OYO parent PRISM cleared by SEBI for Rs 6,650 cr IPO at $7-8 bn valuation
PRISM, OYO's parent, has secured SEBI approval to raise up to Rs 6,650 crore via fresh issue at a $7-8 billion valuation. The hospitality group is scaling self-operated hotels, premium brands like Sunday and Pallette, and vacation rentals (DanCenter, G6) across India, US and Europe. FY26 EBITDA guided at $280 million.
What happened
Oyo · PRISM, OYO's parent, has received SEBI approval for its IPO, targeting up to Rs 6,650 crore fresh issue at a $7-8 billion valuation. Company is expanding
Key facts
- Rs 6,650 crore fresh issue
- $7-8 billion valuation
- $280 million FY26 EBITDA
- Rs 2,496 crore
Why this matters
PRISM's IPO war chest and multi-brand, multi-geo footprint (Sunday, Pallette, DanCenter, G6) sharpen its profile as both a consolidator and a competitive threat in budget-to-premium hospitality and vacation rentals.
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