Oyo-parent PRISM files UDRHP for Rs 6,650 crore IPO as unlisted shares stay flat at Rs 22-24
PRISM filed its updated DRHP with SEBI for a Rs 6,650 crore fresh-issue IPO on NSE/BSE, plus a Rs 1,330 crore pre-IPO placement. The firm posted Rs 6,941 crore revenue and Rs 748.34 crore PAT in 9M FY26 across 14,937 India storefronts, yet unlisted shares remain subdued amid ample pre-IPO float.
Oyo-parent PRISM filed UDRHP with SEBI for a Rs 6,650 crore fresh-issue IPO on NSE/BSE. Despite turning profitable and expanding India company-serviced hotels, unlisted shares stay flat at Rs 22-24 amid ample pre-IPO float.
Why this matters
PRISM's updated DRHP signals a renewed public-market push, with strong 9M FY26 profitability of Rs 748.34 crore PAT contrasting against muted unlisted share pricing held down by heavy pre-IPO float.
Retail-company signals accelerating sharply, up +443600% QoQ.