IPO plans: Oyo gets nod, Coke eyes listing of bottler's parent

Oyo parent gets Sebi nod for Rs 6,650-cr public offer

Prism (Oyo's parent) cleared SEBI for ₹6,650 crore IPO after two failed attempts, targeting $5-7B valuation versus $9B peak in 2021. Startup valuations face hard correction; Oyo's smaller raise and PhonePe/Flipkart deferrals signal market risk aversion and compressed exit multiples.