Tag: OYO

OYO’s parent company, Prism, has initiated plans for an initial public offering (IPO) via the confidential route, aiming to raise up to Rs 6,650 crore.

The filing with the Securities and Exchange Board of India (SEBI) follows shareholder approval at an extraordinary general meeting in December 2025. Prism’s IPO could value the hospitality‑tech firm at $7–8 billion, reflecting strong market confidence.

This move revives its earlier listing plans that were put on hold due to market conditions. SEBI’s review of the draft red herring prospectus is now underway.

OYO’s parent company, Prism, has received shareholder approval to raise ₹6,650 crore through an initial public offering (IPO).

The approval came during an Extraordinary General Meeting (EGM) held on December 20, 2025, where shareholders also cleared a bonus share issue.

The IPO is now set to move forward, pending regulatory approvals and market conditions. Prism aims to use the funds to strengthen its balance sheet and support growth initiatives.

Analysts say the listing could be a milestone for the company as it expands its hospitality and technology offerings.