BREAKING NEWS
Congress’ guarantees implemented in Karnataka amid BJP’s false propaganda: Shivakumar
Followers of Sanatan Dharma will respond to those disrespecting it: Pawan Kalyan
Pushpa bows down to no one, but will do so for you: Allu Arjun to fans at ‘Pushpa 2’ trailer launch
Sudha Murty praises son-in-law Rishi Sunak’s ‘good Indian cultural values’
Magnus Magic in Kolkata: Carlsen completes double in style
Sitharaman responds to X user seeking relief for middle class
Only ineligible BPL cards will be weeded out, no impact on eligible cardholders: K’taka CM
‘Kantara: Chapter 1’ to release on October 2, 2025
Kailash Gahlot resigns as Delhi Transport minister, quits AAP
Illegal Goa liquor seized in Bola village: One arrested
Cong leaders condemn Minister Zameer Khan’s comment on HDK’s skin tone
National award-winning child actor Master Rohit injured in road accident
Railways detain connecting train for Mumbai’s ‘baraat’ party to reach Guwahati
India successfully test-fires long-range hypersonic missile; Rajnath describes it as ‘historic’
Bengaluru: Man beats teen son to death for pestering him to get smart phone repaired
OYO seeks Sebi nod for Rs 8,430-crore IPO
Team Udayavani, Oct 1, 2021, 12:33 PM IST
Hospitality firm OYO has filed preliminary papers with capital market regulator Securities and Exchange Board of India (Sebi) to raise Rs 8,430 crore through an initial share-sale.
The initial public offer (IPO) comprises fresh issue of equity shares aggregating up to Rs 7,000 crore and offer for sale to the tune of Rs 1,430 crore, the draft red herring prospectus filed with Sebi showed on Thursday.
Proceeds from the issue would be used towards funding prepayment or repayment, in part, of certain borrowings availed by our subsidiaries amounting to Rs 2,441 crore, and funding company’s organic and inorganic growth initiatives amounting to Rs 2,900 crore, and balance towards general corporate purpose, it added.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Sitharaman responds to X user seeking relief for middle class
Failure to disclose foreign assets, income to invite Rs 10L penalty: I-T dept
CBDT launches campaign to intimate taxpayers on undeclared foreign assets in ITR
Indian economy well placed to handle any kind of spillovers from global events: RBI Guv
Credifin Limited (previously PHF Leasing Limited) announces Q2 results for FY 2024-2025
MUST WATCH
Latest Additions
Congress’ guarantees implemented in Karnataka amid BJP’s false propaganda: Shivakumar
Followers of Sanatan Dharma will respond to those disrespecting it: Pawan Kalyan
Pushpa bows down to no one, but will do so for you: Allu Arjun to fans at ‘Pushpa 2’ trailer launch
Priyanka Gandhi leads roadshow in Nagpur
Sport teaches values beyond competition: Srihari Nataraj
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.