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OYO parent PRISM files confidential IPO papers in third listing bid
OYO’s parent PRISM has confidentially filed IPO draft papers with SEBI, targeting a ₹6,650 crore raise and $7–8 billion valuation in its third listing attempt.
PRISM, the parent company of hospitality brand OYO, has filed confidential draft IPO papers with the Securities and Exchange Board of India as part of its third attempt to go public, seeking to raise up to ₹6,650 crore through a fresh issue of equity shares. The company is aiming for a valuation in the range of $7–8 billion as it revives its public listing plans after previous attempts were shelved due to market volatility.