News > OYO to file Rs 8,430 crore IPO soon; gets listing nod from BSE, NSE

OYO to file Rs 8,430 crore IPO soon; gets listing nod from BSE, NSE

Firstpost | 25/01/2022 05:05 PM | Click to read full article

Oravel Stays Limited, the parent company of travel-tech firm OYO, has received in-principle approval from BSE and NSE to list on the respective bourses, sources said.

OYO has filed preliminary documents for an Rs 8,430 crore initial public offering (IPO). The offering will consist 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.