OYO IPO Price Band
OYO IPO price band is expected to be above Rs 55 to Rs 58 per share. However, the final price band is not yet released. The minimum amount of investment for the retail category is to be around Rs 14,800 and for small NII minimum investment is to be around Rs 2,01,000. The minimum investment for the Big NII is to be around Rs 10,01,000.
OYO IPO FAQ
1. What are the details of the OYO IPO?
OYO IPO is a book-built issue of Rs 8,430 crores. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh Issue is of Rs 7,000 crore and OFS is of Rs 1,430 crore.
2. When will the OYO IPO open and close?
OYO IPO open date and close date is expected to be in the first week of March 2025. However, as of now the open and close date is not yet finalised.
3. What is OYO IPO GMP?
OYO IPO GMP quotation is around Rs 13 per share. You can check the latest GMP price online and reliable GMP from the first day of subscription. If the subscription got oversubscribed then OYO IPO GMP might rise in the coming days.
4. What are the details of OYO IPO reservation?
OYO IPO subscription details will be available after the IPO opens in the first week of March 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.
5. Write the details of the IPO Allotment Status?
OYO IPO allotment status is expected to be finalised in the second week of March 2025. The listing will be on the BSE and NSE platforms in the second week of March 2025. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.
6. Who is the registrar and lead managers for OYO IPO?
OYO IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.
The lead managers are Kotak Mahindra Capital, JP Morgan India Private Limited, Citi Global, ICICI Securities, Nomura Financial, JM Financial and Deutsche Equities.
What is an IPO Price Band?
IPO price band is the price range of the upcoming IPO set by the issuing company after consulting investment banks handling the IPO. Within the price band, investors can bid for the shares during the IPO bidding time.
The IPO price band is set based on factors like market conditions, industry trends and company valuation. The IPO price bands include a floor price (minimum bid price) and a cap price (maximum bid price).
Investors submit the IPO bids within this IPO range during the IPO subscription period. The final issue price is determined through a process called book-building, where the company anticipates the investors demand. The IPO price band is important for investors and for ensuring a successful IPO launch.