OYO Parent PRISM Confidentially Files IPO Papers with SEBI; Eyes $7-8 Billion Valuation
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CNBC TV1831-12-2025, 19:54

OYO Parent PRISM Confidentially Files IPO Papers with SEBI; Eyes $7-8 Billion Valuation

  • OYO's parent company, PRISM, has confidentially filed draft IPO papers with SEBI, aiming for a $7-8 billion valuation.
  • Shareholders approved raising up to ₹6,650 crore through a fresh issue of equity shares at an EGM on December 20, 2025.
  • PRISM reported a strong Q1 FY26 with over ₹200 crore net profit, 47% revenue growth, and 144% jump in gross booking value.
  • The company expanded globally, enhanced its premium portfolio, and acquired US-based G6 Hospitality, operator of Motel 6 and Studio 6.
  • Moody's reaffirmed PRISM's B2 corporate family rating with a stable outlook, projecting EBITDA to more than double in FY26.

Why It Matters: PRISM's confidential IPO filing signals strong growth and market confidence for OYO's parent.

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