PRISM Gets SEBI Approval For IPO

Oyo-Parent Prism Gets Green Light From Indian Regulator for IPO

Skift Take: Prism’s SEBI approval signals IPO momentum, but timing remains cautious. Stronger profits, Motel 6 integration, and premium expansion may finally give Oyo’s parent company the public-market credibility it previously lacked.Read the Complete Story On Skift

OYO Parent Prism Gets SEBI Approval for INR 6,650 Crore IPO

Prism, the parent company of Oyo, has been given the green light by the Securities and Exchange Board of India (Sebi) to move on with its planned INR 6,650 crore IPO. According to media reports, the travel technology company is estimated to be worth between $7 billion and $8 billion after the proposed share sale.Late in December 2025, Prism used the confidential filing option to submit its draft IPO documents to Sebi. Shareholders gave their app…

PRISM Gets SEBI Approval For IPO

Hospitality major PRISM, the parent entity of OYO, has received SEBI approval for its proposed IPO, sources told Inc42. The development comes nearly six months after the company confidentially filed its DRHP in December 2025. Ahead of filing, PRISM’s shareholders approved its plan to raise up to ₹6,650 Cr through a fresh issue of equity shares at an extraordinary general meeting held on December 20, 2025. The sources said the proposed public iss…