Economy · India
Multiple Indian companies launch IPOs, OYO parent files updated papers
Several Indian companies, including Aastha Spintex, Advit Jewels, Knack Packaging, Teja Engineering Industries, and Vinit Mobile, have opened or are preparing to open their Initial Public Offerings (IPOs). OYO's parent company, Prism, has filed updated draft papers for its ₹6,650 crore IPO, with plans to use proceeds for debt repayment. Market sentiment for some IPOs is indicated by grey market premiums, while others are seeing significant oversubscription.
How outlets across the spectrum covered it
Left 1 · Centre 4 · Right 1 n = 6
- Left (1): The Wire
- Centre (4 votes, 5 outlets): Business Standard, Hindustan (Hindi) · Mint (HT Media — 1 vote), The Times of India, The Tribune
- Right (1): Dainik Jagran