Oyo parent Prism secures Sebi nod for Rs 6,650 cr IPO at $5-7 bn valuation
Prism, parent of Oyo, has received Sebi approval to raise Rs 6,650 crore via IPO, targeting a $5-7 billion valuation. An updated DRHP is expected within 6-8 weeks. Q1FY26 net profit crossed Rs 200 crore, more than doubling year-on-year, signaling improved profitability ahead of listing.
Oyo's parent Prism received Sebi nod for a Rs 6,650 crore IPO, targeting a $5-7 billion valuation. Updated DRHP expected in 6-8 weeks. Q1FY26 net profit exceeded Rs 200 crore, more than doubling year-on-year.