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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

Source Read the source at The Ken Published

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