Performance since IPO
Confirmed share price history
No published trading history yet
IPO recap
Offering not completed
PRISM / OYO filed IPO documents on Jun 30, 2026. IPO date, ticker, and IPO offer price are not yet confirmed.
FiledJun 30
Pricing—
First trade—
Lockup ends—
The short version
Oravel Stays proposes a fresh Indian issue of up to ₹66.5 billion. PRISM spans hotels, vacation homes and subscription listings; final terms remain open.
Key takeaway 1
Oravel Stays Limited is the legal issuer.
Key takeaway 2
Fresh issue; possible pre-IPO placement adjustment.
Key takeaway 3
Hotels, homes and subscription listings have different economics.
Company in detail
PRISM is the hospitality group behind OYO and a wider portfolio of hotel and vacation-home brands. Its platform connects accommodation partners with guests and supplies technology, brand and operating services. Motel 6, Studio 6, Belvilla, Sunday and Townhouse illustrate the range of formats. Oravel Stays Limited is the legal issuer in the Indian offering documents.
SEBI published the updated draft on 30 June 2026. It proposes a fresh issue of up to ₹66.5 billion, with no offer for sale in that draft. An optional pre-IPO placement could reduce the amount subsequently raised through the fresh issue. The final price and bidding timetable were not verified in the 7 October review.
The business mixes different types of supply. Its December 2025 footprint contained hotels, professionally managed homes and fixed-fee subscription listings across more than 35 countries. Adding those categories produces a platform footprint, rather than a count of hotels owned by Oravel. Their different economics limit what a single headline count can reveal.
The draft directs a substantial part of planned proceeds toward debt repayment through its Singapore subsidiary. Our analysis examines both operating growth and the balance-sheet effect of new equity. Expansion may broaden the group’s reach, while repayment may change financing costs.
Booking conversion, partner retention, geographic earnings and acquisition integration are more informative than brand familiarity alone. Updated financial periods and the eventual issue structure would show whether the enlarged group can turn its network into durable cash generation.
Operating metrics
Global storefronts
293,554December 2025: 24,303 hotels, 124,668 homes and 144,583 subscription listings; not owned properties.
Dec 31, 2025FY2025 revenue from operations
₹62.53 billionFiscal year ended 31 March 2025; ₹62,528.31 million in the draft. Annual reported revenue, not a run rate or nine-month FY2026 figure.
Mar 31, 2025Company profile
- Legal name
- Oravel Stays Limited
- Headquarters
- Gurugram, Haryana
- Founded
- —
- Legal issuer
- Oravel Stays Limited
- Corporate office
- Gurugram; registered office in Ahmedabad
- Founder and group CEO
- Ritesh Agarwal
- COO and Europe CEO
- Ankit Tandon
- Hotel brands
- OYO, Motel 6, Studio 6, Sunday, Townhouse, Palette
- Vacation homes
- Belvilla, DanCenter and Checkmyguest
- Employees
- No published figure
Timeline
- Global footprint snapshot
The draft records storefronts across more than 35 countries.
- Updated draft published
SEBI publishes the Oravel draft.
Global storefronts
293,554December 2025: 24,303 hotels, 124,668 homes and 144,583 subscription listings; not owned properties.
Proposed fresh issue
Up to ₹66.5 billionDraft fresh issue, no offer for sale. A completed pre-IPO placement could reduce this amount; not funds already raised.
Valuation
—Not confirmed
Employees
—No published figure
FY2025 revenue from operations
₹62.53 billionFiscal year ended 31 March 2025; ₹62,528.31 million in the draft. Annual reported revenue, not a run rate or nine-month FY2026 figure.
Operating cash flow
—No published figure
Financials
No complete financial history available
Revenue
Financial history unavailableComparable financial periods will appear here when available.
No comparable financial series
Available dated disclosures are included in the company overview. View disclosures →
Valuation & peers
Price-to-sales, revenue growth and gross margin
Comparable metrics unavailableComparable company figures for the same date are not available.
Revenue growth (%)
| Company | P/S | Growth | GM |
|---|---|---|---|
| PRISM / OYO | — | — | — |
| No published peer comparison | |||
Context: Private financing valuations and modeled market values do not establish an IPO valuation. Revenue run-rate is not used here to calculate a price-to-sales ratio.
Private valuation and funding details
Proposed fresh issue
Up to ₹66.5 billionDraft fresh issue, no offer for sale. A completed pre-IPO placement could reduce this amount; not funds already raised.
IpoHub score
How we score—Not rated
Balance sheet—
Growth—
Community—
Profitability—
Valuation—
Individual category scores are not available.
Where the money goes
—
Use of proceeds—
Allocation percentages—
Net proceeds—
Details on the use of IPO proceeds are not available.
Key risks
Editorial analysisPartner quality
Availability and guest experience depend on accommodation partners.
Global integration
Several brands and jurisdictions increase operating complexity.
Debt and dilution
Issue terms determine the balance-sheet benefit and new share count.
Deal terms
- Ticker
- Not confirmed
- Exchange
- BSE / NSE (proposed)
- IPO price
- Not confirmed
- Price range
- Not confirmed
- Pricing date
- Not confirmed
- First trading day
- Not confirmed
- Shares offered
- Not confirmed
- Deal size
- Not confirmed
- Underwriters
- Not confirmed
- Greenshoe shares
- Not confirmed
- Lockup
- Not confirmed
- Quiet period expirations
- Not confirmed
PRISM / OYO IPO: where and how to invest
Where can I invest in the PRISM / OYO IPO?
The PRISM / OYO IPO is currently marked as filed; public share trading is not yet confirmed in this profile. If IPO subscriptions become available, you need a broker offering that specific deal to investors in your country. Having an account does not guarantee an allocation. After a confirmed listing, you can look for a broker that supports the relevant exchange.
Can I buy PRISM / OYO shares now?
Public trading in PRISM / OYO shares is not yet confirmed here. An announced or priced offering does not automatically mean you can buy the stock on an exchange. An IPO subscription and a private share purchase each have separate access requirements.
When is the PRISM / OYO IPO?
A confirmed first trading day for PRISM / OYO has not yet been published here. Check official company announcements and final offering documents; a planned timetable can change.
What is the PRISM / OYO IPO share price?
A confirmed IPO offer price for PRISM / OYO has not yet been published here. Private funding valuations and modeled private-market prices do not establish the eventual IPO share price.
What is PRISM / OYO's stock ticker and exchange?
A stock ticker for PRISM / OYO has not yet been confirmed here. The exchange recorded here is BSE / NSE (proposed). A proposed symbol or exchange does not establish that trading has begun. Verify the final listing announcement before placing an order.
Can I buy PRISM / OYO shares before the IPO?
Private transactions or funds may sometimes provide exposure to PRISM / OYO if a specific offer exists and you meet its requirements. This profile does not confirm an available private offer. A fund interest may provide indirect exposure rather than direct ownership of company shares. Private investments can have resale restrictions, uncertain valuations and limited exit options; a future IPO is not guaranteed.
Where can I find the PRISM / OYO IPO prospectus?
Check PRISM / OYO's official investor-relations announcements and publications from the relevant regulator and exchange. A confidential submission or an announcement about it is not a publicly available prospectus. Before subscribing, read the final prospectus for the risks, price, share class and offering terms.
More questions about the PRISM / OYO IPO
Is PRISM a separate listed stock?
The draft names Oravel Stays Limited as issuer. PRISM is the group’s brand identity.
What issue size is proposed?
The draft proposes up to ₹66.5 billion of fresh equity. Final terms may change.
Are storefronts owned hotels?
No. The count includes partner hotels, vacation homes and subscription listings.
When will the IPO open?
Final bidding and trading dates were not verified as of 7 October 2026.
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