OYO’s parent firm PRISM has secured SEBI clearance to raise ₹6,650 crore via a fresh issue of shares.
The offering excludes any secondary stake sales (OFS), pointing to strong long-term conviction from founder Ritesh Agarwal and major backer SoftBank.
Fresh capital will aggressively fund the company’s shift toward premium self-operated inventory and international scaling following the G6 Hospitality acquisition.
The IPO is projected to value the structurally profitable travel-tech giant between $7 billion and $8 billion.
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