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

Prism, parent of travel-tech hospitality firm Oyo, has cleared Sebi for a ₹6,650-crore public listing valuing the company at $7-8 billion. An Updated DRHP is targeted by early July 2026, with the final launch contingent on market conditions.

— Source publishedTue, 2 Jun, 2026, 17:42 IST·First seen Tue, 2 Jun, 2026, 17:59 IST·Source Business Standard · Companies

What happened

Oyo's parent Prism has secured Sebi approval for a ₹6,650-crore IPO, valuing the travel-tech hospitality firm at $7-8 billion. The company will next file an

Key facts

  • ₹6,650 crore
  • $7 billion-$8 billion
  • 21 days

Why this matters

Prism's IPO path crystallizes a near-term liquidity event for Oyo stakeholders, opening windows for pre-IPO secondaries, strategic tie-ups, and bolt-on consolidation across the fragmented budget-hospitality and travel-tech stack.

Also reported by