OYO parent PRISM files for Rs 6,650 crore fresh-issue IPO, posts Rs 748 crore 9MFY26 profit
PRISM submitted UDRHP-I with SEBI for an all-fresh-issue IPO worth Rs 6,650 crore, with a Rs 1,330 crore pre-IPO placement and Rs 4,987.5 crore earmarked for debt repayment. The OYO parent reported Rs 6,941 crore revenue, Rs 2,127 crore EBITDA and Rs 748 crore PAT for 9MFY26, alongside 14,937 India storefronts and 16.7 million Wizard members.
What happened
OYO PRISM · OYO parent PRISM filed UDRHP-I with SEBI for a Rs 6,650 crore all-fresh-issue IPO, reporting Rs 748 crore profit for 9MFY26. India hospitality
Key facts
- Rs 6650 crore fresh issue
- Rs 1330 crore pre-IPO placement
- Rs 4987.5 crore debt repayment
- Rs 748 crore PAT 9MFY26
- Rs 6941 crore revenue 9MFY26
- Rs 2127 crore EBITDA
- 14,937 India storefronts
- 1,573 India company-serviced hotels
- 16.7 million India OYO Wizard members
Why this matters
The Rs 1,330 crore pre-IPO placement and debt-focused use of proceeds suggest a deleveraged OYO parent positioning for cleaner future M&A and partnership headroom in budget hospitality.
What to watch
- SEBI observations on UDRHP-I and final RHP timing
- Q4FY26 / FY26 full-year PAT confirmation vs 9M run-rate
- Pre-IPO placement pricing and anchor investor identity
- Interest cost reduction trajectory post debt repayment
- Occupancy and ADR trends across India hospitality segment
- Complete Rs 1,330cr pre-IPO placement to validate anchor appetite
- Roadshows emphasizing maiden full-year profitability and Wizard loyalty base
- Accelerate India storefront additions beyond 14,937 to show top-line momentum
- Begin debt repayment commitments to lenders contingent on issue proceeds