Nuvama Wealth buys ₹100 cr OYO shares via secondary mkt
Hindustan Times Patna|December 14, 2024
THE SHARE SALE AT ₹53 APIECE TRANSLATES TO A VALUATION OF $4.6 BILLION FOR THE TRAVEL TECH UNICORN
Press Trust of India

NEW DELHI: Nuvama Wealth and Investment Ltd has acquired shares worth ₹100 crore in OYO's parent firm Oravel Stays Ltd at ₹53 per share on behalf of its investors, a clutch of family offices, through a secondary market transaction, People aware about the development said.

The share sale at ₹53 apiece translates to a valuation of $4.6 billion for the travel tech unicorn.

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