Oyo parent calls for EGM to consider raising ₹6,650 cr via IPO

Vaishnavi Mishra, Published on Nov 29th, 2025

Oyo parent calls for EGM to consider raising ₹6,650 cr via IPO

Oyo parent company Prism has called an Extraordinary General Meeting (EGM) on December 20. The meeting aims to seek shareholder approval for raising nearly ₹6,650 crore through a fresh issue of shares as part of its proposed initial public offering (IPO). Notably, this will be Oyo's third attempt for an IPO, after it filed draft papers in 2021 and 2023.

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