IPO · Professional & Local Services

Sebi approves Oravel Stays' ₹6,650 crore IPO

By Startup Enthusiast · 7 August 2026

What they do

OYO operates a hotel booking platform with over 175,000 properties across 35+ countries

SEBI approved its IPO on June 2, 2026, with an estimated issue size of ₹6,650 crore

OYO posted a ₹623 crore profit in FY25, making it the most profitable Indian startup that year

SEBI approved the IPO of Oravel Stays on June 2, 2026.
The estimated issue size is ₹6,650 crore.
OYO operates in the hotels, resorts, restaurants and tourism sector.
The company was founded in 2013.
OYO has 175,000+ hotels and homes across 35+ countries.
It has hosted 100 million+ guests and has 10 crore+ app downloads.
OYO renamed its corporate entity to PRISM on September 8, 2025 to reflect global expansion.

OYO became the most profitable Indian startup in FY25 with a ₹623 crore profit.
The IPO will allow the company to raise capital for further expansion.
OYO has been expanding its premium brand Sunday Hotels (200+ properties in 2026) and European holiday home brand DanCenter (plans 250 vacation homes in India in FY26).

OYO offers hotel booking with up to 70% savings, free cancellation, and pay at hotel.
It provides serviced hotels with standardized experience: free Wi-Fi, AC rooms, clean rooms, essential toiletries, helpful staff.
OYO operates in 35+ countries including Germany, Indonesia, Malaysia, Philippines, Saudi Arabia, Thailand, UAE, UK, USA, Vietnam, and many more.
It has a Wizard membership program offering up to 10% discount, faster priority support, and 1 free night after 7 night stays.
OYO for business is trusted by 5,000 corporates and added 3,500 new corporate clients in FY25, logging 20% annual growth.
OYO allows property listing with earning start in 30 minutes.
OYO's premium brand Sunday plans to add 40 hotels in 2025-26.
OYO parent company PRISM's G6 scaled extended stay strategy with 38 new hotel openings across the US.