OYO Parent PRISM Files Updated DRHP For ₹6,650 Cr Fresh-Issue IPO In Third Listing Attempt
PRISM refiled its DRHP for a fresh-issue-only IPO worth ₹6,650 Cr. SoftBank SVF holds 40.04%, Ritesh Agarwal 6.59% direct plus 20.12% via RA Hospitality. 9M FY26 profit hit ₹1,214.4 Cr on ₹6,941 Cr revenue; FY25 net profit rose 93% to ₹271.8 Cr.
OYO parent PRISM filed an updated DRHP for a fresh-issue-only IPO worth ₹6,650 Cr, its third public-listing attempt. Piece details shareholding (SoftBank 40.04%, Ritesh Agarwal), financials, and hospitality-platform leadership team.
Why this matters
PRISM returns to the IPO market for a third time, now with a fresh-issue-only ₹6,650 Cr structure backed by improving profitability, as 9M FY26 profit hit ₹1,214.4 Cr and FY25 net profit nearly doubled.
Retail-company signals accelerating at +482700% QoQ.