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OYO Parent Prism Files Updated IPO Papers for Rs 6,650 Crore Issue: Key Details
Prism, the parent company of OYO, has filed updated draft IPO papers with Sebi for a Rs 6,650 crore fresh issue, with no offer-for-sale. The company may also undertake a pre-IPO placement of up to Rs 1,330 crore. Proceeds will primarily repay borrowings, while improved financials and a rating upgrade support the offering.
Jul 8, 2026 3 sources