StartupsInc42about 9 hours ago
OYO's IPO Hinges On Debt Repayment
8 min read
OYO, rebranded as PRISM, filed a ₹6,650 Cr IPO with SEBI. Nearly 75% of proceeds will repay debt, including a ₹7,338 Cr loan from the Motel 6 acquisition. The company is profitable, with ₹748 Cr profit in 9M FY26, but faces scrutiny over leverage and governance.
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