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

▤ Summary

Oyo’s parent company Prism has secured Sebi approval for a ₹6,650 crore initial public offering. The company plans to file an updated DRHP in the next few weeks and is making its third attempt to go public. Oyo previously pursued IPO plans, withdrew a revised application, and instead raised private capital in 2024. The article also notes that market volatility has pushed several new-age companies to delay listings, even as Oyo targets a valuation of ₹50,000–60,000 crore.

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