OYO parent Prism, formerly Oravel Stays, has filed an updated DRHP with SEBI for a Rs 6,650 crore IPO entirely through fresh issue. Proceeds will primarily repay borrowings, with remaining funds for corporate use. The company may also undertake a pre-IPO placement before listing plans progress further.
OYO parent Prism, formerly Oravel Stays, has filed an updated DRHP with SEBI for a Rs 6,650 crore IPO entirely through fresh issue. Proceeds will primarily repay borrowings, with remaining funds for corporate use. The company may also undertake a pre-IPO placement before listing plans progress further.
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