Skift Feed· Peden Doma Bhutia·· 14 days agoAI Rating60
Oyo parent Prism halves IPO size to INR 33.5 billion
Oyo Parent Prism Halves IPO Size, Leaving More Debt to Be Repaid From Cash Flow
AI Overview
On October 22, 2026, Oyo parent Prism cut its planned IPO size from INR 66.5 billion (USD 702 million) by nearly half to INR 33.5 billion (USD 353 million). Reports said this means the debt repayable through the offering is about half the original plan. Current status is that the IPO size has been confirmed as reduced, pending the offering's progress.
Source:Skift Feed · skift.com