Prism – Targets ₹6,650 Cr IPO Launch in Current Fiscal

Expert Analysis:

• Prism, the parent company of OYO, is targeting an IPO launch in the current fiscal year, with the proposed issue size at around ₹6,650 Cr.

• The IPO is structured as a 100% fresh issue, meaning the capital raised would flow directly to Prism rather than existing shareholders through an OFS.

• The company has already received SEBI approval for the proposed offering, moving Prism closer to its long-awaited public-market debut.

• The planned listing comes after Prism's broader business transition, with the company positioning itself as a global travel and hospitality technology platform while OYO remains its consumer-facing brand.