Oyo-parent Prism secures SEBI's nod to launch ₹6,650-crore IPO
Oyo's parent company, Prism, has received SEBI approval to proceed with a ₹6,650-crore IPO. The company plans to use the funds to expand its global footprint and strengthen its premium hotel brands.
Why it matters
This IPO represents a significant milestone for the Indian travel-tech sector and reflects the company's recovery and growth strategy in international markets.
Prism, the parent firm of global travel tech unicorn Oyo, has secured clearance from markets regulator Sebi to raise ₹6,650 crore through its initial public offering (IPO), people familiar with the development said on Tuesday (June 2, 2026).
The article reports on financial and regulatory developments using objective business terminology.
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