Are you curious about the OYO share price and whether it’s a good investment opportunity right now? You’re not alone! OYO, officially known as Oravel Stays Limited, has been a hot topic in the Indian investment landscape for years. Many investors are keenly watching its movements, especially with the anticipated Initial Public Offering (IPO).
OYO’s journey from a startup to a global hospitality technology platform has been remarkable. It transformed the budget hotel segment and captured significant market share. Understanding its current market position and future prospects is crucial for anyone considering an investment.
In this comprehensive guide, we’ll dive deep into everything you need to know about the OYO share price. We will cover its latest value, historical trends, financial performance, IPO status, and offer a practical investment guide to help you make informed decisions.
Understanding the OYO Share Price: Latest Updates
Staying updated on the latest OYO share price is vital for potential investors. Since OYO is currently an unlisted company, its shares trade on secondary markets. This means prices can vary across different platforms that facilitate the buying and selling of unlisted equity shares.
Price Comparison Across Platforms
The OYO share price can fluctuate depending on the platform and current market demand. As of December 2025, prices typically range from approximately ₹24.90 to ₹45 per share. It’s essential to check multiple sources to get a fair idea of the prevailing market rate.
Altius Investech: Often provides competitive pricing and detailed analysis. Planify: Known for real-time updates and investment research reports. Sharescart: Offers a platform for buying and selling with historical data. InCred Money: Provides a seamless experience for unlisted share transactions. Delisted Stocks: Another popular platform for tracking unlisted share prices.
Historical Price Trends (2022-2025)
OYO’s share price has seen considerable movement over the past few years. In 2021, the company reached a peak valuation of around $9 billion, reflecting high investor optimism. However, market conditions and revised valuations led to adjustments in subsequent years.
The price has stabilized in the current range, reflecting a more realistic assessment of its financial performance and market potential. Observing these historical trends helps investors understand the stock’s volatility and potential for future growth.
Price Volatility Analysis
As with any unlisted share, OYO’s price can experience volatility. Factors such as IPO news, financial results, global market sentiment, and liquidity in the secondary market can all influence its movements. Investors should be prepared for these fluctuations and consider a long-term perspective.
Analyzing price volatility helps in setting realistic expectations for returns. It also guides investors in understanding the risks associated with investing in a pre-IPO company that is still subject to market re-ratings.
OYO Company Overview & Business Model
Before diving into investment specifics, it’s crucial to understand OYO’s foundation. OYO Rooms, or Oravel Stays Limited, was founded in 2012 by Ritesh Agarwal. It started with a vision to transform the fragmented budget hospitality sector in India.
Company Background
OYO quickly grew by partnering with small and independent hotels, offering them technology and standardization. This approach helped these hotels improve their services and visibility, while OYO expanded its network rapidly. The company is now a prominent player in the global hospitality landscape.
Over the years, OYO has expanded its offerings beyond just rooms to include vacation homes and other accommodation options. Its continuous innovation and focus on technology have been key drivers of its growth.
Business Model Analysis
OYO operates on an asset-light business model, primarily acting as a technology platform. Instead of owning hotels, it partners with property owners. It provides them with operational support, technology solutions, and branding under the OYO umbrella.
Its revenue streams include commissions from bookings, subscription fees for its technology platform, and other ancillary services. This model allows for rapid expansion without the heavy capital expenditure associated with traditional hotel chains.
Global Presence & Market Share
OYO’s reach extends far beyond India, with a presence in over 35 countries. It has established a significant footprint in Europe, Southeast Asia, and other regions. This global diversification helps in mitigating regional risks and tapping into various travel markets.
The company continues to strengthen its market share by focusing on customer experience and technological innovation. Its ability to adapt to local market needs has been instrumental in its international success.
Financial Performance Analysis (FY2025)
Understanding OYO’s financial health is paramount for any investor. The company has demonstrated a strong turnaround, moving towards sustained profitability. Its latest financial reports show encouraging signs for the future.
Revenue Growth Analysis
For the fiscal year 2025, OYO reported an impressive revenue of ₹6,252.8 crore. This represents a significant 16% year-on-year growth, indicating robust business activity and increasing customer adoption. The fourth quarter of FY25 also showed strong performance, contributing to this positive trend.
This revenue growth is driven by increased bookings across its segments and a focus on operational efficiencies. The company’s diversified portfolio of hotel and vacation home offerings also plays a crucial role in its revenue expansion.
Profitability Metrics
A key highlight of OYO’s recent performance is its profitability. The company posted a Profit After Tax (PAT) of ₹244.82 crore for FY25. This marks a significant milestone, as OYO has achieved 10 consecutive profitable quarters, demonstrating consistent financial stability.
Its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margins have also been healthy, around 18%. This indicates strong operational efficiency and cost management, which are crucial for long-term sustainability.
Key Financial Ratios
Analyzing key financial ratios provides further insights into OYO’s valuation. While the company is unlisted, these ratios are often estimated based on its financials and compared with listed peers. The estimated P/E (Price-to-Earnings) Ratio for OYO is around 71.71, and the P/B (Price-to-Book) Ratio is about 1.94.
The Debt-to-Equity ratio, a measure of financial leverage, is around 1.89. These figures help investors benchmark OYO’s valuation against industry standards and assess its financial risk profile.
OYO IPO Status & Timeline 2025
The highly anticipated OYO IPO remains a central point of discussion among investors. The company has made significant progress towards its public listing, and the latest updates indicate a positive trajectory.
Current IPO Status
OYO has received shareholder approval for a fresh issue size of ₹6,650 crore as part of its IPO. This approval is a crucial step in the pre-IPO process. Additionally, the company has announced a 1:19 bonus issue, which means existing shareholders will receive 19 bonus shares for every 1 share they hold.
These developments suggest that OYO is actively preparing for its market debut. The regulatory approvals and internal preparations are aligning towards a public offering in the near future.
Expected Timeline
While an official OYO IPO date has not been set, the market anticipates a listing in 2025. The company will need to finalize its Draft Red Herring Prospectus (DRHP) and get final approval from SEBI. This process involves detailed regulatory scrutiny and market assessment.
The expected listing date and price band will become clearer once the DRHP is filed and public sentiment is gauged. Investors should keep a close watch on official announcements from OYO and regulatory bodies.
IPO Objectives & Fund Utilization
The funds raised through the IPO are expected to be utilized for several strategic objectives. These may include debt repayment, funding inorganic growth opportunities, expanding into new markets, and investing in technology and product development. These uses are designed to fuel OYO’s future growth and strengthen its market position.
A successful IPO will provide OYO with the capital needed to execute its long-term vision. It will also offer liquidity to early investors and employees, while broadening its shareholder base.
Investment Analysis: Should You Invest in OYO?
Deciding whether to invest in OYO requires a careful assessment of its potential upsides and downsides. Like any investment, it comes with its own set of risks and rewards.
Bull Case Analysis
The bull case for OYO rests on several strong points. Its continued growth potential in the global hospitality market is significant, especially with increasing travel demand. OYO’s
market leadership in the budget accommodation segment gives it a competitive edge, backed by its strong technology platform and brand recognition.
The company’s recent trajectory towards profitability, with 10 consecutive profitable quarters, signals a maturing business model. Its asset-light approach allows for scalable growth and potentially higher margins in the long run.
Bear Case Analysis
On the other hand, the bear case highlights potential concerns. Valuation remains a key point of contention; the company’s valuation dropped from $9 billion to an estimated $2.3-$4.6 billion. This reduction indicates market skepticism regarding its previous peak valuation.
Competitive pressures from traditional hotel chains and other online travel agencies (OTAs) are always present. Macroeconomic factors and market risks, such as economic downturns or pandemics, can significantly impact the hospitality sector. Investors should also consider the inherent risks of investing in a pre-IPO company.
Risk-Reward Assessment
A balanced risk-reward assessment suggests that OYO offers substantial growth potential, but also comes with the risks inherent in a high-growth, pre-IPO company. Investors looking for aggressive growth might find it appealing. However, conservative investors might prefer to wait for more market stability post-IPO.
Quantifying these risks involves considering market volatility, competition, regulatory changes, and the company’s ability to sustain profitability. Potential returns must be weighed against these factors.
How to Buy OYO Unlisted Shares (Step-by-Step Guide)
For investors interested in acquiring OYO shares before its IPO, the unlisted market is the only route. This process involves specific steps and choosing the right platform.
Platform Comparison
Several reputable platforms facilitate the buying and selling of unlisted shares in India. These include Altius Investech, Planify, Sharescart, InCred Money, and UnlistedZone. Each platform may have different features, fees, and settlement periods.
It’s advisable to compare their services, charges (typically 0.5-2% commission), and track record before committing. Look for platforms with transparent processes and good customer support.
Investment Process
The typical investment process involves opening an account with an unlisted shares broker. You will need to complete KYC (Know Your Customer) requirements, which usually include submitting identity and address proofs. Once your account is verified, you can place an order to buy OYO shares.
Payment methods usually involve bank transfers. After the transaction is confirmed, the shares are transferred to your demat account within a few business days (settlement period typically T+2 to T+5).
Safety Measures & Due Diligence
When investing in unlisted shares, due diligence is crucial. Always verify the authenticity of the broker and the shares. Ensure you receive proper documentation, including contract notes and demat credit confirmations. Be wary of unsolicited offers or promises of abnormally high returns.
Research the company’s financials thoroughly and understand the inherent liquidity risks associated with unlisted shares. Always invest an amount you are comfortable losing, as these investments carry higher risks than listed securities.
Portfolio Allocation & Investment Strategy
Integrating OYO shares into your investment portfolio requires a thoughtful strategy. The optimal allocation will depend on your risk appetite, financial goals, and overall portfolio structure.
Optimal Allocation
For most investors, especially those new to unlisted shares, OYO should form a smaller portion of a diversified portfolio. A common approach is to allocate a maximum of 5-10% of your total investable capital to high-growth, pre-IPO opportunities like OYO. This helps manage risk while still participating in potential upside.
More aggressive investors with a higher risk tolerance might consider a slightly larger allocation. However, diversification across different asset classes and sectors remains key to
a healthy portfolio.
Investment Horizon Recommendations
Investing in OYO at this stage is generally considered a long-term play. The investment horizon should ideally be 3-5 years or until the IPO and subsequent listing. Short-term trading in unlisted shares can be challenging due to liquidity constraints and price volatility.
Patience is a virtue in pre-IPO investments, as the real value often unlocks post-listing. Hold your investment to allow the company’s growth story to unfold and for the market to fully recognize its potential.
Entry & Exit Strategies
Your entry strategy should involve buying OYO shares at a valuation that you believe offers a reasonable margin of safety. Consider averaging your purchases over time if you are unsure about the current market price. For exit, you might consider selling a portion of your holdings
either just before the IPO to lock in some profits or after listing, depending on market conditions and your financial goals.
Having a clear exit plan helps manage expectations and secure returns. This strategy should be revisited as new information about the company and market becomes available.
Tax Implications for Indian Investors
Understanding the tax implications of investing in OYO unlisted shares is crucial for Indian investors. Taxation primarily falls under capital gains.
Capital Gains Tax
When you sell your OYO unlisted shares, any profit you make is subject to capital gains tax. If you sell shares held for less than 24 months, it is considered a Short-Term Capital Gain (STCG). STCG is added to your total income and taxed at your applicable income tax slab rate.
If you hold the shares for more than 24 months, it is treated as a Long-Term Capital Gain (LTCG). LTCG on unlisted shares is taxed at a flat rate of 20% with indexation benefits. Indexation adjusts the purchase price for inflation, thereby reducing your taxable gain.
Dividend Taxation
Currently, OYO has focused on reinvesting profits back into the business, and there have been no significant dividend payouts. However, if the company decides to issue dividends in the future, these would be taxable in the hands of the shareholder as per their income tax slab rate. Dividend income is added to your total income.
It is always advisable to consult a tax advisor for personalized guidance. Tax laws can be complex and may change, so staying informed is important.
Tax Planning Strategies
Effective tax planning can help optimize your returns. Utilizing the indexation benefit for long term capital gains is a key strategy. Consider the timing of your sales to manage your tax liability. For instance, selling after 24 months can significantly reduce your tax burden.
Keeping accurate records of your purchase price, date, and sale details is essential for proper tax calculation and filing. These records will be necessary when filing your income tax returns.
Comparative Analysis with Hospitality Stocks
To put OYO’s valuation and potential into perspective, it’s helpful to compare it with established listed hospitality players in India. This comparison can highlight OYO’s unique position and growth prospects.
OYO vs Indian Hotels Company
Indian Hotels Company Limited (IHCL), operating brands like Taj and Vivanta, is a premium hospitality player. While IHCL owns and manages its properties, OYO’s asset-light model differentiates it. IHCL has a stable, established business with consistent profitability, while OYO offers higher growth potential due to its technology-driven expansion and penetration into the budget segment.
IHCL’s valuation reflects its stable, premium market position, whereas OYO’s valuation reflects its growth trajectory and disruption potential.
OYO vs EIH Limited
EIH Limited, known for the Oberoi and Trident hotels, also operates in the luxury segment. Similar to IHCL, EIH focuses on owned and managed high-end properties. OYO, by contrast, targets a much broader market, from budget to mid-scale accommodations, primarily through partnerships.
This difference in target market and business model means they cater to different investor profiles. OYO aims for volume and tech-led growth, while EIH focuses on premium service and brand equity.
OYO vs Lemon Tree Hotels
Lemon Tree Hotels operates primarily in the mid-market hotel segment. It employs a mix of owned, leased, and managed properties, which is closer to OYO’s partnership model than the luxury chains. Lemon Tree offers a good benchmark for assessing OYO’s performance within a similar, albeit more traditional, segment.
Comparing OYO’s revenue growth and profitability with Lemon Tree can provide insights into OYO’s operational efficiency and market capture within the affordable and mid-tier hospitality space.
Valuation Comparison
A direct valuation comparison is complex due to OYO being unlisted. However, based on estimated P/E and P/B ratios, OYO often trades at a higher multiple than some listed peers. This premium reflects its growth potential and disruptive technology platform.
Investors should look at growth rates, market share, profitability, and future expansion plans when comparing these companies. Each has its unique value proposition in the diverse Indian hospitality sector.
Regional Investment Guide
Investment interest in OYO shares is widespread across India, with particular focus from major metropolitan areas. Understanding regional nuances can be helpful for local investors.
Delhi NCR Investor Focus
Investors in Delhi NCR, being a major business and travel hub, often have a keen interest in hospitality sector stocks. The region’s vibrant startup ecosystem also contributes to a higher awareness and appetite for pre-IPO opportunities. Many unlisted share brokers also have a strong presence here.
Investment decisions here often consider the local market dynamics and potential for OYO’s continued growth in the region.
Mumbai Investor Focus
Mumbai, as India’s financial capital, houses a large number of retail and institutional investors. The sophistication of Mumbai’s investor community means a greater emphasis on detailed financial analysis and market trends. Investors here are likely to evaluate OYO’s performance against global benchmarks.
Access to various investment platforms and financial advisors is also prevalent, aiding informed decision-making.
Bangalore Investor Focus
Bangalore, the Silicon Valley of India, has a tech-savvy investor base. These investors are often more comfortable with technology-driven companies and innovative business models like OYO’s. The focus here might be more on OYO’s technological advancements and its potential to disrupt the traditional hospitality space further.
Local investor groups and communities often discuss high-growth tech investments, including OYO.
Future Outlook & Growth Projections
OYO’s future outlook appears promising, supported by its renewed focus on profitability and strategic expansion. The company is positioning itself for sustained growth in the coming years.
2026-2027 Projections
Analysts project continued strong performance for OYO, with robust revenue and profitability targets for 2026-2027. The company’s operating income is estimated to reach around ₹2,790 crore by 2027. Its total income is expected to grow at a Compound Annual Growth Rate (CAGR) of 12.1% over five years.
These projections are based on OYO’s consistent operational improvements and market expansion strategies. They suggest a positive trend for long-term investors.
Market Expansion Plans
OYO plans to further strengthen its global presence and penetrate new markets. This includes deepening its footprint in existing high-growth regions and exploring untapped
territories. The company’s vacation homes segment is also a significant area for future growth, catering to evolving travel preferences.
Strategic partnerships and localized approaches will be key to successful market expansion. The company’s ability to adapt to diverse customer needs will drive this growth.
Technology Initiatives
Technology remains at the core of OYO’s strategy. Continued investment in AI, data analytics, and platform enhancements will drive efficiency and improve customer and partner experiences. Innovations in booking, pricing, and property management will be critical for maintaining its competitive edge.
These technology initiatives are expected to improve operational margins and attract more property owners to the OYO platform. They are central to the company’s long-term value creation.
Expert Recommendations & Action Plan
Given the detailed analysis, here are some expert recommendations tailored to different investor profiles.
For Conservative Investors
Conservative investors might consider waiting for OYO to list on the stock exchange before making an investment. This approach reduces the risks associated with unlisted shares, such as liquidity and valuation uncertainty. Post-IPO, there will be more transparency and regulated trading.
If investing pre-IPO, keep your allocation small and ensure it’s a very long-term investment. Focus on capital preservation.
For Aggressive Investors
Aggressive investors with a higher risk tolerance and a long-term horizon might find the current OYO share price appealing. Investing in the pre-IPO stage offers the potential for higher returns if the company performs well post-listing. However, this also comes with higher risk.
Conduct thorough due diligence, understand the market dynamics, and allocate funds carefully within your risk appetite. Diversify your aggressive investments.
For First-time Unlisted Share Investors
If you’re new to unlisted shares, OYO could be an interesting, albeit higher-risk, entry point. Start with a small, manageable investment amount to familiarize yourself with the process. Focus on reputable platforms and ensure all documentation is in order.
Prioritize understanding the risks involved, especially liquidity constraints and potential for price volatility. Education and careful research are your best tools.
Frequently Asked Questions (FAQs)
What is the current OYO share price and where can I check it regularly?
The current OYO share price typically ranges between ₹24.90 to ₹45 per share, though this can fluctuate daily. Since OYO is unlisted, its shares are traded on secondary markets.
You can check the latest prices on specialized platforms like Altius Investech, Planify, Sharescart, InCred Money, and UnlistedZone. It’s advisable to check multiple sources to get an average market price.
Is OYO a good investment considering its valuation drop from $9B to $2.3B?
OYO’s valuation drop from $9 billion to an estimated $2.3-$4.6 billion reflects a market recalibration rather than a complete loss of potential. The company has since shown a strong turnaround, achieving 10 consecutive profitable quarters and robust revenue growth.
Whether it’s a good investment depends on your risk appetite and investment horizon. For aggressive, long-term investors, the current valuation might present a buying opportunity with significant upside potential if the company continues its growth trajectory and has a successful IPO.
How can I buy OYO unlisted shares safely as a retail investor?
To buy OYO unlisted shares safely, first choose a reputable platform or broker specializing in unlisted equities. Complete your KYC process and link your demat account.
Ensure the broker provides proper contract notes and that shares are transferred to your demat account. Always conduct due diligence on the broker and the company, and never invest more than you can afford to lose.
What are the main risks of investing in OYO before IPO?
Investing in OYO before its IPO carries several risks. Firstly, there’s a lack of liquidity; selling unlisted shares can be more challenging than selling listed ones. Secondly, valuation can be subjective and may fluctuate significantly until a public listing.
Thirdly, there’s regulatory uncertainty regarding the IPO timeline and pricing. Lastly, as a pre IPO company, OYO is still susceptible to market downturns and intense competition in the hospitality sector.
When is OYO IPO expected and what should be my investment strategy?
While an official date is not yet announced, OYO’s IPO is widely expected in 2025, following shareholder approval for its fresh issue and bonus shares. The exact timeline will depend on regulatory approvals from SEBI and market conditions.
For investment strategy, aggressive investors might consider pre-IPO allocation for long-term growth. Conservative investors might wait for the public listing for more transparency and liquidity. In either case, thorough research and a diversified portfolio are recommended.
Investing in OYO at its current stage offers a fascinating opportunity for those willing to navigate the unlisted market. The company has shown a remarkable turnaround, moving from a growth-at-all-costs model to one focused on sustainable profitability.
Its strong revenue growth, consistent profits, and strategic expansion plans paint a positive picture for the future. However, it is crucial to remember the inherent risks associated with pre-IPO investments, including liquidity challenges and valuation uncertainties.
For potential investors, a balanced approach is key. Conduct thorough due diligence, understand the market, and align your investment with your personal risk appetite and financial goals. Keeping an eye on the forthcoming OYO IPO developments will be essential for making timely and informed decisions.
