OYO Parent Oravel Stays Receives SEBI Approval for Landmark IPO
Oravel Stays Limited, the parent company of hospitality giant OYO, has officially received approval from the Securities and Exchange Board of India (SEBI) to proceed with its highly anticipated initial public offering (IPO). The company plans to raise approximately ₹6,650 crore through this public issue, with management targeting a post-listing valuation between $7 billion and…