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At the upper price band, the company is valued at a pre-IPO market capitalisation of Rs 12,325 crore. 43 crore in FY25 compared with a loss in the previous year.
SUMMARYUS-based MoEngage Inc will now merge into the Indian entity, and all assets, liabilities and operations of the overseas entity will be transferred to MoEngage India The move follows reports that...
Representative AI imageThe year 2025 was a watershed year for the country’s primary markets. Companies from different industries lined up to list on the stock exchanges, thus raising a record Rs. 1.75 lakh...
India's primary market experienced a record year in 2025, but many companies that went public are now trading below their initial offer prices. This highlights a gap between initial excitement and lasting investor confidence. While some large IPOs performed well, smaller ones struggled.
Oyo's parent company, Prism, has secured shareholder backing for its initial public offering. The company plans to raise up to Rs 6,650 crore through fresh equity shares. Shareholders also approved a bonus share issuance. These approvals are significant steps towards Prism's public listing. Recent financial performance shows strong profit and revenue growth for Oyo.
