SoftBank-Backed Oyo said to weigh 50% smaller IPO as markets sag

Faced with headwinds including slumping stock markets, Oyo-operator Oravel Stays Ltd. could clip its Indian IPO from the nearly $1 billion initially sought to half that, the people said, declining to be identified discussing internal matters.

from Moneycontrol Business News https://ift.tt/aybezVn