Firstly, it will use it to pay off its debt of Rs 4987.5 crore. Secondly, the rest of the money will be used for the day-to-day operations of the company and to increase the business.
OYO’s parent company Prism, to raise Rs 6650 Cr IPO: OYO’s parent company, Prism, has once again returned to the IPO. This means the general public can now invest in hotels rather than just book. This will give an opportunity to the general public to become shareholders by buying its shares for the first time. The company aims to raise a total of Rs 6650 crore from the market. For which they have submitted their new documents to the stock market regulator SEBI.
The company has two main objectives for the money that will be received from this IPO, firstly, it will use it to pay off its debt of Rs 4987.5 crore. Secondly, the rest of the money will be used for the day-to-day operations of the company and to increase the business. However, the company can raise around Rs 1,330 crore (Pre-IPO Placement) from some big investors before bringing the Main IPO. If it does, then the size of the IPO coming to the general public will be reduced. OYO (Prism) had submitted documents for this in December 2025 in a confidential manner, and now it has received approval from SEBI. That means the company can launch its IPO in the market soon.
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