Indian regulator asks hospitality unicorn OYO to refile draft IPO papers

Indian regulator asks hospitality unicorn OYO to refile draft IPO papers

Oyo Rooms in Bangalore. Photo: Booking.com

Oravel Stays Ltd, the parent company of Indian hospitality unicorn OYO, has been asked to refile its draft red herring prospectus (DRHP), and incorporate certain updates before it can go ahead with its initial share sale plans.

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