The Indian real estate sector has seen tremendous growth in recent years and it’s not surprising that the middle class is looking to invest in it. The sector has a lot of potential that is yet to be realised.
OYO Rooms is one such company with a lot of potentials. A lot of people have been asking how they can purchase OYO rooms shares. While there is no way to purchase shares directly, you can invest in OYO rooms through a mutual fund where you can find out the OYO share price in India.
Many people want to know whether they should invest in OYO shares or not and what is OYO share price India. Let’s first understand the company. OYO is a hotel aggregator. Hotels need rooms to be occupied, and OYO serves as a platform for them to fill their empty rooms.
All About OYO
OYO is India’s largest branded network of hotels, offering the widest inventory of hotels, along with the best locations and a highly personalized experience at the most affordable price. With more than 12,000 hotels across 100+ cities in India, OYO is a pioneering homegrown hospitality brand.
The network was founded in 2013 by Ritesh Agarwal, who, as a 22-year-old, became the youngest entrepreneur to receive the prestigious Thiel Fellowship, awarded to only 20 entrepreneurs across the world.
Ritesh has been featured in the Forbes 30 Under 30 Asia 2017 List and the Forbes Asia “30 Under 30” list of 2017. In 2017, OYO became the first Indian startup to be accepted into the prestigious Y Combinator Fellowship Program, run by Y Combinator, Silicon Valley’s most successful startup incubator.
OYO has been listed as the ‘Hottest Startup’ by the Wall Street Journal, which called the company a ‘disruptor’ in the hotel industry.
How to Buy OYO Shares
Many people are also looking for information on how to buy OYO shares. The company is not listed on any stock markets, so the only way to purchase shares is by buying them directly from the company.
It is possible to buy OYO shares directly from the company, and its website, states that it will consider the applications of people who wish to buy shares. OYO shares represent a company on the share market. They’re also known as OYO stocks. Many people trade OYO shares, and the stock market is where you can buy and sell them.
You can buy OYO shares from stockbrokers, and you can sell your OYO shares on the stock market. If you’re planning to buy OYO shares, you should check out the stock market.
However, it is important to note that the company only accepts applications from investors who can demonstrate that they have a net worth of more than $2 million or annual earnings of more than $200,000.
The company also states that it can take up to six months to process the application and that it will only issue details of the application to the applicant. OYO shares are only available to investors who are not residents of India.
OYO has tied up with around 45,000 hotels to provide stay options for customers and is growing at around 20% monthly. OYO has been running its business since 2014, and it has a market cap of $1.7 Billion.
