2 Min(s) Read
By PTI Jan 18, 2023 11:10:14 AM IST (Updated)
OYO filed preliminary documents with the Securities and Exchange Board of India (SEBI) in September 2021 for Rs 8,430 crore IPO. The proposed offering consists of a fresh issue of shares of up to Rs 7,000 crore and an offer-for-sale of as much as Rs 1,430 crore.
Capital markets regulator SEBI has asked Oravel Stays Ltd, the parent company of travel-tech firm OYO, to refile the draft IPO papers with certain updates.
Live Tv
Loading...
The move might delay the Gurugram-based hospitality unicorn’s initial public offering (IPO).
OYO filed preliminary documents with the Securities and Exchange Board of India (SEBI) in September 2021 for Rs 8,430 crore IPO.