Oravel Stays Pvt. Ltd, which manages hospitality startup Oyo Hotels and Homes, aims to reduce the size of its initial public offering after its investors withdrew their intentions to sell their stakes through an offer for sale.

Oravel Stays Pvt. Ltd, which manages hospitality startup Oyo Hotels and Homes, aims to reduce the size of its initial public offering.

Oyo investors' opposition to stock dilution might reduce the size of the IPO.

Oravel Stays Pvt. Ltd, which manages hospitality startup Oyo Hotels and Homes, aims to reduce the size of its initial public offering after its investors withdrew their intentions to sell their stakes through an offer for sale.