{"id":6429,"date":"2022-01-14T19:16:23","date_gmt":"2022-01-14T13:46:23","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=6429"},"modified":"2022-05-24T10:59:47","modified_gmt":"2022-05-24T05:29:47","slug":"oyo-ipo-analysis-is-subscribing-to-the-tech-driven-hospitality-platform-a-good-idea","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/oyo-ipo-analysis-is-subscribing-to-the-tech-driven-hospitality-platform-a-good-idea\/","title":{"rendered":"OYO IPO Analysis- To Subscribe or Not?"},"content":{"rendered":"\n

This article is authored by Harsh Vora, a proprietary investor and day trader with more than 10 yrs of experience in financial markets. He is interviewed on ET NOW and his columns are published in national financial newspapers like Live Mint, Money Control, and Business Standard.<\/em><\/p>\n\n\n\n

The recent trend of the new-age technology companies including Nykaa<\/a>, Zomato<\/a>, Paytm<\/a>, Policy Bazaar<\/a> (and very soon OYO) getting listed in stock markets is symbolic. It signals a marked improvement in one of the rather uncomfortable contradictions we have been witnessing in recent Indian financial history. Over the past half a decade, the stock market<\/a> and the economy seemed to have decoupled. Even as the impact of the pandemic-induced restrictions seem to take away jobs and income, the stock market seemed to care less. The Nifty 50 index<\/a>, for instance, rose by almost 50% from the high touched in Jan 2020. i.e before the pandemic began.<\/p>\n\n\n\n

Many of us still struggle to come to terms with the stock market\u2019s continued bullishness. Well, there are multiple reasons that explain the disconnect, one of which is the fact that the stock market is forward-looking and that it discounts the next 20 yrs of earnings. A couple of years of the pandemic are unlikely to dent the market\u2019s long-term outlook.<\/p>\n\n\n\n

But equally convincing is the argument that a lot of new-age technology companies — say, in the food-delivery space, or shared mobility space, or e-commerce<\/a> segment \u2013 account for a bulk of employment and economic growth. This growth, however, is not reflected in the stock market<\/a> fully as many such companies still remain unlisted. To be sure, this is now changing. As already mentioned, we have seen a slew of new-age tech companies being listed. One such promising new-age company that\u2019s launching its IPO<\/a> soon is OYO (officially known as Oravel Stays).<\/p>\n\n\n\n

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