OYO parent Prism files updated DRHP for ₹6,650 crore all-fresh-issue IPO
Oravel Stays' parent Prism has refiled with SEBI for a ₹6,650 crore IPO with no OFS component, earmarking ₹4,987.5 crore for debt repayment and ₹1,330 crore raised via pre-IPO placement. India storefronts hit 1,573 with 14,937 listings; 9MFY26 revenue reached ₹6,941 crore and PAT ₹748 crore, with US G6 acquisition now driving over half of global GBV.
OYO parent Prism filed an updated DRHP with SEBI for a ₹6,650 crore fresh-issue IPO, no OFS, mainly to repay debt. India hospitality storefronts grew to 1,573; US G6 acquisition now drives over half of global GBV.
Why this matters
Prism's refiled DRHP signals OYO's renewed IPO push after prior attempts, now profitable at ₹748 crore PAT and leaning on its US G6 acquisition for over half of global GBV.
Retail-company signals accelerating at +431900% QoQ.