Bookbuilding IPO | ₹6,650 Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Oravel Stays Ltd. on June 2, 2026. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 18 months.
Oravel Stays Ltd. IPO is a Book Build Issue of ₹6,650.00 crores consisting solely of fresh issue of shares with no offer for sale component.
The equity shares are proposed to be listed on NSE and BSE. Axis Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to OYO IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹6,650 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹6,650 Cr) |
| Share Holding Pre Issue | 3,74,59,94,357 shares |
| Share Holding Post Issue | 15,05,37,91,264 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Dec 31, 2025 |
| SEBI/Exchange approval received | Tue, Jun 2, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Offer |
| Retail Shares Offered | Not more than 10% of the Net Issue |
| NII Shares Offered | Not more than 15% of the Net Offer |
Incorporated in 2012, Oravel Stays Limited, popularly known as OYO, is an multinational hospitality company that operates a technology-driven platform connecting property owners with travelers seeking affordable and quality accommodation.
The company partners with hotels, homes, resorts, and other hospitality establishments, enabling them to leverage OYO's technology, brand recognition, and operational expertise to improve occupancy, revenue, and customer experience.
OYO provides a comprehensive suite of technology and operational solutions to its partner properties, including dynamic pricing, revenue management, booking distribution, property management, customer support, and performance analytics. Through its digital platform, travelers can easily discover, compare, and book accommodations while benefiting from standardized services, competitive pricing, and a seamless end-to-end booking experience.
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:
As of December 31, 2025, the company had 3,434 full-time employees around the world.
Competitive Strengths:
| 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 |
| Reserves and Surplus | 5,272.86 | 4,089.43 | 1,725.83 | 1,458.26 |
| Total Borrowing | 7,484.88 | 7,144.05 | 3,602.97 | 5,071.49 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Brigade Hotel Ventures Ltd. | Mainboard | ₹759.60 Cr | ₹90 | 112.38 | ₹85.32 | -5.20% | ₹63.53 (+0.55%) |
| Suba Hotels Ltd. | SME | ₹75.47 Cr | ₹111 | 12.78 | ₹161.90 | +45.86% | ₹121.70 (+5.37%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in the Subsidiary, Oravel Stays Singapore Pte. Ltd. for repayment/prepayment, in part or full, of certain of its borrowings | |
| 2 | General corporate purposes | |
| Total | 0.00 |
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| Debt/Equity | 2.10 | 0.24 |
| RoNW | 12.17% | 5.18% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 70.56% |
Oyo's parent company, Prism (formerly Oravel Stays Ltd) pre-filled for IPO to raise approximately Rs 6,650 crore.
Lead Manager Reports
OYO IPO is a main-board IPO of 0 equity shares of the face value of ₹1 aggregating up to ₹6,650 Crores. The issue is priced at To be declared. The minimum order quantity is .
The OYO IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in OYO IPO using UPI as a payment gateway. Zerodha customers can apply in OYO IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in OYO IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The OYO IPO dates are not announced. Please check back again after some time.
OYO IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in OYO IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for OYO IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the OYO IPO allotment status.
The OYO IPO listing date is not yet announced. The tentative date of listing is .
