Oyo parent Prism eyes November IPO launch
By Abha Lohia ·
PRISM: revenue and funding and every story →
- Prism is the parent of hospitality platform Oyo, and is preparing a public share sale
- It may open its IPO next month, and is currently sounding out investors about demand
- The planned issue is entirely fresh shares of up to ₹6,650 crore, with timing depending on market conditions
What happened
- Prism may launch its IPO in November.
- The issue is up to ₹6,650 crore, all fresh shares.
- Investor demand is being tested now.
Why it matters
- Timing will depend on market conditions and final regulatory approvals.
The business
- Prism is the parent of the hospitality platform Oyo.
The founders
In numbers
₹6,650 CrFresh issue size · 2026
What happens next
- Launch decision expected next month
Terms in this story
- IPO: An IPO, or initial public offering, is the first time a company sells its shares to the general public and gets listed on a stock exchange. In India the process is supervised by SEBI and ends with the shares trading on the NSE and BSE.
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