India, Dec. 24 -- The budget hotel aggregator OYO's parent firm, PRISM, initially filed for an IPO in 2021, aiming for a valuation of up to 12 billion. It briefly revisited its listing plans in March 2023 with a confidential filing to the market regulator, but in May, it postponed the IPO for the third time, choosing instead to raise debt in recent years

OYO's parent company, PRISM, has now received shareholders' approval to raise up to Rs6,650 crore through a fresh issue of equity shares as part of its proposed Initial Public Offering (IPO)

The travel tech platform's shareholders approved the IPO proposal at an Extraordinary General Meeting (EGM) on December 20, 2025. This approval gives the company the option to go public when market...