GK and monthly revision

PRISM files IPO papers for Rs 6650 crore fresh issue, reports Rs 748 crore profit in 9MFY26

PRISM, the parent company of Oyo, has submitted its IPO papers to SEBI for a fresh issue of Rs 6,650 crore, primarily aimed at repaying debts. The company reported a profit of Rs 748 crore for the nine months ending December 2025, showcasing robust growth driven by its international expansion, especially in the US after acquiring G6 Hospitality. This development is significant as it highlights the evolving landscape of the hospitality sector and the potential for investment opportunities.