Travel tech firm Travelstack Tech, the parent company of budget hotel chain FabHotels, has filed its draft red herring prospectus (DRHP) with SEBI to raise funds through an initial public offering (IPO). According to the DRHP, the proposed IPO will comprise a fresh issue of equity shares worth up to ₹250 crore and an offer-for-sale … Continue reading FabHotels Parent Travelstack Files DRHP for IPO; Fresh Issue Set at ₹250 Crore