Your search for the best-unlisted share OYO Rooms ends here. You should thank your luck for coming to the right place to check out all the details about OYO or Hotels & Homes. In less than 15 years, OYO started as an Indian multinational hospitality chain. It has around 50,000 properties and over one million rooms in over 800 cities in over 80 countries. Also, with OYO soon coming out with an IPO to list in the exchanges, it is one of the best unlisted, ESOP, and pre-IPO shares to give high returns.
So, continue reading the blog for less than three minutes to become richer by buying the best unlisted OYO share with less downward risk and sooner than later because of its vast expansion plans and lower price from its peaks to cross them again.
What is OYO Rooms?
Hospitality is one of the evergreen sectors worldwide, worth hundreds of billions, and it serves billions of people annually. Internet explosion and social media reach to almost most people worldwide have also increased the hospitality industry’s need and revenue. OYO is one of the Indian pioneers to tap the hospitality industry’s enormous potential to start operations in 2012. Eyeing its colossal potential, many top financial institutions like Soft Bank, Green Oaks Capital, Blackstone, and others invested huge amounts to expand its roots beyond India in top cities in the US, the UK and others. Also, many strategic collaborations with Airbnb and other top hospitality industry giants skyrocketed OYO Rooms’s revenue in the next decade.
What are the financials and revenue of Oravel Stays or OYO?
Ritesh Agarwal started Oravel Stays as a budget accommodation booking site in 2012 and was renamed OYO in 2013. It became one of the top hospitality business companies in India, headquartered in Gurgaon, with funding of over 100,000 dollars from the Pay Pal founder as early as 2012. Next, many top banks and financial institutions invested huge amounts in developing OYO Rooms to become one of the top unlisted shares worth around 10 billion dollars in 2022. Even OYO employees, through ESOP or Employees Stock Ownership Plan, invested over 330 million dollars, eyeing its vast potential. The revenues of OYO skyrocketed to over 5,000 crore rupees in recent years and raised its profits in 2024.
The above facts and the low unlisted share price of OYO Rooms, which is only one-third of its all-time high of around Rs. 150 and available for around Rs. 50, will not only end your search to know all about OYO but also make it a best buy from the top online platform with less risk and high returns even beyond your expectations.
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