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Oyo parent Prism files third attempt at Rs 6,650 crore IPO, repositions as asset-light global platform
Oyo parent Prism filed updated draft papers for a Rs 6,650 crore IPO, its third attempt, repositioning as an asset-light global hospitality platform. Most proceeds target debt repayment on acquisition-fueled growth spanning US, Europe and Australia hotel assets.
Reported figures
From the report. Source details below
| Rs 7,000 crore | 9M revenue |
|---|
Also in the report
- Rs 9,300 crore FY26 revenue
- Rs 13,000 crore prior losses
- Rs 750 crore annual interest
Other figures
- 50% revenue growth
- Rs 920 crore profit
- Rs 7,500 crore debt
- 75% proceeds for debt
The source
First seen