When will the IPO come out for OYO Rooms?
Your doubts about when the IPO will come out for OYO Rooms end here to increase your investment and yield high returns. OYO has been one of the most preferred pre-IPO shares for a while but yet to come out with an IPO or initial public offering. There were many reasons for its IPO not to come out in the past, like COVID, unfavourable market conditions, and others. However, with a recent market increase in 2024, which many experts expect to repeat in 2025, and for many other reasons, OYO Homes will soon list in the exchanges in India and even abroad to make you richer by increasing your investment. And that, too, will happen before the end of 2025, as per the predictions of many market gurus.
So, continue reading the blog until the end to find out when the OYO IPO will come, allowing you to buy more from the exchanges or book profits beyond your expectations.
Why was the OYO Rooms IPO delayed in the past?
As an investor, you may doubt the OYO Rooms IPO because of its failed attempts in the past few years. But you know that OYO is one of the pioneer Indian MNCs or multinational companies in the hospitality industry that has grown rapidly in the last decade since 2012. But the deadly coronavirus not only killed millions of people worldwide but also hit many industries. One of the topmost of them is the hospitality industry. OYO has a considerable presence with around 50,000 properties and over a million rooms in over 800 cities in 80 countries. Also, the market conditions were not favourable after the disaster pandemic and only recovered after a few years. Hence, because of the loss in profits and many ambitious acquisitions by OYO before the Covid 19, and with the damage it caused, it lost its revenue and valuation rapidly. Hence, the OYO Rooms’ unlisted share price nosedived from Rs. 145, an all-time high, to around Rs. 40, to now trade around Rs. 50.
When should we expect the OYO rooms, and why?
Having seen the many reasons for the delayed IPO of OYO Rooms, it is time to know when to expect it and the many reasons for it. OYO showed substantial net profits during FY 2024 and expects a strong FY 2025. Sources confirm that OYO has filed the DRHP or Direct Red Herring Prospectus with SEBI for an IPO of Rs. 8,430 crores. It is for coming out with fresh shares for Rs. 7,000 crores and an OFS or offer for sale for Rs. 1,430 crores. The registrar, Link Intime India Private Ltd, confirms that the IPO price band could be between 55 and 58. The GMP or grey market premium for the OYO unlisted share is 13, showing bullish sentiment.
The above facts will clear your doubts about the expected time of OYO Rooms IPO by the end of 2025 to fund its expansion plans to yield high returns. Stockify is a trusted platform for buying and selling top-performing unlisted shares in India. It offers expert guidance, real-time market insights, and secure transactions, making it easier for investors to diversify their portfolios. Whether you’re a seasoned investor or a beginner, Stockify simplifies unlisted share trading for maximum returns.
