OYO public issue likely to be delayed by another quarter
OYO public issue likely to be delayed by another quarter, Hospitality chain Oyo’s initial public offering (IPO) is likely to be delayed by three months as India’s capital markets regulator has asked the Ritesh Agarwal-promoted startup to update its draft IPO papers, The Economic Times has reported. Oravel Stays (Oyo) has been requested by the Securities and Exchange Board of India (Sebi) to update risk factors, its key performance indicators (KPIs), pending lawsuits, and the basis…