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Oyo parent Prism halves IPO size to INR 33.5 billion
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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.
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10月22日
- Skift FeedOyo parent Prism halves IPO size to INR 33.5 billion
Oyo's parent company Prism has cut the planned size of its IPO by nearly half, from INR 66.5 billion (USD 702 million) to INR 33.5 billion (USD 353 million), meaning the offering can repay roughly half the debt originally planned.