SEBI Clears Five IPOs: Oyo Parent Oravel Stays Leads With Rs 6,650 Cr Issue

Markets regulator SEBI greenlit five public offerings including Oyo parent Oravel Stays (Rs 6,650 crore at $7-8B valuation), Truhome Finance (Rs 3,000 crore), UPL-backed Advanta Enterprises, Kerala's Veegaland Developers, and Mehta Hitech Industries.

— Filed Fri, 5 Jun, 2026, 18:58 IST · Source NDTV Profit · Updated

SEBI approved five IPOs including Oyo parent Oravel Stays (Rs 6,650 crore, $7-8B valuation), Truhome Finance (Rs 3,000 crore), UPL-backed Advanta Enterprises, Kerala realty player Veegaland Developers, and Mehta Hitech Industries.