OYO (PRISM) files DRHP for ₹6,650 Cr IPO, earmarks 75% to slash ₹7,338 Cr debt
OYO, rebranded PRISM, filed an updated DRHP for a ₹6,650 Cr fresh issue, directing ₹4,987.5 Cr toward debt repayment. The chain turned profitable with ₹748 Cr PAT and ₹2,127 Cr EBITDA on FY25 revenue of ₹6,259 Cr, but 84% of revenue now comes from overseas as India revenue declines.
OYO, rebranded PRISM, files updated DRHP for a ₹6,650 Cr fresh-issue IPO, using ~75% of proceeds to repay debt. Now profitable with ₹748 Cr PAT, but 84% of revenue is overseas and India revenue is declining.
Why this matters
OYO's DRHP marks a turnaround to profitability (₹748 Cr PAT) and a rebrand to PRISM, but signals a strategic pivot as 84% of revenue shifts overseas while India revenue falls.
Retail-company signals accelerating at +577200% QoQ.
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