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.
What happened
OYO (Oravel Stays) · 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
Key facts
- Rs 11,600 crore total
- Rs 8,430 crore OYO IPO
- Rs 7,000 crore fresh
- Rs 1,500 crore OFS
- Rs 3,000 crore Truhome
- Rs 250 crore Veegaland
Why this matters
OYO's Rs 7,000 cr fresh raise plus Rs 1,500 cr OFS resets valuation anchors for hospitality M&A and accelerates exit-window planning for sponsors in adjacent consumer platforms.