OYO’s parent company Prism has received approval from market regulator Securities and Exchange Board of India (Sebi) for its planned initial public offering (IPO), according to reports. This brings the company closer to listing its shares on the stock market.
OYO Parent Prism Gets Sebi Approval For Rs 6,650-Crore IPO: Key Things Investors Should Know
OYO parent Prism received Sebi’s approval for its Rs 6,650-crore IPO. Here’s what investors should know before the issue hits the market
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The IPO is expected to include a fresh issue of shares worth up to Rs 6,650 crore. This comes after shareholders had already approved the fundraise in December 2025.
With the approval in place, Prism is now expected to take the next step by filing an updated draft prospectus. This document will give more details about the IPO and will be reviewed before the company moves ahead with the listing process.
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