OYO parent Prism secures SEBI nod for ₹6,650 cr IPO at $7-8 bn valuation
Prism, the hospitality-tech parent of OYO, has received SEBI approval to launch its IPO targeting ₹6,650 crore at a $7-8 billion valuation. The UDRHP filing is expected by early July, marking the company's third attempt at a public listing after prior withdrawals.
What happened
OYO PRISM · OYO parent Prism has received SEBI approval for its IPO, planning to raise ₹6,650 crore at a $7-8 billion valuation. The hospitality-tech firm will
Key facts
- ₹6,650 crore
- $7-8 billion valuation
- 21-day public comment period
Why this matters
A successful Prism listing reshapes the Indian hospitality-tech M&A landscape, creating a publicly-priced anchor that could accelerate consolidation and partnership opportunities across budget-stay and travel-tech adjacencies.