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Sebi approves Oyo parent Prism's ₹6,650 crore IPO plan
Published 2026-06-03 · Bazaar Watch Research
- Prism, the parent company of hospitality platform Oyo, has secured Sebi approval for its proposed ₹6,650 crore Initial Public Offering (IPO).
- The company confidentially filed its draft red herring prospectus (DRHP) in late December 2025 and plans a public UDRHP-1 by early July.
- The confidential pre-filing route allowed Prism to begin regulatory review without immediately disclosing sensitive business details.
- Shareholders had approved raising up to ₹6,650 crore through a fresh issue of equity shares at