OYO parent PRISM files for Rs 6,650 crore fresh-issue IPO, posts Rs 748 crore 9MFY26 profit
PRISM submitted UDRHP-I with SEBI for an all-fresh-issue IPO worth Rs 6,650 crore, with a Rs 1,330 crore pre-IPO placement and Rs 4,987.5 crore earmarked for debt repayment. The OYO parent reported Rs 6,941 crore revenue, Rs 2,127 crore EBITDA and Rs 748 crore PAT for 9MFY26, alongside 14,937 India storefronts and 16.7 million Wizard members.
OYO parent PRISM filed UDRHP-I with SEBI for a Rs 6,650 crore all-fresh-issue IPO, reporting Rs 748 crore profit for 9MFY26. India hospitality storefronts and company-serviced hotels expanded, with proceeds mainly for debt repayment.
Why this matters
PRISM's swing to a Rs 748 crore 9MFY26 profit and an all-fresh-issue IPO signals OYO's bid to clear debt and reset its public-market narrative after prior valuation cuts.
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