OYO parent PRISM clears SEBI hurdle for IPO at $7-8B valuation
PRISM, the parent of hospitality platform OYO, has secured SEBI approval for its public listing with a fresh issue of up to ₹6,650 crore. The company is targeting a $7-8 billion valuation and plans to file an Updated DRHP by early July, marking a major milestone after years of delayed listing attempts.
OYO parent PRISM has secured SEBI approval for its IPO, targeting a $7-8 billion valuation with a fresh issue of up to ₹6,650 crore. The company plans to file an Updated DRHP by early July before listing.