OYO parent Prism files updated IPO papers for Rs 6,650 crore issue: What investors should know

Hospitality firm Prism, parent of OYO, has filed updated papers for a Rs 6,650 crore IPO, comprising only a fresh issue of shares. The company plans to use most proceeds to repay borrowings. Prism reported a significant jump in revenue and profit for the first nine months of FY26, driven by its US business. S&P Global Ratings also revised Prism’s outlook to ‘Positive’.