Oyo Parent PRISM Secures Shareholder Approval for ₹6,650 Crore IPO

Oyo's parent company, PRISM, has received shareholder approval to raise up to ₹6,650 crore through a fresh issue of equity shares for its proposed Initial Public Offering (IPO). This significant step moves the company closer to its public listing, following an Extraordinary General Meeting held on December 20, 2025. The approval also includes a bonus share issuance.

• PRISM shareholders approved ₹6,650 crore IPO fundraise.
• Approval granted at EGM held on December 20, 2025.
• Company aims for fresh equity issue for public listing.
• Shareholders also cleared a 1:19 bonus share issuance.
• IPO launch contingent on regulatory nods and market conditions.
• OYO reported strong financial growth, boosting IPO prospects.

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