Oyo parent Prism secures Sebi nod for ₹6,650-cr IPO at $7-8 bn valuation

Prism, Oyo's parent, has cleared Sebi for a ₹6,650-crore public issue targeting a $7-8 billion valuation, with UDRHP-1 expected in early July. Moody's sees FY26 EBITDA doubling to $280 million, driven by premium brands and the G6 Hospitality buy.

— Source publishedTue, 2 Jun, 2026, 18:27 IST·First seen Tue, 2 Jun, 2026, 18:47 IST·Source Business Today · Latest

What happened

Oyo parent Prism received Sebi nod for a ₹6,650-crore IPO targeting a $7-8 billion valuation. UDRHP-1 expected in early July. Moody's projects FY26 EBITDA

Key facts

  • ₹6,650 crore
  • $7-8 billion valuation
  • $280 million EBITDA FY26
  • ₹2,496 crore

Why this matters

Prism's Sebi clearance and G6 acquisition playbook reset the M&A bar in budget hospitality—expect tighter target windows and richer multiples for any remaining scaled assets in the segment.