Oyo parent Prism cleared by Sebi for ₹6,650 crore IPO at $7-8 billion valuation target

Prism, the holding entity for hospitality unicorn Oyo, has received Sebi approval for a ₹6,650 crore public issue after filing confidential pre-filing papers in late December 2025. The company is targeting a $7-8 billion valuation, marking a key milestone in Oyo's long-delayed listing journey.

— Source publishedTue, 2 Jun, 2026, 17:36 IST·First seen Tue, 2 Jun, 2026, 17:40 IST·Source Mint · Companies

What happened

Oyo's parent Prism has secured Sebi approval for a ₹6,650 crore IPO, with the hospitality unicorn targeting a $7-8 billion valuation. Prism filed confidential

Key facts

  • ₹6,650 crore
  • $7-8 billion

Why this matters

An Oyo listing reprices the budget-hospitality comp set globally and could pressure peers like RedDoorz, Treebo, and OTA-aligned platforms to accelerate consolidation or strategic partnerships ahead of a liquid public benchmark.

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