📰 ET Markets ⚪ NEUTRAL 🕒 22 Oct 2026, 09:12 AM IST

SoftBank-backed India's Oyo Hotels owner halves proposed IPO, filing shows

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Core Development: SoftBank-backed India's Oyo Hotels owner halves proposed IPO, filing shows

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Market & Financial Impact: Prism, the company behind Oyo Hotels, has slashed its initial public offering (IPO) size from 66.5 billion to 33.5 billion rupees. Initially aiming for a lofty $12 billion valuation back in 2021, Prism has encountered a series of delays, including a confidential filing in March 2023 and its third postponement in May.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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SoftBank-backed India's Oyo Hotels owner halves proposed IPO, filing shows

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