The Indian startup ecosystem has grown into a vibrant center of innovation, disruption, and investment in the last 10 years. As more unicorns multiply, other investors are set on chasing unlisted shares — the stocks of companies that haven’t yet gone public. One of the most hyped players in this category is OYO (Oravel Stays Pvt. Ltd), a worldwide hospitality chain founded by Ritesh Agarwal. But how does OYO stack up against other unlisted startup stocks in terms of potential, performance and returns?
In this deep-dive brought to you by CoinDCX News, we benchmark OYO’s unlisted share price momentum, valuation and investors’ sentiment with those of other high-flying startup stocks in India’s bustling unlisted market.
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Understanding the Buzz Around Unlisted Startup Stocks
Before we look at the comparisons first let’s understand the concept of unlisted shares. They are shares of companies, which are not traded on NSE and BSE yet. You can acquire them via private transactions, ESOPs (employee stock ownership options) and platforms that deal in unlisted equities.
Why are investors interested?
- High-growth potential
- Early entry into future IPO stars
- Portfolio diversification
- Attractive valuations pre-IPO
But higher reward comes with higher risk, and one of the most common questions from investors is: What unlisted stock is worth the risk?
OYO Share Price Unlisted – Current Market Sentiment
Let’s start with the company everyone’s watching—OYO.
Company Overview
Founded in 2013, OYO quickly became one of the world’s largest hotel chains, driven by its low-cost, technology-led approach and rapid expansion in India and overseas. OYO, which was forced to grapple with pandemic-driven setbacks, has made a strong initial comeback, having restructured its operations, tapered cash burn, and secured a focus on profits.
OYO Share Price Unlisted – A Snapshot
- OYO Share Price Today (Unlisted): ₹38 – ₹45 per share (subject to demand-supply fluctuations)
- OYO Valuation (2024): Estimated between $6.5 to $7 billion
- IPO Plans: OYO filed for an IPO but deferred it amid volatile markets, expected to revisit the IPO in FY 2025-26.
These figures indicate OYO is now getting some momentum back, with its listed share price view gradually emerging as a heated discussion among pre-IPO investors.
Why OYO Share Price Is Back in Focus
1. IPO Anticipation
The anticipation of OYO going public boosts demand in the unlisted market. Early investors expect premium listing gains.
2. Financial Restructuring
OYO has trimmed losses, improved EBITDA margins, and exited loss-making markets—positively affecting the oyo share price unlisted levels.
3. Tech-Driven Hospitality
Its robust technology backend (AI-based pricing, self-check-in, and OTA integration) adds to its market appeal.
4. Strategic Partnerships
From Microsoft to Airbnb, OYO’s tie-ups with global brands add legitimacy and strengthen investor confidence.
OYO vs Other Unlisted Startup Shares
Let’s see how OYO stacks up against other leading startup stocks in the unlisted space:
Company | Sector | Unlisted Share Price (approx) | Revenue (FY24) | Profitability | IPO Plans |
OYO | Hospitality | ₹38–₹45 | ₹5,500+ Cr | Near Break-even | FY26 Expected |
boAt (Imagine Marketing) | Consumer Electronics | ₹750–₹850 | ₹3,400+ Cr | Profitable | FY25 Expected |
Pharmeasy | HealthTech | ₹12–₹18 | ₹5,200+ Cr | Loss-making | Delayed |
Mobikwik | FinTech | ₹95–₹105 | ₹900+ Cr | Profitable | FY25 Planned |
Lava | Mobile Hardware | ₹300–₹340 | ₹2,500+ Cr | Profitable | FY24-25 |
SBI Mutual Fund | Finance | ₹1,050+ | ₹1,500+ Cr PAT | Highly Profitable | IPO Soon |
Verdict:
OYO has most potential for scale and IPO, but investors might find more immediate profit visibility in players like boAt or Mobikwik. But OYO’s brand strength and global footprint provide long-term upside.
Is OYO Share Price Undervalued in the Unlisted Market?
With OYO at international presence and technology-first business model many believe the current oyo share price unlisted is undervalued.
Here’s why:
- Competitors like Marriott or Airbnb trade at much higher revenue multiples.
- OYO is nearing operational profitability.
- Post-pandemic travel rebound fuels OYO’s top-line growth.
- IPO prep activities (audits, governance, ESOP cleanup) are already in motion.
As per estimates from unlisted market experts, OYO’s IPO valuation could be around ₹60–₹70 per share, offering a 40–50% upside from the oyo share price today.
Risks of Investing in OYO Unlisted Shares

Before you jump in, consider these:
- Lack of liquidity – You can’t sell as easily as listed stocks.
- Regulatory delays in IPO filings.
- Market sentiment dependency – OYO’s valuation is closely tied to travel and tech sentiments.
- Execution risk – Managing global operations remains challenging.
Who Should Invest in OYO’s Unlisted Shares?
OYO’s unlisted shares may be suitable for:
- Long-term investors eyeing IPO listing gains
- Risk-tolerant investors seeking exposure to the hospitality-tech sector
- Portfolio diversifiers looking beyond traditional sectors
If you’re looking for short-term returns, OYO may not be your best bet. But for long-term believers, the oyo share price today could be a great entry point.
Future Outlook – OYO in 2025 and Beyond
By FY 2025, OYO aims to:
- Achieve consistent quarterly profitability
- Expand deeper in Tier 2 and Tier 3 cities
- Scale vacation rentals via OYO Homes
- Resume IPO process and unlock liquidity for early investors
If successful, all of this could significantly boost the oyo share price unlisted over the next 12–18 months.
Final Thoughts – OYO or Another Unlisted Stock?
The world of unlisted startups is a gold mine — if you know where to dig. OYO, with its global presence, comeback story, and imminent IPO, is an attractive option for high-risk investors.
But it isn’t a one-size-fits-all play. If you’re seeking faster returns or steadier cash flows, something like boAt or Mobikwik might be a better fit for you.
At CoinDCX News, we recommend you to do your own research, consult a qualified financial advisor, and invest in stocks and shares which match your risk profile and investment objectives.
Because in start-up land, it’s about timing — but it’s about belief.
FAQs About OYO Share Price and Unlisted Startup Stocks
What is the present OYO share price in unlisted market?
The oyo share price in the unlisted market today is between ₹38 and ₹45 per share, depending upon the seller and platform.
Where can I purchase OYO unlisted shares?
There are two ways for you to invest in OYO: you can buy OYO shares directly from the platforms trading in pre-IPO shares on margin or you can purchase OYO shares from private brokers who have ESOP deals.
Will be OYO a good investment in 2025?
As OYO’s financials improve and its IPO becomes more plausible, the start-up is a potential long-term bet, but there are some risks involved.
How OYO compares to other unlisted startups such as boAt or Mobikwik?
OYO has better global scale, but boAt and Mobikwik are closer to profitability and could list earlier.
When is OYO expected to IPO?
OYO’s IPO could be around FY 2025–26, or depending on market conditions and regulatory approval.
Will the shares of the OYO hike after the IPO?
Certainly, early investors usually make out well if the company lists at a premium, but it can also come down to market sentiment.
What are the factors, which are affecting the OYO share price at unlisted market?
Among the crucial factors are the latest in IPO news, financial reports, trends by sector and investor demand.
Is investing in OYO unlisted shares a risk?
Yes. All unlisted shares come with higher risk anyways, i.e. liquidity problem and non-availability of real time data. OYO also faces industry-specific risks.
I want to sell OYO shares before the IPO; can I?
Yes, but liquidity is limited. The vast majority of u listed platforms are in fact resale platforms, limited to when a buyer is or isn’t available and Are full KYC-ed accordingly.
What is the minimum investment on OYO unlisted shares?
The minimum investment is usually ₹20,000 to ₹50,000, depending on the platform or broker.