Zostel asks SEBI to review Oyo parent's IPO filing over litigation disclosures

Zostel has petitioned SEBI to scrutinise Oravel Stays' updated IPO prospectus, alleging incomplete disclosure of a long-running legal dispute involving a 7% equity claim. The challenge could complicate Oyo's planned Rs 6,650 crore fresh-issue offering.

— Filed Wed, 8 Jul, 2026, 11:38 IST · Source Entrackr · Updated

Zostel has asked SEBI to review Oyo parent Oravel Stays' updated IPO prospectus, alleging incomplete disclosure of their long-running legal dispute over a 7% equity claim, potentially affecting Oyo's Rs 6,650 crore fresh-issue IPO.

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