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From BusinessLine

Center-Right Owned by The Hindu Group (Kasturi & Sons)

OYO-parent PRISM to nearly halve IPO fresh issue size to up to ₹3,350 cr: Sources

OYO-parent PRISM to nearly halve IPO fresh issue size to up to ₹3,350 cr: Sources

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Reduction in the issue size follows continued strong cash generation and an improving balance-sheet position, which lowered the amount of capital the company needs to raise compared with what was originally envisaged, sources said.

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