Travelstack Tech, the parent company of FabHotels, received approval from market regulator SEBI for its IPO. The Goldman Sachs-backed firm filed its pre-IPO draft papers in 2025. The upcoming listing will comprise a fresh issue of ₹250 crore and an offer for sale of up to 2.68 crore shares. Motilal Oswal, IIFL Capital and Nuvama will manage the IPO.