Oyo (Oravel Stays Limited) is a leading, new-age technology platform empowering the large yet highly fragmented global hospitality ecosystem. It has focused on reshaping the short-stay accommodation space since its incorporation in 2012 and has developed a unique two-sided technology platform focused on addressing key pain points of their Patrons (being the owners, lessors, and/or operators of storefronts listed on their platform) on the supply side and their customers (being travelers and guests who book accommodations at their Patrons’ storefronts through their platform) on the demand side.

Their business model helps their Patrons transform fragmented, unbranded, and underutilized hospitality assets into branded, digitally-enabled storefronts with higher revenue generation potential and provides their customers with access to a broad range of high-quality storefronts at compelling price points.

As of March 31, 2021, Oyo had 157,344 storefronts across more than 35 countries listed on their platform. Oyo has the largest footprint (in terms of hotel storefronts) in its key markets of India & SEA and the second-largest footprint in Europe (in terms of homes storefronts) among full stack short-stay accommodation players as of September 9, 2021.

The entire public offer of Oyo comprises a fresh issue of equity shares aggregating up to Rs. 7,000 crores and an offer for sale of equity shares aggregating up to Rs. 1,430 crores from selling shareholders, SVF India Holdings Limited, A1 Holdings Inc. amongst others.

Key Highlights:

• Oyo has 157K+ storefronts across 35 countries - Largest footprint in terms of hotel storefronts in India and SEA, second largest footprint in Europe in terms of home storefronts
• The Oyo Customer app has over 100 million downloads as of March 31, 2021; third most downloaded travel mobile app globally with and most downloaded in Asia, in 2020 (as per Sensor Tower)
• 77.8% of our demand globally (excluding TUI home storefronts) was generated from repeat and new organic demand on our D2C channels during Fiscal 2021
• 90.3% of our demand in India was generated from repeat and new organic demand on our D2C channels during Fiscal 2021.
• Oyo Wizard had 9.2mn members as of March 31, 2021- making it one of the largest loyalty programs run by leading travel or food brands in India, and the largest among online hotel or food brands in India, based on the number of members as of March 31, 2021, according to RedSeer.
• As of March 31, 2021, 99.9% of the storefronts on our platform do not have fixed payout commitments or minimum guarantees
• Adjusted Gross Profit Margin improved from 9.7% in Fiscal 2020 to 33.2% in Fiscal 2021
• ~78.9% reduction in Adjusted EBITDA losses from FY20 to FY 21

Financial Snapshot

Financial Year Ended	GBV (₹ Crores)	Adj. Gross Profit (₹ crores) / % GBV	Adj. EBITDA (₹ crores)
March 2019	7415.18	575.41	-2236.29
March 2020	20088.37	1277.18	-8277.27
March 2021	6638.89	1313.68	-1744.72

How do I apply to the OYO (Oravel Stays Limited) IPO?

You can apply for the OYO (Oravel Stays Limited) IPO using any supported UPI app by following two steps:

• Enter your bid on Console
• Accept UPI mandate on your phone

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