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The Economic Times
The Economic Times

Oyo parent files updated DRHP for Rs 6,650 crore IPO: Key things to know

OYO DRHP IPO Prism United States Europe

Hospitality company Oyo’s parent, Prism, on Tuesday filed its updated Draft Red Herring Prospectus-I (UDRHP-I) for a Rs 6,650 crore initial public offering (IPO) with markets regulator Securities and Exchange Board of India (Sebi).

The public offering entirely comprises a fresh issue of shares. With no offer-for-sale component, the entire proceeds will accrue to the company.

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