Oravel Stays Ltd.
BSETBA
TBA
1 Shares
TBA
₹1
Financial Summary
| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 62,528.3 | 53,887.89 | |
| 730.58 | 1,527.96 | |
| 63,258.88 | 55,415.85 | |
| 52,168 | 46,816.18 | |
| -4,893.17 | 2,358.2 | |
| 2,448.22 | 2,295.79 |
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Investment in our Subsidiary, Oravel Stays Singapore Pte. Ltd. for repayment/prepayment | 49,875 |
Book Running Lead Managers
About the Company
Our Company primarily operates a technology-driven hospitality platform that connects Patrons (being theowners, lessors and/or operators of storefronts available on our platform) with Customers (being leisure travelers,corporate customers and other guests who book accommodations at our Patrons’ storefronts through our platform)seeking short-stay accommodation. We provide technology, branding and operational enablement services thatallow Patrons to list and distribute their storefronts through our platform and access integrated tools for dynamicpricing, revenue management, content management, customer support and supply performance monitoring. ForCustomers, we offer choices across a broad range of quality storefronts at compelling price points, value formoney through consistent, trustworthy experiences, and convenience through our seamless digital platformcovering discovery, booking and end-to-end customer support.
Use of Proceeds
1. Investment in our Subsidiary, Oravel Stays Singapore Pte. Ltd for repayment/prepayment, in part or full, of certain of its borrowings; and2. General corporate purposes.
Oravel Stays Ltd. Latest News
IPO FAQs
The for the Oravel Stays Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.
Oravel Stays Ltd. IPO shares are proposed to be listed on BSE.
Each Oravel Stays Ltd. share has a of ₹1.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
- 1.Investment in our Subsidiary, Oravel Stays Singapore Pte. Ltd for repayment/prepayment, in part or full, of certain of its borrowings
- 2.General corporate purposes
Axis Capital Ltd., Goldman Sachs (India) Securities Pvt Ltd, ICICI Securities Ltd, Incred Capital Wealth Portfolio Managers Pvt Ltd., Intensive Fiscal Services Pvt Ltd, JM Financial Ltd. and SBI Capital Markets Ltd are the for the Oravel Stays Ltd. IPO.
Pre-apply means placing your Oravel Stays Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Oravel Stays Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Oravel Stays Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.