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Hospitality firm advances plans for large domestic listing
Oyo parent Prism secured approval for a ₹6,650 crore IPO, advancing its listing plans amid strong domestic primary market activity.
Prism, the parent entity of Oyo, received shareholder approval for a fresh equity issuance of up to ₹6,650 crore as part of its planned public listing. The approval also included bonus share issuance. The development moves the hospitality company closer to market debut amid strong retail participation and renewed activity in India’s primary market.