Zostel Hostels and ZO Rooms parent company Zostel Hospitality Pvt. Ltd. has written to markets regulator Securities and Exchange Board of India (SEBI) requesting that it reject the draft prospectus filed by hospitality unicorn Oravel Stays Ltd, which controls OYO Hotels & Homes, and suspend the latter’s proposed initial public offering (IPO). You might also … Continue reading Zostel requests SEBI to reject OYO’s $1.2 billion IPO filing