OYO Parent PRISM Lands SEBI Nod for IPO at $7-8 Bn Valuation

PRISM, the parent of hospitality major OYO, has secured SEBI's green light for its public listing six months after filing a confidential DRHP. The company plans a ₹6,650 Cr fresh issue at a $7-8 Bn valuation and will file an updated DRHP shortly.

— Source publishedTue, 2 Jun, 2026, 17:21 IST·First seen Tue, 2 Jun, 2026, 17:25 IST·Source Inc42

What happened

Oyo · PRISM, OYO's parent, has secured SEBI approval for its IPO, six months after filing a confidential DRHP. The hospitality major plans a ₹6,650 Cr fresh

Key facts

  • ₹6,650 Cr fresh issue
  • $7-8 Bn valuation

Why this matters

PRISM's clearance opens a window for hospitality consolidation plays and partnership talks, with the ₹6,650 Cr fresh issue likely funding both organic expansion and bolt-on M&A.

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