OYO Parent Prism Files Updated DRHP for ₹6,650 Crore IPO; Fresh Share Issue Planned, No OFS

OYO Parent Prism Files Updated DRHP for ₹6,650 Crore IPO; Fresh Share Issue Planned, No OFS

Summary Hospitality technology company Prism, the parent company of OYO, has moved a step closer to its public market debut by filing an updated Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The company plans to raise ₹6,650 crore through a 100% fresh issue of shares, while existing investors … Read more