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moves money Tech-Economic Times June 30, 2026

PRISM files IPO papers for Rs 6650 crore fresh issue, reports Rs 748 crore profit in 9MFY26

PRISM files IPO papers for Rs 6650 crore fresh issue, reports Rs 748 crore profit in 9MFY26
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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 profit growth for the nine months ending December 2025, driven by international expansion, particularly in the US following the G6 Hospitality acquisition. PRISM operates across 43 brands in over 35 countries, aiming to leverage scale and operational efficiencies.

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