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.

OYO parent PRISM secured SEBI approval for a $7-8B IPO with a Rs 6,650 crore fresh issue; UDRHP-1 filing comes next.

Entrackr · Newsletter · 6/2/2026, 11:58:57 AM · Ask about this →

Oyo + DanCenter + G6 Hospitality + Pallette Hotels + PRISM + Sunday Hotels +