OYO parent Prism files updated papers for Rs 6,650-Cr all-fresh-issue IPO
Prism (Oravel Stays) refiled SEBI papers for a Rs 6,650-crore IPO, with a Rs 1,330-crore pre-IPO placement and Rs 4,987.5 crore earmarked for debt repayment. 9MFY26 revenue reached Rs 6,941 crore with PAT of Rs 748 crore; India storefronts grew to 14,937.
OYO parent Prism filed updated SEBI papers for a Rs 6,650-crore all-fresh-issue IPO, with proceeds mainly for debt repayment. India hotel storefronts grew to 1,573; 9MFY26 revenue hit Rs 6,941 crore on improving global profitability.
Why this matters
Prism's refiling marks OYO's renewed public-market push after earlier IPO attempts, now profitable with Rs 748 crore PAT in 9MFY26 and a debt-reduction focus across 14,937 India storefronts.
Retail-company signals accelerating at +434900% QoQ.
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