Oyo Parent Prism Seeks Shareholder Approval for IPO Worth ₹6,650 Crore

Oyo's parent company, Prism, is gearing up for a significant financial move as it seeks shareholder approval for an initial public offering (IPO) valued at ₹6,650 crore.  

This strategic step is part of Prism's broader efforts to strengthen its market position and enhance shareholder value. 

Details of the Proposed IPO 

As per news reports, Prism has scheduled an extraordinary general meeting (EGM) on December 20, 2025, to secure shareholder consent for the IPO. The company plans to raise ₹6,650 crore through the issuance of fresh shares.  

This move is expected to provide the company with the necessary capital to fuel its growth ambitions and expand its market presence. 

In addition to the IPO, Prism has proposed a revised bonus issue. Shareholders will vote on the issuance of 1 fully paid-up equity share for every 19 shares held. The record date for determining eligible shareholders for the bonus issue is set for December 5, 2025. 

Rationale Behind the Bonus Issue 

As per The Economic Times, the decision to revisit and unify the bonus structure stems from feedback received from shareholders and investors. Prism aims to ensure equitable participation for all equity shareholders, enhancing their stake in the company.  

The bonus shares will be issued from the company's share premium and reserves, reflecting Prism's commitment to rewarding its shareholders. 

Increase in Authorised Share Capital 

Alongside the IPO and bonus issue, Prism is also seeking approval to increase its authorised share capital. The proposed increase will raise the authorised share capital from ₹2,431 crore to ₹2,491 crore.  

This adjustment aligns with the company's growth strategy and its plans to accommodate the new shares issued through the IPO. 

Read More: Record-Breaking IPO Funding: India Raises ₹1.6 Lakh Crore in 2025 With More Issues Lined Up! 

Conclusion 

Prism's move to seek shareholder approval for a ₹6,650 crore IPO and a revised bonus issue marks a significant step in its strategic growth plan. By increasing its authorised share capital and revisiting its bonus structure, the company aims to enhance shareholder value and support its expansion efforts. 

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