DBT Bureau
Bengaluru, 1 Jan 2026
Hotel aggregator Oyo’s parent company, Prism has filed a draft red herring prospectus with market regulator, SEBI for a Rs 6,650 crore initial public offering (IPO). The prospectus has been filed through the confidential route, reports said.
Earlier, the company has received shareholders’ approval for raising upto Rs 6,650 crore via the fresh issuance of shares.
Oyo is eyeing a market debut in 2026 as the company achieved operating profit in 2025.
The hospitality chain initially filed for a public offer in 2021 to raise Rs 8,430 crore. It, however, withdrew the plans owing to market volatility.
