SEBI Approves OYO Parent Company Prism’s ₹6,650 Crore IPO Plan

Travel technology major OYO’s parent company, Prism, has received approval from the Securities and Exchange Board of India (SEBI) for its proposed Initial Public Offering (IPO). The market regulator has given the company the green signal to raise approximately ₹6,650 crore from the capital markets. According to industry sources, the company is expected to launch its IPO at a valuation of around $7–8 billion, making it one of the most closely watched public offerings in the Indian startup ecosystem.

Prism had confidentially filed its draft IPO papers with SEBI in December 2025 through the confidential filing route. Following the regulatory approval, the company is now required to submit an Updated Draft Red Herring Prospectus (UDRHP-1) for public review. Sources indicate that Prism is planning to file the updated document in July. The final timeline for the IPO launch and listing will depend on prevailing market conditions and regulatory processes.