Your concerns about whether the IPO attempt for the third time will increase the unlisted OYO share price ends here. The earlier two attempts for the IPO in 2021 and 2023 were unsuccessful for a few reasons, bringing down the OYO room’s share price. But from the low of around Rs. 40 in June 2024, there is a steep rise to around Rs. 60 now. The significant reason is the positive PAT or profit after tax reporting for the first time for the financial year ending 2024. Also, with experts confirming the expansion of the hospitality business of OYO in the US to start a new property to rent every three days, the PAT is to increase further to over Rs. 700 crores for FY 25. Hence, the hopes of the third IPO attempt in 2025 and a steep rise to surpass its all-time high of over Rs. One hundred will be reached in 2021.
So, check out why the third IPO attempt will increase the unlisted OYO share price in 2025 and beyond, yielding high returns for your investments.
Why will OYO’s share price rise in 2025?
Accommodation is one of the significant expenses for people travelling near and far for leisure or pleasure. Here, the multinational OYO rooms run by Ritesh Agarwal from 2012 play a pivotal part in offering inexpensive accommodation with all facilities in many countries. Softbank is one of the earliest and most prominent investors to have a significant stake in Oravel Stays, which owns the OYO Rooms, also known as OYO Hotels and Homes. In 2021, OYO tried to create an IPO or initial public offering, but this failed for many reasons. Also, in March 2023, the second attempt was unable to bring down the OYO room’s share price in the grey market; also, OYO, increasing its revenue, saw continuous losses reflected in the negative PAT or profit after tax. But in the first quarter of 2024, it showed a spectacular PAT of Rs. 152 crores. And the final PAT for the financial year ending in 2024 was Rs. 229 crore for the first time. Also, experts confirm that it could increase to over Rs. 700 crores in the financial year ending 2025. Because of the rapid funding from many sources, including thousands of crores of rupees, it has expanded its operations in many countries, including the US.
The above facts will end your concerns about the coming IPO for the third time, which will raise the OYO share price in 2025 and yield high returns for your investments made through the top broker.
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