The OYO unlisted shares price has become one of the most searched data points among Indian pre-IPO investors in 2026, as Oravel Stays Limited — the parent company of the OYO hospitality brand — moves closer to a long-awaited stock market listing. After more than four years of delays, withdrawn filings, and a sharp valuation reset, the OYO unlisted share price now reflects a business that has turned profitable at the operating level for the first time in its history.
This guide breaks down the current OYO unlisted shares price, its historical trend, the company’s financials, the latest IPO developments, and everything a retail investor needs to know before buying or selling OYO pre-IPO shares in the grey market.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Unlisted share prices are indicative, trade over-the-counter (OTC), and are not discovered on a stock exchange. Please consult a SEBI-registered investment advisor before making any investment decision.
What Is the Current OYO Unlisted Share Price?
As of early August 2026, the OYO unlisted shares price is trading in a broad range of approximately ₹22 to ₹28 per share, depending on the dealer, deal size, and settlement terms. Different unlisted share platforms quote slightly different rates because OYO shares trade in a decentralized, dealer-driven OTC market rather than on an exchange order book.
OYO Unlisted Share Price Today — Key Metrics at a Glance
| Metric | Detail |
|---|---|
| Company (Listing Entity) | Oravel Stays Limited / PRISM |
| Brand | OYO Hotels and Homes |
| Indicative OYO unlisted share price | ₹22 – ₹28 per share |
| Face Value | ₹1 per share |
| 52-Week High | ₹55.00 |
| 52-Week Low | ₹21.00 – ₹23.00 |
| Lot Size (typical) | 500 – 2,500 shares (varies by dealer) |
| ISIN | INE561T01021 |
| Depository | NSDL & CDSL |
| Approximate Market Cap | ₹33,000 – ₹36,000 crore (at prevailing OYO unlisted shares price) |
52-Week High and Low of OYO Unlisted Shares
The 52-week high for OYO’s unlisted share price stands near ₹55, while the 52-week low has been recorded around ₹21–23. This wide band shows just how much the OYO unlisted shares price has corrected over the past year, driven largely by shifting sentiment around the timing of the company’s IPO and broader caution in India’s unlisted share market.
Because the OYO share price today is set privately between buyers and sellers, treat every quote as indicative rather than a firm, exchange-verified price. Always confirm the live rate with your dealer before transacting, since the OYO unlisted shares price can move meaningfully within the same week.
OYO Unlisted Shares Price Trend and Historical Movement
Understanding how the OYO unlisted share price has moved over time helps put the current quote in context.
6-Month Price Trend
Over the trailing six months to August 2026, the OYO unlisted shares price has declined by roughly 9% to 13%, slipping from levels near ₹27–28 toward the current ₹22–24 range. This downward drift reflects a mix of profit-booking by early unlisted-market investors and a broader valuation reset ahead of the IPO price band announcement.
1-Year Price Movement of OYO Pre-IPO Shares
On a one-year basis, the OYO unlisted share price has fallen from its 52-week high of ₹55 to the current ₹22–28 band — a decline of over 50%. This is a significant repricing and mirrors what happened across several other pre-IPO hospitality and consumer internet names as the unlisted market recalibrated valuations to more conservative, profitability-linked multiples.
Why Has the OYO Unlisted Share Price Fallen From Its Peak?
Several factors explain the correction in the OYO unlisted shares price:
- Repeated IPO delays. OYO’s IPO journey has stretched across three attempts since 2021, and each delay added uncertainty that weighed on the OYO unlisted share price.
- Valuation reset. The company’s IPO is now anchored around a $3–4 billion valuation, a steep markdown from the $9 billion figure targeted in its original 2021 filing — and the unlisted market has priced this reset in ahead of the formal listing.
- Grey market supply. As more early employees and small investors look to exit before listing, added supply of OYO unlisted shares has put downward pressure on price.
- General unlisted-market caution. Broader risk-off sentiment in India’s pre-IPO/unlisted shares segment has affected pricing across most actively traded unlisted stocks, not just OYO.
About Oravel Stays Limited (OYO) — Company Overview
To understand what drives the OYO unlisted shares price, it helps to understand the underlying business.
Oravel Stays Limited, which operates under the OYO brand and has recently been associated with the entity name PRISM for its IPO filings, is a global hospitality technology platform. The company was incorporated in 2012 and is headquartered in Gujarat, with its registered office in Ahmedabad.
Business Model of OYO Hotels and Homes
OYO’s core business connects independent hotel and home owners (“patrons”) with travelers through a technology-driven booking platform, converting unbranded and underutilized hospitality inventory into standardized, digitally enabled storefronts. This asset-light franchise-style model is central to how analysts value OYO unlisted shares, since it drives higher-margin revenue compared with owning real estate directly.
Leadership and Promoters
- Ritesh Agarwal — Founder, Chairman and CEO
- RA Hospitality Holdings (Cayman) — Promoter entity linked to Ritesh Agarwal
- SVF India Holdings (Cayman) Limited — SoftBank’s investment vehicle, historically one of the largest shareholders in Oravel Stays
Other notable investors on the cap table include Microsoft, Airbnb, Lightspeed, Peak XV Partners, Khazanah Nasional, and Greenoaks Capital — a roster that lends institutional credibility to the OYO unlisted shares price discovery process.
Global Footprint and Storefront Numbers
As of December 2025, OYO’s network included over 24,300 hotel storefronts, more than 124,600 home storefronts, and roughly 144,600 total listing storefronts spread across 35+ countries and 500+ cities, operating under a portfolio of 43 brands. This scale is one of the key reference points unlisted-share dealers cite when justifying the current OYO unlisted share price.
Factors That Influence OYO Unlisted Shares Price
The OYO unlisted shares price is shaped by a combination of company-specific and market-wide factors.
Financial Performance and Profitability
Improving profitability is the single biggest driver behind recent movements in the OYO unlisted share price. As the company has shifted from cash-burning growth to disciplined, EBITDA-positive operations, dealers have repriced OYO unlisted shares to reflect a more sustainable earnings profile.
Upcoming IPO and Regulatory Approvals
Every SEBI milestone — from DRHP filings to formal approval — has historically triggered a re-rating in the OYO unlisted shares price. With SEBI clearance now secured, the OYO unlisted share price is increasingly anchored to the expected IPO valuation rather than pure grey-market speculation.
Demand-Supply Dynamics in the Grey Market
Because there is no central exchange for OYO unlisted shares, price discovery happens dealer-by-dealer based on available inventory, buyer appetite, and lot-size negotiations. A sudden influx of sellers looking to exit before the IPO lock-in period can push the OYO unlisted shares price down in the short term, even if the underlying business fundamentals are improving.
Broader Startup and Unlisted Market Sentiment
The OYO unlisted share price also moves in sympathy with sentiment across India’s broader pre-IPO ecosystem. When investor appetite for other unlisted shares and upcoming new-age tech IPOs cools, it tends to soften demand for OYO unlisted shares too, and vice versa.
OYO Financial Snapshot: Revenue, EBITDA and Profitability
A closer look at OYO’s recent financial performance explains why the OYO unlisted shares price has stabilized after years of decline.
FY24 Performance
OYO recorded its first-ever annual net profit in FY24, at approximately ₹229.5 crore, alongside EBITDA of roughly ₹860–1,132 crore. The company also executed a $195 million debt buyback, repurchasing about 30% of its outstanding Term Loan B, which helped cut its effective interest cost and supported a stronger balance sheet — a development that unlisted-share dealers frequently cite when discussing the OYO unlisted shares price today.
FY25 Performance
In FY25, OYO’s consolidated revenue grew roughly 13–14% year-on-year to approximately ₹5,600–6,300 crore, with the company posting its tenth consecutive EBITDA-positive quarter. This sustained operating turnaround is the primary fundamental anchor behind the current OYO unlisted share price and the IPO valuation range being discussed by bankers.
Debt Position and Refinancing
OYO refinanced its balance sheet through an $830 million Term Loan B maturing in 2029, and part of the fresh IPO proceeds are earmarked specifically for further debt reduction. A large chunk of net proceeds — roughly 75%, or about ₹4,987.5 crore — is planned for investment into the company’s Singapore subsidiary to prepay a significant portion of the outstanding Term Loan B facility. This debt-reduction focus is a key reason analysts view the current OYO unlisted shares price as more fundamentally grounded than during the company’s earlier hypergrowth phase.
OYO IPO 2026 Update — What It Means for Unlisted Share Investors
The IPO is the single biggest catalyst for the OYO unlisted shares price, so it’s worth understanding exactly where things stand.
IPO Size, Structure and Timeline
- Oravel Stays (via parent entity PRISM) is targeting an IPO of approximately ₹6,650 crore.
- The issue is structured as a 100% fresh issue of equity shares, with no Offer for Sale (OFS) component — meaning existing shareholders, including SoftBank and Ritesh Agarwal, will not sell shares as part of the public offering.
- SEBI granted its approval (observations letter) on the IPO in early June 2026, as part of a batch of five approved offerings.
- An Updated Draft Red Herring Prospectus (UDRHP-I) was filed with SEBI on June 30, 2026.
- Listing is broadly targeted for the second half of 2026, though the exact price band, bid dates, and listing date are yet to be finalized.
SEBI Approval Journey
OYO’s path to listing has been one of the longest in Indian startup history:
- September 2021 — First DRHP filed, seeking ₹8,430 crore at a $9 billion valuation.
- 2023–2024 — Filing withdrawn amid weak financials and market conditions; a smaller offer was refiled and withdrawn again.
- January 2026 — Confidential pre-filing route papers submitted to SEBI.
- June 2, 2026 — SEBI approval received for the IPO.
- June 30, 2026 — Updated DRHP publicly filed, opening a comment window ahead of the final RHP.
Each of these milestones has directly influenced the OYO unlisted shares price, since dealers and investors continuously reprice OYO unlisted shares in anticipation of the eventual listing valuation.
Use of IPO Proceeds
The bulk of the fresh issue proceeds are earmarked for prepaying OYO’s outstanding term loan through its Singapore subsidiary, with the remainder allocated to general corporate purposes. Because this is fundamentally a debt-reduction IPO, it is expected to strengthen OYO’s balance sheet post-listing — a factor that unlisted-share investors are already factoring into the current OYO unlisted share price.
Expected Valuation Range
Market estimates for OYO’s IPO valuation vary, generally clustering between $3 billion and $8 billion, a wide range reflecting the uncertainty that persists until the official price band is announced in the Red Herring Prospectus. This valuation range — well below the $9 billion originally sought in 2021 — is a central reason the OYO unlisted shares price has cooled from its earlier highs.
How to Buy OYO Unlisted Shares in India
If you’re looking to buy OYO unlisted shares, the process typically runs through a specialized unlisted-shares dealer or broker rather than a traditional stock exchange.
Step-by-Step Process to Purchase OYO Pre-IPO Shares
- Get a live quote. Contact an unlisted shares dealer to confirm the current OYO unlisted shares price and available quantity, since rates can differ between platforms.
- Complete KYC. Submit your KYC documents as required under SEBI regulations.
- Make the payment. Transfer funds via RTGS, NEFT, or IMPS from the bank account linked to your demat account (cash deposits are not accepted).
- Receive shares in your demat account. Once payment is confirmed, OYO unlisted shares are credited to your NSDL or CDSL demat account, typically within 24–48 hours.
Documents Required (KYC)
- PAN Card
- Client Master Report (CMR copy) from your demat/broking account
- Cancelled cheque (only if funds are transferred from a different bank account than the one linked to your demat account)
Minimum Lot Size and Investment Amount
Lot sizes for OYO unlisted shares vary by dealer, typically ranging from 500 to 2,500 shares. At a prevailing OYO unlisted shares price of roughly ₹22–28, this puts the minimum investment size at approximately ₹12,000 to ₹65,000, depending on the platform and lot size chosen — making OYO one of the more accessible large-brand unlisted shares available to Indian retail investors.
How to Sell OYO Unlisted Shares
Process for Selling OYO Pre-IPO Shares
Selling works in reverse: you confirm the dealer’s current buy-back rate for OYO unlisted shares, initiate a transfer of shares from your demat account via an off-market transfer, and receive payment once the shares are verified as received.
Settlement Timeline
Most dealers settle payment within 24 hours to T+2 days of receiving the shares in their demat account, though this can vary by platform and transaction size.
Taxation on OYO Unlisted Shares
Tax treatment is an important consideration for anyone tracking the OYO unlisted shares price with an eye toward investing.
Short-Term Capital Gains Tax
If OYO unlisted shares are held for less than 24 months, gains are treated as short-term capital gains and taxed as per your applicable income tax slab rate.
Long-Term Capital Gains Tax
If held for 24 months or more, gains qualify as long-term capital gains and are taxed at 12.5% without indexation benefit.
Tax Treatment After IPO Listing
Once OYO lists on the NSE/BSE following its IPO, standard listed-equity tax rules will apply going forward: 20% STCG for shares held under 12 months, and 12.5% LTCG on gains above ₹1.25 lakh for shares held beyond 12 months.
Risks of Investing in OYO Unlisted Shares
Before acting on any quoted OYO unlisted shares price, investors should weigh the following risks:
Price Volatility and Illiquidity Risk
Because OYO unlisted shares trade OTC rather than on an exchange, the bid-ask spread can be wide, and it may take time to find a counterparty at your desired OYO unlisted share price, especially for larger lot sizes.
Regulatory and Listing Timeline Risk
OYO has withdrawn its IPO twice before finally securing SEBI approval in 2026. Any further delay to the listing timeline, or changes to the offer structure, could affect the OYO unlisted shares price in the interim.
Valuation Reset Risk
The gap between various valuation estimates ($3–8 billion) highlights genuine uncertainty about where OYO will ultimately price its IPO. If the final price band comes in below current grey-market expectations, the OYO unlisted shares price held by existing investors could see further downward pressure.
OYO Unlisted Shares Price vs Other Popular Unlisted Stocks
| Company | Approx. Price Range (2026) | IPO Status |
|---|---|---|
| OYO (Oravel Stays / PRISM) | ₹22 – ₹28 | SEBI approved; UDRHP filed |
| NSE India | ₹2,000+ | Regulatory approval pending |
| Chennai Super Kings | ₹250 – ₹260 | No confirmed IPO timeline |
| Metropolitan Stock Exchange (MSEI) | Low single digits | No confirmed IPO timeline |
Note: Prices for comparison are indicative and sourced from unlisted-share dealer platforms; always verify live quotes before transacting.
Should You Invest in OYO Unlisted Shares? Bull and Bear Case
Bull Case for OYO Pre-IPO Shares
- OYO has achieved sustained EBITDA profitability and its first annual net profit, a meaningful operational turnaround.
- SEBI approval significantly de-risks the IPO timeline compared to the uncertainty of the past four years.
- A 100% fresh-issue structure with no OFS means the IPO proceeds go directly toward strengthening the balance sheet rather than allowing early investors to cash out at retail investors’ expense.
- Current OYO unlisted shares price levels are well below the 52-week high, potentially offering a lower entry point ahead of listing.
Bear Case / Cautionary Factors
- The valuation has been reset dramatically from $9 billion in 2021 to a $3–4 billion (or wider $3–8 billion) range now, reflecting genuine business challenges along the way.
- Net profitability remains thin at the consolidated level once debt-servicing costs are factored in.
- Unlisted shares carry liquidity and counterparty risk not present in exchange-traded stocks.
- OYO has withdrawn IPO plans twice before; the current timeline, while more credible, is not guaranteed.
Frequently Asked Questions on OYO Unlisted Shares Price
Q1. What is the current OYO unlisted shares price? As of early August 2026, the OYO unlisted share price is trading in an indicative range of roughly ₹22 to ₹28 per share, depending on the dealer and lot size.
Q2. What is the 52-week high and low of OYO unlisted shares? The 52-week high is around ₹55, and the 52-week low is around ₹21–23.
Q3. Is it safe to invest in OYO unlisted shares? Unlisted shares carry higher liquidity and counterparty risk than exchange-listed stocks. Only invest through verified, KYC-compliant dealers and treat any quoted OYO unlisted shares price as indicative.
Q4. When will OYO list on the stock exchange? OYO’s parent entity has received SEBI approval, and listing is broadly targeted for the second half of 2026, though the exact date depends on the final RHP and price band announcement.
Q5. What is the minimum investment to buy OYO unlisted shares? Depending on the dealer’s lot size (typically 500–2,500 shares) and the prevailing OYO unlisted shares price, minimum investment generally ranges from about ₹12,000 to ₹65,000.
Q6. What is OYO’s IPO size and valuation? OYO’s IPO is targeted at approximately ₹6,650 crore as a 100% fresh issue, with valuation estimates ranging broadly from $3 billion to $8 billion pending the official price band.
Q7. Is the OYO unlisted share price the same as the eventual IPO price? Not necessarily. The OYO unlisted shares price reflects current OTC market sentiment, while the IPO price band will be set separately by the company and its bankers based on the official valuation exercise, investor demand, and market conditions at the time of listing.
Conclusion
The OYO unlisted shares price today reflects a company in transition — from a cash-burning global hypergrowth story to a leaner, EBITDA-positive hospitality-tech platform preparing for its third and most credible attempt at a public listing. With SEBI approval secured, an updated DRHP filed, and improving financials, the OYO unlisted share price is increasingly being anchored to fundamentals rather than pure speculation.
That said, unlisted shares remain an OTC, illiquid asset class, and the OYO unlisted shares price can vary meaningfully across dealers. Anyone considering buying or selling OYO unlisted shares should verify live rates, complete proper KYC through a reputable platform, and consult a SEBI-registered advisor before investing — especially given the wide valuation range still being debated ahead of the final IPO price band.
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