Prism IPO: OYO's parent company, Prism, has once again returned to its IPO. This means that people will now be able to not only book hotels but also invest in them.

Masterplan of Oyo's parent company

Prism IPO: The stock market is currently dominated by numerous companies. Several companies have recently entered the IPO (Initial Public Offering) phase, allowing the public to purchase shares. Now, another company has joined the fray: Prism, a hospitality technology company that is also the parent company of OYO.

Prism is considering an IPO.
Recent reports suggest that Prism, OYO's parent company, is entering the IPO market. This initiative will offer the public the opportunity to become shareholders by purchasing its shares for the first time. The company aims to raise a total of ₹6,650 crore (approximately $1.6 billion) from the market. For this purpose, it has submitted new documents to the stock market regulator, SEBI.

The entire proceeds from this IPO will go to the company. This entire IPO is a "fresh issue," meaning the company is issuing completely new shares. There is no OFS (Offer for Sale). This simply means that OYO's previous major investors (such as founder Ritesh Agarwal, SoftBank, Microsoft, Airbnb, etc.) are not selling their old shares. All proceeds from this IPO will go directly to OYO, rather than into individual pockets.

Debt Repayment Masterplan!
The company will use the proceeds from this IPO for two primary purposes: first, it will use the proceeds to repay its debt of ₹4,987.5 crore (₹4,987.5 crore). Any existing debt will be repaid first. The remaining funds will then be used to fund day-to-day operations and expand its business.

However, the company could also raise approximately ₹1,330 crore (pre-IPO placement) from some large investors before launching the main IPO. If it does so, the size of the IPO for the general public will be reduced by that much. Oyo (Prism) submitted confidential documents for this in December 2025, and now it has received SEBI approval. This means the company could launch its IPO in the market soon.