Hospitality startup Oyo parent Prism has received approval from the Securities and Exchange Board of India (SEBI) for its proposed IPO worth ₹6,650 crore, Moneycontrol reported, citing sources. The proposed offering is expected to value the company at $7 billion to $8 billion, sources said. Prism had confidentially filed its draft red herring prospectus (DRHP) with SEBI in December 2025.