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.
PRISM, OYO's parent, has received SEBI approval for its IPO, targeting up to Rs 6,650 crore fresh issue at a $7-8 billion valuation. Company is expanding self-operated hotels, premium brands, and vacation rentals across India, US and Europe.
Why this matters
PRISM's IPO clearance marks OYO's third public listing attempt, repositioning the group beyond budget hotels into premium stays and vacation rentals across three continents.
Retail-company signals steady at 1,663 over 90 days, reflecting sustained corporate activity.
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