Oravel Stays Limited

IPO Size

`8430 Cr

Price Band


Minimum Lot Size


Face Value

`1 Per Share

Employee Discount


Retail Allocation


Issue Open Date


Issue Close Date


Listing Date


About the Company:

OYO is a leading, new-age technology platform empowering the large yet highly fragmented global hospitality ecosystem. OYO has been focused on reshaping the short-stay accommodation space since its incorporation in 2012 and has developed a unique two-sided technology platform focused on comprehensively addressing key pain points of its Patrons on the supply side and its Customers on the demand side.

Its Patrons use its platform to manage all mission-critical aspects of their business operations. OYO's comprehensive, full-stack technology suite integrates more than 40 products and services across its digital sign-up and onboarding, revenue management, daily business management, and D2C stacks into its two flagship Patron applications, Co-OYO and OYO OS. This enables its Patrons to have a significant digital presence across its extensive distribution network.

OYO's Customers can book storefronts through our D2C channels on our platform and indirect channels with third-party OTAs.

OYO has a global footprint, its operations are focused in India, Indonesia, Malaysia, and Europe (collectively, its “Core Growth Markets”), which are the most mature in terms of the scale of its storefront footprint and our unit economics. Its asset-light, the technology-driven business model has enabled OYO to scale its business globally and provided it with a strong competitive advantage in the short-stay accommodation space. As of March 31, 2021, OYO had 157,344 storefronts across more than 35 countries listed on our platform.

Outstanding Litigation:

S.No. 1 - Company 2 - Directors 3 - Promoters
Entity Name By the Company Against the Company By the Director Against the Director By the Promoter Against the Promoter
Criminal cases 2 - - - - 8
Material civil cases - 4 - - - -
Taxation matters - - - - - -
Regulatory Proceedings - 2 - - - -

Financial Statements:

Income Statement(in Milllions) March'2021 March'2020 March'2019
Gross Operating Income 41,573.86 1,34,132.68 65,184.57
Cost of Employee & Inventory 17,421.21 47,652.89 14,899.34
Other Expenses 59,843.24 193,307.98 81,993.80
EBITDA -30,829.69 -76,525.11 -16,804.23
Finance Cost 5599.42 7,411.55 1,111.66
Depreciation 3,918.09 27,281.67 4,988.82
Profit/Loss Before Tax  -40,347.20 -111,218.33 -22,904.71
 Tax 675.6 -420.45 38.34
Profit/Loss After Tax -39,438.44 -131,227.77 -23,645.32

Promoter of the Company

Ritesh Agarwal

Peer Comparison

No listed peer company

Objectives of the Issue

Offer for Sale

Proceeds from the Offer for sale worth Rs 1430cr, will not be received by the company.

Fresh Issue

Net proceed of Rs 7000 cr from the offer for sale will be utilized for the following: • Prepayment or repayment, in part, of certain borrowings availed by certain of our Subsidiaries; • Funding our organic and inorganic growth initiatives; and • General corporate purposes

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