SEBI clears 5 IPOs worth Rs 11,600 cr; OYO's Rs 8,430 cr issue leads pipeline
SEBI approved five IPOs totaling over Rs 11,600 crore, headlined by OYO parent Oravel Stays' Rs 8,430 crore offer (Rs 7,000 cr fresh + Rs 1,500 cr OFS) and Truhome Finance's Rs 3,000 crore issue. Veegaland Developers, Mehta Hitech and Advanta Enterprises round out a listing slate spanning hospitality, consumer finance and regional real estate.
SEBI cleared five IPOs totaling over Rs 11,600 crore, headlined by OYO parent Oravel Stays' Rs 8,430 crore issue and Truhome Finance's Rs 3,000 crore offer, signaling a hospitality and consumer-finance listing pipeline relevant to India's retail capital markets.