oyo ipo Details
Oravel Stays Limited filed its draft red herring prospectus with SEBI on 1 Jan 2026 and Sebi Approval received on 2 Jun 2026 for an issue of about ₹6,650.00 Cr. Price band, lot size and issue dates are announced only after SEBI observations and the RHP filing.
Last updated
- Stage
- SEBI Approved
- DRHP filed
- 1 Jan 2026
- SEBI Approval
- 2 Jun 2026
- Issue size
- ₹6,650.00 Cr
- Board
- Mainboard
- Price band
- TBA
oyo ipo status
Oravel Stays Limited filed its draft red herring prospectus (DRHP) with SEBI on and SEBI Approval received on . The issue can open only after SEBI issues its observations and the company files the RHP with the price band.
| DRHP filed | 1 Jan 2026 |
|---|---|
| Days since filing | 303 |
| SEBI observation | 2 Jun 2026 |
| Price band | TBA |
| Issue dates | TBA |
Share reservation by category
| Category | Shares Details |
|---|---|
| Qualified Institutions | Not Less Than 75% of the Net Issue |
| Retail Investors | Not More Than 10% of the Net Issue |
| Non-Institutional | Not More Than 15% of the Net Issue |
Oravel Stays Limited financials
Between 31 Mar 2024 and 31 Mar 2025, Income rose from ₹5,541.59 Cr to ₹6,325.89 Cr, and profit after tax rose from ₹229.58 Cr to ₹244.82 Cr. The PAT margin for 31 Mar 2025 was 3.87%.
| Period ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 18,944.25 | 16,695.32 | 6,443.47 | 7,932.43 |
| Total Income | 7,166.33 | 6,325.89 | 5,541.59 | 5,601.70 |
| Profit After Tax | 748.34 | 244.82 | 229.58 | -1,286.52 |
| EBITDA | 2,127.21 | 953.43 | 1,279.98 | -324.42 |
| Net Worth | 6,146.62 | 4,763.90 | 1,856.55 | 1,587.91 |
| Reserve & Surplus | 5,272.86 | 4,089.43 | 1,725.83 | 1,458.26 |
| Total Borrowings | 7,484.88 | 7,144.05 | 3,602.97 | 5,071.49 |
₹ in crore, as stated in the prospectus.
Peer comparison
| Company | Face value | P/E | EPS (basic) | EPS (diluted) | RoNW | NAV |
|---|---|---|---|---|---|---|
| Oravel Stays Ltd. | 1 | — | 0.18 | 0.17 | 5.18% | 0.00 |
| TBO Tek Limited | 1 | 79.16 | 21.73 | 21.48 | 19.24% | 0.00 |
| Lemon Tree Hotels Limited | 10 | 65.32 | 2.48 | 2.48 | 19.56% | 0.00 |
| The Indian Hotels Company Limited | 1 | 26.65 | 27.79 | 27.75 | 17.16% | 0.00 |
| ITC Hotels Limited | 1 | 65.08 | 3.05 | 3.05 | 5.94% | 0.00 |
Notes
Financial information of the Company is derived from the Restated Consolidated Financial Information.
Source: Consolidated financial results of the peer companies for the Fiscal 2025 submitted to stock exchanges
P/E Ratio of the company shall be disclosed post finalization of price band.
P/E Ratio of peers group companies is calculated as closing share price as of June 10, 2026 as available on NSE, divided by the diluted EPS for the Fiscal 2025.
Basic and Diluted EPS sourced from the consolidated financial results of the respective peer group companies for the Fiscal 2025.
RoNW is computed as profit or loss for the year attributable to equity shareholders divided by Net Worth at the end of the period/ year
Net worth is the aggregate value of paid up share capital including instruments in the nature of equity and all reserves created out of profit, securities premium account and debit or credit balance of profit and loss account, share based payment reserve, money received against share warrants and other reserves after deducting the aggregate value of the accumulated losses, deferred expenditure and miscellaneous expenditure not written off, as per the audited balance sheet but does not include reserve created out of revaluation of assets, write-back of depreciation and amalgamation.
Net assets value per share = Net asset value per share is calculated by dividing net worth by weighted average number of
equity shares outstanding at the end of the year.
From the prospectus. P/E is shown as — when earnings are zero or negative, or not reported for the issuer before listing.
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in our Subsidiary, Oravel Stays Singapore Pte. Ltd. for repayment/prepayment, in part or full, of certain of its borrowings | 4,987.50 |
| 2 | General corporate purposes | 0.00 |
| Total | 4987.5 |
About Oravel Stays Limited
Oravel Stays Limited, popularly known as OYO, was incorporated as Oravel Stays Private Limited on February 21, 2012, in New Delhi. The company was subsequently converted into a public limited company and renamed Oravel Stays Limited in September 2021. Its registered office is now in Ahmedabad, Gujarat.
Oravel Stays Limited operates a technology-driven hospitality platform under the OYO brand, connecting travelers with a broad network of hotels, homes and other accommodation options. The company operates across multiple hospitality formats and international markets, with its platform supporting booking, distribution, pricing, property management and other technology-enabled services. Its business includes the Hotels, Homes and Listings verticals, with brands and businesses spanning India, the United States, the United Kingdom, Europe, Southeast Asia and other markets.
The company follows an asset-light, technology-enabled hospitality model, where third-party property owners and operators provide the underlying accommodation infrastructure while Oravel Stays provides technology, branding, distribution and operational enablement. Its technology platform integrates multiple products and services through its proprietary applications and systems.
The company offers a diverse portfolio of accommodation formats under brands such as OYO Rooms, OYO Townhouse, OYO Homes, Capital O, Palette, Collection O, and Sunday Hotels, catering to leisure travelers, business guests, families, and long-stay customers across multiple countries.
Business Verticals:
Hotels vertical: Sunday, Townhouse, Townhouse Oak, Palette, OYO, Motel 6, Studio 6 among other brands, spanning India, the United States, the United Kingdom, Southeast Asia and the Middle East.
Homes vertical: Professionally managed vacation homes and short-term rental properties operating under brands such as Belvilla and DanCenter, Checkmyguest primarily in Europe and Australia.
Listings vertical: Storefronts in Europe that are listed on their platform for a fixed subscription fee.
As of December 31, 2025, Oravel Stays had 3,434 full-time employees globally, of which approximately 76.12% were based in India.
As of the same date, the company operated a global hospitality platform covering 35 countries, with a portfolio of hotels, homes and other listings across its various businesses.
Promoters
Ritesh Agarwal
RA Hospitality Holdings (Cayman)
SVF India Holdings (Cayman) Ltd
Contact details
Oravel Stays Limited
Ground Floor-001, Mauryansh Elanza,
Shyamal Cross Road,
Nr. Parekh Hospital, Satellite
Ahmedabad, Gujarat, 380015
Email:investors@prismlife.com
Tel: +91 70110 99322
Website:https://www.prismlife.com/
oyo ipo FAQs
- Has oyo ipo filed for an IPO?
- Oravel Stays Limited filed its draft red herring prospectus (DRHP) with SEBI on 1 Jan 2026.
- When will the oyo ipo open?
- Issue dates are announced after SEBI observations and the RHP filing. They are not available yet.
- What is the oyo ipo price band?
- The price band is announced a few days before the issue opens. It is not available yet.
- What is the oyo ipo size?
- The DRHP proposes an issue of about ₹6,650.00 Crore. The final size can change in the RHP.
Details are from the draft prospectus and can change in the final RHP. This is not investment advice.