SynopsisOyo's parent company, PRISM, has filed for a ₹6,650 crore IPO, marking its third attempt to go public after previous delays and withdrawals. Following a period of restructuring and improved financial performance, the hospitality firm is once again seeking market approval. Investors are keenly observing whether this latest bid will succeed after nearly five years of evolving market conditions and strategic shifts.Oyo parent PRISM has filed an updated Draft Red Herring Prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI) for a ₹6,650 crore initial public offering (IPO), marking the hospitality startup’s third bid to enter the public markets. The latest filing caps a nearly five-year journey marked by multiple delays, withdrawals and changing market conditions.The first listing attempt: 2021–2023Oyo first filed its DRHP in OctoberNow Playing
Explained: Oyo’s long journey to an IPO, from 2021 to 2026 - The Economic Times
Oyo's parent company, PRISM, has filed for a ₹6,650 crore IPO, marking its third attempt to go public after previous delays and withdrawals. Following a period of restructuring and improved financial performance, the hospitality firm is once again seeking market approval. Investors are keenly observing whether this latest bid will succeed after nearly five years of evolving market conditions and strategic shifts.
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