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Oyo IPO: How real is Oyo parent PRISM’s Rs 748 crore net profit
Oyo IPO: PRISM, formerly Oravel Stays, has reported a Rs 748 crore profit for the nine months ending December 31, 2025, a significant turnaround from previous losses. This profit was boosted by a Rs 559 crore deferred-tax credit. The company also saw a substantial increase in operating cash flow, generating Rs 1,594 crore. A key IPO plan involves using Rs 4,987.5 crore to repay borrowings, aiming to reduce finance costs.
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economictimes.indiatimes.com
PRISM files IPO papers for Rs 6650 crore fresh issue, reports Rs 748 crore Profit in 9MFY26
Oyo's parent company, PRISM, has filed its IPO papers with SEBI, planning a Rs 6,650 crore fresh issue to repay borrowings. The hospitality giant reported significant revenue and…
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PRISM’s IPO filing mentions Zostel case, CCI investigation
In its UDRHP-I filing to Sebi, the company any 'adverse' outcome in legal proceedings involving Zostel may materially and adversely affect its business, reputation, prospects,…
