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Oravel Stays

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Delhi HC stays Rs 1,140 crore angel tax demand against Oyo

The Delhi high court on Friday stayed a Rs 1,140 crore angel tax demand raised by the Income Tax department from hospitality and hotel aggregator Oyo’s parent company Oravel Stays Private Limited......

Why IPO-bound OYO seeks to rename parent firm

OYO founder Ritesh Agarwal has invited name suggestions for its parent firm Oravel Stays, in a strategic move as the global travel tech platform prepares to launch its IPO and looks to have more......

Tribunal stays Rs 169 cr penalty on Oyo

The National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed a Rs 169 crore penalty imposed on Oravel Stays Ltd by the competition commission of India (CCI). Oravel Stays Ltd operates......

OYO to file for up to $1.2 bn-IPO next week

Hospitality firm OYO is planning to raise up to $1.2 billion (around Rs 8,000 crore) through an initial public offering and is expected to file the draft red herring prospectus with Sebi next week,......

IPO-bound Oyo eyes Rs 100 crore PAT in Q4, 20% revenue growth in FY24

Oravel Stays, the parent company behind the travel tech brand Oyo, is eyeing to clock Rs 100 crore in Q4FY24 profit after tax (PAT) and a 20 per cent revenue growth for FY24, according to informed......

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