OYO (Oravel Stays Limited) is a global hospitality technology company founded in 2012 by Ritesh Agarwal. The company operates a technology-driven hospitality platform that connects hotel owners, property operators and travellers through its digital ecosystem.
OYO focuses on transforming independent hotels, budget accommodations and underutilized properties into standardized, technology-enabled hospitality offerings. Through its asset-light business model, the company partners with hotel and property owners, providing branding, technology, distribution and customer acquisition support.
OYO generates revenue through franchise arrangements, commissions, hotel bookings, subscription-based services and other hospitality-related offerings. Its technology platform helps property owners manage bookings, pricing, occupancy, revenue and day-to-day operations.
OYO unlisted shares attract investor attention because of the company's brand recognition, international presence, technology-driven business model and growth opportunities in the global hospitality industry.
OYO follows a two-sided hospitality platform model that connects property owners (Patrons) with customers (Travellers).
OYO connects hotel operators and property owners with travellers through its online platform. Property owners gain access to technology solutions for revenue management, digital operations and pricing optimization, while customers can discover and book accommodations through OYO's website, mobile application and third-party travel platforms.
Unlike traditional hotel chains, OYO generally operates through partnerships with property owners rather than owning the hotels listed on its platform.
Under this model:
Property owners provide the accommodation infrastructure.
OYO provides branding, technology and distribution support.
Hotel partners benefit from customer acquisition and booking management.
OYO earns revenue through franchise fees, commissions and booking-related services.
This approach allows the company to expand its hospitality network without making substantial investments in property ownership.
OYO has expanded its hospitality operations across international markets, with a presence in regions including India, Southeast Asia and Europe.
Its international expansion strategy focuses on building partnerships with independent hotels, vacation rental operators and hospitality businesses while strengthening its digital booking ecosystem.
OYO continues to explore different hospitality segments through its brands and business initiatives.
Its offerings include:
Budget and mid-range hotel accommodations.
Premium hospitality through Palette Resorts.
Vacation home and holiday rental solutions.
Technology-enabled hotel management services.
Digital booking and distribution solutions.
This diversification allows OYO to target different customer segments across the hospitality industry.
OYO has been associated with multiple bonus-related corporate announcements, making it important for investors to distinguish between the original equity bonus proposal and subsequent CCPS bonus proposals.
September 2025: Oravel Stays announced a proposed 1:1 equity bonus issue, with September 30, 2025, as the reported record date.
Planify+1
November 2025: OYO's parent company, PRISM, withdrew a subsequent proposed CCPS bonus structure following shareholder feedback and announced plans to introduce a simplified, unified proposal.
NDTV Profit+1
September 2026: Reports indicated that the existing bonus framework was being reassessed, with a revised proposal expected to cover different shareholder categories.
Planify+1
Investors should verify the latest approved corporate actions, eligibility conditions and applicable record dates directly through official company disclosures before making investment decisions. A bonus issue does not automatically increase the overall market value of an investor's holding.
OYO unlisted shares attract attention from investors interested in India's hospitality and travel technology sectors. The company's established brand, extensive hotel network and international business presence are among the factors influencing investor interest.
Key factors investors generally evaluate include:
Strong Brand Recognition: OYO has established a recognizable hospitality brand across budget and mid-range accommodation segments.
International Business Presence: Its operations across multiple countries provide opportunities to participate in different hospitality markets.
Asset-Light Business Model: Partnerships with property owners help the company expand without owning all the underlying hotel infrastructure.
Focus on Profitability: Improving operating efficiency, controlling costs and strengthening unit economics remain important business considerations.
Technology Integration: Digital booking, pricing optimization and revenue management solutions support its hospitality platform.
Potential IPO Opportunities: Investors monitor the company's potential public listing plans and corporate developments, although an IPO timeline or valuation should not be assumed.
The hospitality industry is undergoing a gradual transformation as customers increasingly prefer convenient online booking, standardized accommodation and technology-enabled travel services.
In India, rising domestic tourism, business travel, disposable income and digital adoption are creating opportunities for organized hospitality platforms.
OYO competes with traditional hotel chains, online travel agencies (OTAs), vacation rental platforms and other technology-driven hospitality businesses.
Its competitive positioning is influenced by several factors:
Digital Distribution: Online platforms help hotels reach a wider customer base.
Standardized Accommodation: Consistent service standards and branding can improve customer confidence.
Pricing Optimization: Technology-driven pricing helps property owners manage occupancy and revenue.
Growing Travel Demand: Increasing domestic and international travel may support hospitality sector expansion.
Competitive Pressure: Competition, hotel partner retention, customer acquisition costs and commission structures can affect profitability.
Unlike listed equities, OYO unlisted shares are not traded on a recognized stock exchange through a continuous public order book. Their prices are generally influenced by private-market transactions and indicative dealer quotations.
The major factors affecting OYO unlisted share prices include:
| Price Influencing Factor | Impact on Valuation |
|---|---|
| Company Financial Performance | Revenue growth and profitability can influence investor confidence. |
| IPO Developments | Listing-related announcements may affect market expectations. |
| Supply and Demand | Availability of shares and buyer interest influence transaction prices. |
| Company Valuation | Private-market valuation expectations affect indicative share prices. |
| Corporate Actions | Bonus issues, fundraising and restructuring may influence shareholding and pricing. |
| Market Conditions | Investor sentiment and broader economic conditions can affect demand. |
Unlisted share prices can vary across intermediaries depending on availability, transaction size and market demand. Investors should check the latest executable buying and selling quotations rather than relying solely on indicative prices.
OYO unlisted shares are held in dematerialized form. Once a transaction is agreed upon, the transfer generally takes place from the seller's demat account to the buyer's demat account through an off-market transfer.
The typical process involves:
Opening and maintaining an active demat account.
Completing the required KYC and transaction documentation.
Confirming the share quantity, price and payment terms.
Initiating the off-market share transfer through the depository participant.
Verifying the credit of shares in the buyer's demat account.
The transfer timeline depends on documentation, payment arrangements and depository processing.
Taxation on unlisted shares generally depends on the holding period and the applicable income tax provisions.
| Type of Capital Gain | Holding Period | Tax Treatment |
|---|---|---|
| Short-Term Capital Gains (STCG) | 24 months or less | Generally taxed at the applicable income tax slab rate. |
| Long-Term Capital Gains (LTCG) | More than 24 months | Generally taxed at 12.5% without indexation for transfers on or after July 23, 2024, subject to applicable provisions. |
Investors should also consider applicable surcharge, cess and other tax provisions. Consulting a qualified tax professional is advisable to determine the tax treatment of individual transactions.
OYO (Oravel Stays Limited) represents an opportunity to explore India's technology-driven hospitality sector through an established accommodation platform with domestic and international operations.
Its asset-light business model, brand recognition, digital infrastructure and expansion into premium hospitality and vacation rentals are important factors for investors to evaluate.
However, investors should carefully assess the company's financial performance, profitability, debt obligations, corporate actions, private-market valuation and potential IPO developments before investing.
Explore OYO Unlisted Shares on Prestake to understand indicative pricing, company fundamentals, investment-related updates and the unlisted share market.
Disclaimer: This content is intended for educational and informational purposes only and does not constitute investment advice or a recommendation to buy or sell OYO unlisted shares. Unlisted shares carry liquidity, valuation and market risks. Investors should conduct independent research before making investment decisions.
| Share Name | Particulars | Fundamentals | Value |
|---|---|---|---|
| Oravel Stays Limited | ₹19.50 | Market Cap (in Cr.) | ₹17,653.99 Cr. |
| Share Price | Per Equity Share | P/E Ratio | 28.68 |
| Minimum Lot Size | Shares Worth ₹20,000 | P/B Ratio | 2.57 |
| Depository | NSDL & CDSL | Debt to Equity | 1.35 |
| PAN Number | AABCO6063D | ROE (%) | 17.17% |
| ISIN Number | INE561T01021 | Book Value | ₹7.60 |
| CIN | U63090GJ2012PLC107088 | EPS | ₹0.68 |
| Face Value | ₹1 | ||
| Total Shares | 9,053,330,000 |
All figures in ₹ crore, except margins and EPS.
| Particulars | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Revenue | 9,357.98 | 6,252.83 | 5,388.79 | 5,463.95 |
| Cost of Material Consumed | 3,658.19 | 0 | 0 | 0 |
| Gross Profit Margin | 60.91% | 100.00% | 100.00% | 100.00% |
| EBITDA | 2,509.63 | 1,036.03 | 707.17 | -373.89 |
| EBITDA Margin | 26.82% | 16.57% | 13.12% | -6.84% |
| EBIT | 1,437.74 | 625.50 | 659.62 | -516.41 |
| EBIT Margin | 15.36% | 10.00% | 12.24% | -9.45% |
| PBT | 398.93 | -500.67 | 225.68 | -1,303.40 |
| PAT | 994.18 | 246.73 | 219.53 | -1,171.86 |
| Net Profit Margin (NPM) | 10.62% | 3.95% | 4.07% | -21.45% |
| EPS | ₹0.68 | ₹0.39 | ₹1.63 | -₹8.82 |
All figures in ₹ crore.
| Particulars | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Cash from Operating Activities | 2,511.21 | 321.25 | 598.23 | 141.84 |
| Cash from Investing Activities | -1,374.92 | -4,212.14 | 1,424.90 | -108.83 |
| Cash from Financing Activities | -866.52 | 4,159.84 | -2,413.19 | -704.72 |
| Net Cash Flow | 269.77 | 268.95 | -390.06 | -671.71 |
All figures in ₹ crore.
| Particulars | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Fixed Assets | 127.43 | 13,247.56 | 4,439.87 | 4,100.42 |
| Capital Work in Progress (CWIP) | 13.80 | 31.22 | 1.11 | 0 |
| Investments | 845.60 | 282.60 | 159.53 | 162.37 |
| Trade Receivables | 663.88 | 487.78 | 202.95 | 158.27 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Assets | 18,369.20 | 2,646.16 | 1,640.02 | 3,511.37 |
| Total Assets | 20,019.90 | 16,695.32 | 6,443.47 | 7,932.43 |
All figures in ₹ crore.
| Particulars | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Share Capital | 905.33 | 636.88 | 134.99 | 132.81 |
| Reserves | 5,971.66 | 4,131.28 | 1,725.83 | 1,459.37 |
| Borrowings | 7,809.56 | 7,144.05 | 3,602.97 | 66.45 |
| Trade Payables | 1,560.10 | 1,240.20 | 963.28 | 935.06 |
| Other Liabilities | 3,773.25 | 3,542.91 | 16.40 | 5,338.75 |
| Total Liabilities | 20,019.90 | 16,695.32 | 6,443.47 | 7,932.43 |
| Company | Market Cap (Cr.) | Revenue (Cr.) | P/E | P/B | ROE (%) |
|---|---|---|---|---|---|
| Oravel Stays Limited | 17,653.99 | 9,357.98 | 28.68 | 2.57 | 17% |
| Bharat Hotels Limited | 2,697.69 | 880.00 | 31.72 | 2.83 | 11% |
| Name | Designation |
|---|---|
| Abhishek Gupta | CFO |
| Aditya Ghosh | Executive Director |
| Ritesh Agarwal | Chairman & CEO |
Oravel Stays Limited is the parent company associated with OYO, a technology-driven hospitality platform that connects travellers with hotels and vacation homes. The company operates through a network of hospitality brands and technology-enabled services. Investors researching OYO unlisted shares should review the company's financial performance, business model and latest corporate disclosures before investing.
The OYO unlisted share price refers to the indicative price at which Oravel Stays Limited shares may be available in the unlisted market. Prices can fluctuate depending on demand, supply, available quantity and transaction terms. Contact PRESTAKE to enquire about the latest indicative OYO share price and availability, subject to verification.
You can contact PRESTAKE to enquire about purchasing Oravel Stays Limited unlisted shares. Before proceeding, confirm the indicative share price, available quantity, applicable charges, documentation and share-transfer process. Transactions are subject to availability, due diligence and applicable regulations.
Investing in OYO unlisted shares involves risks such as limited liquidity, valuation uncertainty, competition in the hospitality industry, debt obligations and changes in travel demand. There is no guarantee of investment returns, a future public listing or an exit opportunity. Investors should conduct independent research and assess their risk tolerance before investing.