Oyo parent PRISM has filed confidential IPO papers with SEBI, aiming to raise up to Rs 6,650 crore at a $7–8 billion valuation. The move follows recent profitability, bonus share issues, and growth from acquisitions. SEBI’s pre-filing process allows regulatory refinement ahead of a public offering.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets