OYO parent Prism files updated IPO papers for Rs 6,650 crore issue: What investors should know
Hospitality firm Prism, parent of OYO, has filed updated papers for a Rs 6,650 crore IPO, comprising only a fresh issue of shares. The company plans to use most proceeds to repay borrowings. Prism reported a significant jump in revenue and profit for the first nine months of FY26, driven by its US business. S&P Global Ratings also revised Prism’s outlook to ‘Positive’.
Hospitality firm Prism, parent of OYO, has filed updated papers for a Rs 6,650 crore IPO, comprising only a fresh issue of shares. The company plans to use most proceeds to repay borrowings. Prism reported a significant jump in revenue and profit for the first nine months of FY26, driven by its US business. S&P Global Ratings also revised Prism’s outlook to ‘Positive’.
Continue Reading
- Is SRH Owner Kavya Maran Marrying Music Sensation Anirudh? Megastar’s Uncle Fuels Rumours
-
US ‘Doomsday Plane’ Makes Rare Appearance In Los Angeles After 51 Years, Sparks Speculation
- Vederlagsfri inferno chateau ingen indbetalingsbonus Slots choy sun doa Mobile PΓ₯ λ°μ§ν¬μ¬λ¦¬μλ΄μΌν°
-
“Project Dawn”: Amazon Mistakenly Alerts Employees About Layoffs
- India batting coach Sitanshu Kotak opens lid on Karun Nair being dropped
- Trade deficit widens to $25 billion as imports rise 9%
-
“Bogus, Fuss”: DK Shivakumar To NDTV On BJP’s ‘No Chair November’ AI Video
- Century-old train control systems set for big upgrade! Indian Railways prepares new blueprint; focus on safety and train speed
-
Snow Covers World’s Driest Desert ‘Atacama’ After A Decade
-
Zimbabwe Cricket Team’s Return From India Delayed After T20 World Cup Amid Middle East Crisis