India, June 3 -- Prism, the parent firm of global travel tech unicorn Oyo, has secured clearance from markets regulator Sebi to raise Rs 6,650 crore through its initial public offering (IPO), people familiar with the development said on Tuesday.

The proposed public offering is expected to value the company at $7-8 billion, they added. Oyo's parent entity Prism, filed the preliminary IPO papers with Sebi in December 2025 through the confidential route.

The filing followed shareholders' approval at an Extraordinary General Meeting (EGM) held on December 20, 2025, where the company received consent to raise up to Rs 6,650 crore through a fresh issue of equity shares.

Prism opted for the confidential pre-filing route, which allows the comp...