Prism, the parent company of global travel-tech unicorn Oyo, has received approval from the Securities and Exchange Board of India (SEBI) to raise funds through initial public offering (IPO). The company plans to raise Rs 6,650 crore through its IPO.
The proposed offering is expected to value the company at around $7-8 billion. The company had filed its draft papers through the confidential pre-filing route in December 2025. Shares of the company are proposed to be listed on the BSE and the NSE.
Prism (formerly known as Oravel Stays) is a leading, new-age technology platform empowering the large yet highly fragmented global hospitality ecosystem. Oyo operator Oravel Stays was rebranded as Prism in September 2025.
