IPO-bound Oyo to consider 1:1 bonus issue; unlisted shares rise 25% in 1 month

Oravel Stays Ltd (Oyo), gearing up for its IPO, has revealed that its board will deliberate on issuing bonus shares at a ratio of 1:1. This announcement comes as the company's unlisted shares have experienced a significant surge of 25% over the last month. Shareholders recorded by September 30, 2025, will qualify for these bonus shares.