OYO parent PRISM files updated DRHP for ₹6,650 Cr fresh-issue IPO in third public attempt
PRISM's updated SEBI filing shows SoftBank at 40.04% and founder Ritesh Agarwal at ~30% (6.59% direct, 20.12% via RA Hospitality). Financials improved sharply: FY25 net profit ₹271.8 Cr (+93%) on revenue ₹6,252.8 Cr (+16%), with 9M FY26 profit at ₹1,214.4 Cr on ₹6,941 Cr revenue.
OYO parent PRISM filed an updated DRHP with SEBI for a ₹6,650 Cr fresh-issue IPO, its third public attempt. Details cover shareholding (SoftBank 40%, founder Ritesh Agarwal ~30% direct/indirect), leadership team and improved FY25/9M FY26 financials.
Why this matters
PRISM returns to public markets on its third attempt after prior IPO efforts stalled, now backed by sharply improved profitability and rising 9M FY26 earnings ahead of the fresh-issue listing.
Retail-company signals accelerating at +482600% QoQ.
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