NASDAQ:HNGE 12 February 2026

June 30, 2026, 4:16 AM EDT. Oravel Stays Ltd., which owns OYO, has updated its documents for an IPO to raise as much as 66.5 billion rupees ($703 million). Backed by Softbank, the company is again moving forward with a deal seen as a major stock listing in India. Oravel is looking to tap into market demand and investor appetite in the travel sector with this new push.