OYO Ltd. IPO

OYO Ltd. IPO

IPO Details                                         Status: Upcoming  

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IPO Timeline  

OYO Subscription Details  

OYO IPO Reservation  

OYO Financial Information (In Rs. CR.) 

About OYO Ltd. IPO  

One time, Ritesh Agarwal, the creator of OYO, went traveling in India. He learned from his experience that when it comes to choosing inexpensive hotels in India, tourists have no notion of what to anticipate. In an attempt to address this void in the hotel sector, the 19-year-old established OYO in 2013.  

OYO Hotels is an online marketplace that links passengers with property owners or operators, such as hotels and flats. More than 1.5 lakh properties are currently listed on OYO, serving a large user base. With the help of major investors like Softbank and a calculated investment from Airbnb, OYO's parent business, Oravel Stays, has grown to operate in 35 countries.  

OYO has encountered numerous issues and difficulties over the past two years, just like the rest of the hotel and tourism sector. Its company was hurt by the movement limitations brought on by the pandemic. Due to a precipitous decline in revenue and occupancy rates, the company was obliged to reduce staff and decrease expenses.  

The pent-up demand for travel, however, is anticipated to support the recovery. Following the reorganization, OYO hopes to become more resilient and raise capital to support corporate expansion. The OYO IPO's net proceeds will be utilized for both inorganic and organic business expansion, as well as debt repayment.   

OYO IPO Objectives  

OYO Hotels and Residences' IPO Goals  

1. To pay back or pay back debts that various subsidiaries have taken out.  

2. Encourage various goals for inorganic and organic growth.  

3. Achieving broad business objectives.  

4. Implement the selling offer for the involved parties.   

OYO IPO: Strengths  

Here are the reasons why an individual should subscribe to the OYO IPO :  

1. It has an asset-light business model and none of the shopfronts on its platform are owned by it.  

2. Has not signed a contract requiring minimum guarantees or fixed payment commitments with its clients. As a result, it is now capital-efficient.  

3. Typically receives 20% to 35% of the total amount booked.  

4. Is the country with the most hotel shopfronts in South-East Asia and India.  

5. More than 2,700 customers worldwide had multiple hotel or home shopfronts listed on the platform.  

6. serves a broad spectrum of clients, such as families, small and medium-sized enterprises, corporates, and millennials.  

7. Boasts 90 lakh members in its loyalty program, increasing the rate of recurring business.  

8. Organic and repeat traffic on its direct channels accounted for about 78% of its demand in FY21.   

OYO IPO: Risks  

1. Pandemic-like events could trigger a fresh round of restrictions on tourist movement .  

2. Incurred net losses in each year since incorporation.  

3. Failure to retain patrons and customers cost-effectively.  

4. Operates in a highly competitive industry.  

5. Relies on third-party distributors, including online travel agencies (OTAs), travel management companies and global distribution systems to market and distribute its storefronts.  

6. Dependence on mobile operating systems and application marketplaces to make its applications available to participants.  

7. Has a substantial amount of indebtedness, which requires significant interest and principal payments. As of July 2021, it had a total outstanding debt of ₹4,890 crore.  

How To Apply for OYO    IPO Online?  

1. Click and Login to Your Angel One Account   : Open the Angel One app or website and log in with your credentials.  

2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.  

3. Select IPO: Find and select the Laxmi Dental IPO from the list of open IPOs.  

4. Enter the Lot Size: Specify the number of lots you want to bid for.  

5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.  

6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.  

How to Check IPO Allotment Status  

1. Login to Angel One App / Website  

2. Choose the IPO section on the Home Page  

3. Click IPO Orders  

4. Chose the IPO application you want to view the status for  

Important Link                    
  OYO IPO allotment status