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OYO Parent PRISM Halves Planned IPO to $355 Million
financeasianhospitality.com··1 min·For: Investor, Owner, Revenue

OYO Parent PRISM Halves Planned IPO to $355 Million

OYO's parent company PRISM has halved its planned initial public offering size to $354.65 million following years of delays. The revised target comes amid strong fiscal 2026 earnings driven by its North American expansion.

Key Takeaways

  1. 1PRISM cut its proposed fresh issue by roughly 50% from $702.22 million to $354.65 million.
  2. 2Net profit surged fourfold to $104 million in fiscal 2026 on revenue of $980 million.
  3. 3Acquired G6 Hospitality generated $1.48 billion in North American gross booking value in its first full year.

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Source: asianhospitality.com

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