Ritesh Agarwal

Stories

Moody's lifts OYO parent Prism's outlook to positive ahead of IPO

Holds a 30.52% stake; leading the IPO process

OYO's parent company, Prism, now has positive outlooks from all three major rating agencies. Moody's lifted its outlook on October 18, joining S&P and Fitch, after OYO's earnings before interest, taxes, depreciation and amortization (EBITDA) more than doubled to ₹2,630 crore in fiscal 2026.

Updated Oct 18