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.

— Filed Tue, 2 Jun, 2026, 17:40 IST · Source Mint · Companies · Updated

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 preliminary papers in late December 2025.

Why this matters

Sebi's nod advances Oyo's multi-year push to go public after earlier withdrawn DRHPs, with Prism now cleared to raise ₹6,650 crore at a $7-8 billion target valuation.

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