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flag Prism, owner of Oyo Hotels, has quietly filed for an India IPO, targeting $7–8 billion, after strong results and a U.S. acquisition.

flag Prism, owner of Oyo Hotels, has confidentially filed for an IPO in India, seeking a valuation of $7–8 billion and aiming to raise up to ₹6,650 crore ($740 million). flag The move follows shareholder approval in December 2025 and marks a renewed effort after previous attempts were withdrawn due to market conditions. flag The company reported strong financial results in FY25, with revenue up 16% and net profit rising 6.6% after exceptional items. flag It also acquired U.S. hotel chain G6 Hospitality in 2024 and saw significant growth in premium offerings and international expansion. flag The confidential filing allows Prism to gauge investor interest and refine disclosures before a public launch, joining a growing list of Indian tech firms preparing for public listings in 2026.

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