OYO Parent PRISM Files Updated DRHP For ₹6,650 Cr IPO At $8 Bn Valuation
OYO's parent PRISM has filed an updated DRHP for a ₹6,650 Cr fresh-issue IPO at up to $8 Bn valuation, its third attempt at going public. The bid is backed by tripled profits of ₹748 Cr on ₹6,941 Cr revenue for 9M FY26, with ₹4,987 Cr earmarked for debt repayment and a ₹1,330 Cr pre-IPO placement.
OYO parent PRISM files updated DRHP for ₹6,650 Cr fresh-issue IPO at up to $8 Bn valuation, backed by tripled profits. Note also covers Indus Valley kitchenware's $17 Mn raise and Bobakat's bubble-tea retail expansion.
Why this matters
PRISM's updated DRHP marks OYO's third IPO attempt, now backed by tripled profits of ₹748 Cr, signaling a shift from prior loss-making listing bids toward a profitability-led public debut.
Retail-company signals accelerating at +458800% QoQ.
Also reported by
- Inc42 — Same time