Sebi returns OYO’s draft IPO papers, asks to refile with certain updates

  • The capital markets regulator returned the travel-tech firm’s draft red herring prospectus on 30 December last year and has asked the company to refile it with applicable updates/ revisions, as per an update with Sebi’s website today.
  • The markets regulator had given OYO the permission to submit updated financials before it examined and processed the company’s application for IPO.
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