BusinessPhoto: Business StandardOYO Parent PRISM Cuts IPO Fresh Issue Size to ₹3,350 Crore
OYO's parent company PRISM plans to reduce the fresh issue size in its IPO to ₹3,350 crore from the earlier ₹6,650 crore. This decision follows strong cash generation and an improved balance sheet, lowering the capital needed. The company aims to raise only what is necessary, focusing on repaying residual debt over the next two to three years through business cash flows.
Business Standard·


