Pallette Hotels
Ask about this →0 mentions · last seen 6/5/2026
Signals
OYO parent PRISM cleared by SEBI for Rs 6,650 cr IPO at $7-8 bn valuation
PRISM, OYO's parent, has secured SEBI approval to raise up to Rs 6,650 crore via fresh issue at a $7-8 billion valuation. The hospitality group is scaling self-operated hotels, premium brands like Sunday and Pallette, and vacation rentals (DanCenter, G6) across India, US and Europe. FY26 EBITDA guided at $280 million.
Entrackr · Newsletter · 6/2/2026, 12:05:38 PM
OYO parent PRISM clears SEBI hurdle for $7-8B IPO, plots Rs 6,650 cr fresh raise
PRISM, parent of OYO, has secured SEBI approval to launch its IPO at a $7-8 billion valuation with a Rs 6,650 crore fresh issue. UDRHP-1 filing comes next as the company scales self-operated premium hotels, vacation rentals (DanCenter), and religious destination plays across India, US, and Europe. FY26 EBITDA pegged at $280M; Moody's rates it B2.
Entrackr · Newsletter · 6/2/2026, 11:58:57 AM