OYO parent Prism files updated DRHP for ₹6,650 crore all-fresh-issue IPO
Oravel Stays' parent Prism has refiled with SEBI for a ₹6,650 crore IPO with no OFS component, earmarking ₹4,987.5 crore for debt repayment and ₹1,330 crore raised via pre-IPO placement. India storefronts hit 1,573 with 14,937 listings; 9MFY26 revenue reached ₹6,941 crore and PAT ₹748 crore, with US G6 acquisition now driving over half of global GBV.
What happened
Oyo · OYO parent Prism filed an updated DRHP with SEBI for a ₹6,650 crore fresh-issue IPO, no OFS, mainly to repay debt. India hospitality storefronts grew to
Key facts
- ₹6,650 crore IPO
- ₹1,330 crore pre-IPO placement
- ₹4,987.5 crore debt repayment
- ₹6,941 crore 9MFY26 revenue
- ₹748 crore PAT 9MFY26
- 1,573 India storefronts
- 14,937 India listings
Why this matters
Prism's refiled DRHP and the GBV-shifting G6 acquisition mark OYO as an acquisitive US-and-India platform consolidating budget hospitality ahead of listing.
What to watch
- SEBI clearance and final RHP timing
- Anchor allocation subscription levels
- G6 integration metrics and US GBV trajectory in updated filings
- Storefront/listing growth pace beyond 1,573 / 14,937
- Comparable hospitality/travel-tech IPO performance in the window
- Lock anchor book and finalize price band post-SEBI approval
- Complete ₹1,330cr pre-IPO placement to validate institutional appetite
- Push debt repayment optics to highlight cleaner post-IPO balance sheet
- Showcase G6 US GBV contribution as global diversification proof