PRISM, OYO’s parent, cleared by SEBI for ₹6,650‑crore IPO

India’s securities regulator SEBI approved PRISM’s plan to launch an IPO. The offering is sized at approximately ₹6,650 crore. PRISM is the holding company of hospitality chain OYO. The approval clears a major regulatory hurdle for the listing. The company is now preparing the prospectus and related filings. Market participants will assess investor appetite for the hospitality sector. PRISM has indicated it may pursue additional filings after the IPO. The development could reshape funding dynamics for OYO’s operations.