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OYO files updated IPO papers to raise ₹6,650 crore, no investors agree to offer shares
short by Ashley Paul / on Tuesday, 30 June, 2026
OYO-parent Prism Hotels and Resorts has filed its updated papers with SEBI to raise ₹6,650 crore via an initial public offering. The issue will comprise only a fresh issue of shares, which means that none of the company's existing investors has agreed to give up their shares. For FY26's first nine months, Prism's revenue jumped 11% YoY to ₹6,941 crore.
read more at Moneycontrol