SEBI returns OYO’s draft IPO papers

SEBI returns OYO’s draft IPO papers, 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. The move might delay the Gurugram-based hospitality unicorn’s initial public offering (IPO). Join Our Instagram Channel OYO filed preliminary documents with the Securities and Exchange Board of India (Sebi) in September 2021 for a Rs 8,430 crore IPO. The proposed offering consists of a…

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