OYO IPO: 7 Must-Know Details – GMP, Allotment & Listing Date

April 5, 2026 Navya

Spread the love

TL;DR: OYO IPO Details are among the most searched topics in the Indian startup and stock market space in 2026. After two failed attempts to go public, OYO – through its parent company PRISM (formerly Oravel Stays Ltd) – has taken a decisive third shot at an IPO. The company filed a confidential Draft Red Herring Prospectus (DRHP) with SEBI in January 2026, targeting a fundraise of ₹6,650 crore at an estimated valuation of $7-8 billion.

With a strong financial turnaround – posting its first full-year profit in FY24 and accelerating growth in FY25 – OYO’s upcoming public listing is being closely watched by retail and institutional investors alike. This article covers everything you need to know: IPO dates, allotment status, listing date, GMP, DRHP details, subscription status, how to invest, risks, and FAQs.

Table of Contents

OYO IPO Details

OYO IPO details show as this is one of the most anticipated startup listings of 2026. Here is a comprehensive snapshot:

IPO Detail	Information
Company Name	PRISM (Parent of OYO Hotels & Homes)
IPO Size	₹6,650 crore (Fresh Issue) + OFS Component
Price Band	To Be Announced
Lot Size	To Be Announced
IPO Open Date	To Be Announced
IPO Close Date	To Be Announced
Listing Exchange	BSE & NSE
Registrar	Link Intime India Private Limited
Lead Managers	ICICI Securities, Axis Capital, Goldman Sachs, Citibank, JM Financial, Jefferies
Valuation Target	$7-8 Billion (~₹71,000 Crore)
DRHP Filing Date	January 1, 2026 (Confidential Route)
Expected Listing Year	2026 (H1/H2 subject to SEBI approval)
Promoter	Ritesh Agarwal
Key Shareholder	SoftBank Group

About OYO / PRISM

OYO IPO is being launched by its parent holding entity PRISM, which was formerly known as Oravel Stays Ltd. OYO was founded in 2013 by Ritesh Agarwal and is today one of India’s largest hospitality technology companies. It operates a massive network of hotels, vacation homes, and living spaces across India, Europe, Southeast Asia, the US, and the Middle East.

Key Products and Services:

OYO Rooms
OYO Townhouse
OYO Homes and Vacation Homes
OYO Life
SilverKey / Capital O / Palette (premium segment)

OYO operates with an asset-light model – it does not own the properties but instead aggregates, brands, and digitally enables them. The company currently serves over 100 million customers globally and has over 20,000 hotels in its network.

IPO Objective – What Will OYO Do With the Funds?

The proceeds from the OYO IPO are expected to be used for:

Debt repayment – OYO has over ₹7,000 crore in debt as of FY25-end. A significant chunk of IPO proceeds will go toward clearing this.
Business expansion – Adding new hotel properties, particularly in the premium segment and US market.
General corporate purposes – Working capital and operational expenses.

OYO IPO Allotment Status

OYO IPO Allotment Status will be declared by the registrar, Link Intime India Private Limited, after the IPO subscription window closes. Since the IPO dates are not yet announced, the allotment date is also pending. Once the IPO opens and closes, the allotment is typically finalised within 6 business days.

How to Check OYO IPO Allotment Status on Link Intime

Once declared, you can check your allotment status here: Link Intime IPO Allotment Status Portal

Steps to check on Link Intime:

Visit the Link Intime allotment status page.
Select the IPO name from the dropdown – “PRISM (OYO IPO)”.
Choose your search type: PAN Number, Application Number, or Demat Account Number.
Enter the required details.
Click Submit.
Your allotment status will be displayed on the screen.

Note: Allotment status is typically available from the basis of allotment date. If shares are not allotted, the refund is initiated within 2 business days of the allotment date.

You can also check the allotment status via BSE’s official portal: BSE IPO Allotment Status.

OYO IPO Listing Date

OYO IPO Listing Date is expected in 2026, subject to SEBI approval and market conditions. Since the DRHP was filed confidentially on January 1, 2026, and SEBI typically takes 30-75 days to review and respond, the listing could occur in the first half or second half of 2026.

Expected Timeline

Event	Expected Timeline
DRHP Filed with SEBI	January 1, 2026
SEBI Observation Letter	Q1-Q2 2026 (Estimated)
IPO Open/Close Dates	To Be Announced
Basis of Allotment	T+6 Days from IPO Close
Share Credit to Demat	T+1 after Allotment
Listing on BSE & NSE	To Be Announced (Expected 2026)

Important: The listing date will be confirmed only after SEBI approves the DRHP and the company announces the final RHP (Red Herring Prospectus) with price band details. Investors should bookmark the official SEBI website and BSE IPO page for live updates.

OYO’s parent entity PRISM is targeting a market debut sometime in 2026, following continued EBITDA-positive performance through 2025.

OYO IPO GMP

OYO IPO GMP(Grey Market Premium) reflects the unofficial market’s expectation of where the stock will trade relative to its issue price. As of current reports, the OYO IPO GMP is approximately ₹13 per share, indicating mild bullish sentiment among investors in the grey market.

Understanding GMP

GMP is the extra price at which IPO shares are traded in the unofficial grey market before the IPO officially lists.
A positive GMP signals demand; a negative GMP signals weak investor sentiment.
GMP is not regulated and should not be the sole basis of an investment decision.

OYO IPO GMP at a Glance

Parameter	Details
Current GMP	~₹13 per share (indicative)
Expected Price Band	Above ₹55-₹58 per share (estimated)
Benchmark Share Price (banker estimate)	~₹70 per share
GMP Sentiment	Mildly Bullish

Disclaimer: GMP is highly speculative and changes daily. It tends to rise significantly once the IPO is oversubscribed. Track only official and reliable GMP sources and do not make investment decisions based on GMP alone.

GMP becomes more meaningful and active only after the Red Herring Prospectus (RHP) and the official price band are declared.

OYO IPO DRHP

OYO IPO DRHP (Draft Red Herring Prospectus) was filed confidentially with SEBI by OYO’s parent company PRISM on January 1, 2026. This is OYO’s third attempt at going public, after withdrawing earlier filings in 2021 and 2024.

DRHP Filing History

Year	Event
October 2021	First DRHP filed with SEBI
January 2023	SEBI returned the DRHP citing concerns
March 2023	Refiled with reduced issue size of $400-600 million
May 2024	Second withdrawal due to weak market conditions & private funding round
December 20, 2025	Shareholders approved ₹6,650 crore IPO at EGM
January 1, 2026	Confidential DRHP filed with SEBI (Third Attempt)

Key Highlights from the DRHP

Issue Size: ₹6,650 crore (Fresh Issue) + Offer for Sale (OFS) component
Valuation: $7-8 billion (approximately 25-30x EBITDA multiple)
Use of Proceeds: Primarily debt repayment and expansion
Filing Route: Confidential Pre-filing Route
Book Running Lead Managers: ICICI Securities, Axis Capital, Goldman Sachs, Citibank, JM Financial, Jefferies
Financials Highlighted: 12 consecutive EBITDA-positive quarters, FY25 PAT of ₹244.8 crore

You can access the final prospectus once published on the official SEBI website: SEBI DRHP & IPO Documents.

OYO IPO Subscription Status

OYO IPO Subscription Status will be updated in real time once the IPO opens for bidding. Since the IPO has not yet opened, the subscription data is not available.

Reservation of Shares (Expected Category Breakdown)

Investor Category	Reservation
Qualified Institutional Buyers (QIB)	50% of net offer
Non-Institutional Investors (NII/HNI)	15% of net offer
Retail Individual Investors (RII)	35% of net offer

Expected Lot Size & Minimum Investment

Category	Lot Size	Approximate Investment
Retail (Min)	1 Lot (255 shares*)	~₹14,800*
Retail (Max)	13 Lots	~₹1,90,000*
Small HNI (Min)	14 Lots	~₹2,01,000*

*These are estimates based on pre-IPO data and may change once the final price band is announced.

Where to Track: Once the IPO opens, live subscription data will be available on NSE’s IPO subscription page and BSE’s IPO page.

How to Check IPO Allotment Status?

Once the OYO IPO Allotment Status is declared, investors can check it through multiple platforms:

Method 1: Link Intime (Official Registrar)

Go to Link Intime’s allotment portal.
Select the company name (PRISM/OYO IPO).
Choose your identifier: PAN, Application No., or Demat Account.
Enter your details and click Submit.

Method 2: BSE Website

Visit BSE IPO Status Page.
Select the issue type as “Equity.”
Select the IPO name.
Enter your application number and PAN.
Submit to view allotment status.

Method 3: NSE Website

Go to NSE’s IPO allotment page.
Navigate to the IPO section.
Select the OYO IPO.
Enter PAN and application details.

Method 4: UPI App / Bank Net Banking

If you applied via UPI, your bank’s mobile app will also reflect the allotment status under the mandate/UPI section once the IPO is processed.

Method 5: Demat Account

Log in to your demat account. Allotted shares are credited directly to your demat account by the T+1 date after allotment.

What Happens After IPO Allotment?

After the OYO IPO allotment is finalised, here is what happens step by step:

1. Allotment Finalised The registrar (Link Intime) finalises the basis of allotment, which is usually 6 business days after the IPO closes.

2. Refund Initiation If you did not receive an allotment or received a partial allotment, the refund of the blocked amount (ASBA) or UPI mandate is released within 2 business days.

3. Share Credit to Demat Account Allotted shares are credited to your demat account 1 day after the allotment date (T+1).

4. Listing on Stock Exchanges OYO IPO listing will happen on both BSE and NSE. Trading begins from 10:00 AM on the listing day.

5. You Can Buy or Sell Once listed, retail investors can sell their shares from 10:00 AM on the listing day at the prevailing market price.

6. Lock-In for Anchor Investors Anchor investors who participated in the pre-IPO anchor round are subject to a lock-in period (typically 30-90 days).

How to Invest in the OYO IPO?

Investing in the OYO IPO is straightforward once it opens for subscription. Here is a step-by-step guide:

Step 1: Open a Demat and Trading Account

You need a valid demat account with any registered depository participant (DP) in India. If you do not have one, open it with any SEBI-registered broker before the IPO opens.

Step 2: Arrange for Funds

Ensure your bank account linked to your demat account has sufficient funds for the IPO application.

Step 3: Apply via UPI or ASBA

Via UPI:

Log in to your broker’s app.
Go to the IPO section and select OYO IPO.
Enter the lot size, price, and your UPI ID.
Submit the application.
Approve the UPI mandate in your UPI app (Google Pay, PhonePe, BHIM, etc.).

Via ASBA (Application Supported by Blocked Amount):

Log in to your bank’s net banking portal.
Navigate to the IPO application section.
Select OYO IPO and fill in the application details.
Submit. The amount is blocked (not debited) until allotment.

Step 4: Check Application Status

After applying, track your application status through your broker’s platform or the registrar’s portal.

Step 5: Allotment and Listing

Wait for the allotment date. If allotted, shares are credited to your demat account before the listing date.

Note: Apply at the cut-off price to maximise your chances of allotment. Applying at a lower price in a heavily subscribed IPO may result in rejection.

Risks and Challenges for Investors of OYO IPO

While the OYO IPO presents an attractive opportunity given the company’s financial turnaround, investors must be aware of the following key risks:

1. High Debt Burden: OYO/PRISM had over ₹7,000 crore in debt as of FY25-end. Even if IPO proceeds partially repay this, the debt load remains a concern for profitability.

2. Profitability Track Record: OYO has been profitable for only 2 years (FY24 and FY25). The company has a long history of losses since its founding in 2013, and sustained profitability is yet to be proven across business cycles.

3. High Valuation: The $7-8 billion target valuation implies an extremely high P/E ratio relative to established global hospitality companies. Analysts have flagged that this valuation may not be justified given OYO’s current profit levels.

4. Intense Competition: OYO faces stiff competition from Airbnb, MakeMyTrip, hotel chains, and other hospitality platforms globally. Market share gains are not guaranteed.

5. Business Model Dependency: OYO’s asset-light model means it does not control property quality directly, which can lead to inconsistent guest experiences and patron churn.

6. Legal and Regulatory Risks: OYO has ongoing litigation, including proceedings before the Competition Commission of India (CCI) related to matters involving Zostel. Adverse outcomes could impact the business.

7. Third-Party Dependency: OYO depends on hotel patrons (property owners) for its supply. Any breakdown in these relationships can affect listings and revenue.

8. Global Economic Headwinds: A global slowdown, travel restrictions, or similar macro events (like the COVID-19 pandemic) can significantly impact occupancy rates and revenue.

9. SoftBank’s Influence: SoftBank holds approximately 48% of OYO. Its decisions regarding stake sales or company strategy can significantly influence the stock post-listing.

10. Market Timing Risk: IPO markets can be volatile. An unfavourable listing environment could result in listing below the issue price.

Important: Always consult a SEBI-registered financial advisor before investing. Past financial performance is not a guarantee of future returns.

Conclusion – OYO IPO Details

OYO IPO key highlights at a glance:

OYO IPO is being launched by its parent company PRISM (formerly Oravel Stays Ltd), marking its third attempt to go public.
OYO IPO DRHP was confidentially filed with SEBI on January 1, 2026, targeting a fundraise of ₹6,650 crore.
OYO IPO valuation is set in the range of $7-8 billion, translating to approximately ₹71,000 crore market capitalisation.
OYO IPO listing date is expected in 2026 (H1/H2), subject to SEBI approval and market conditions.
OYO IPO GMP currently stands at approximately ₹13 per share, reflecting mild positive sentiment.
OYO IPO subscription status and allotment date will be announced once the IPO opens – watch the BSE and NSE portals for live updates.
OYO IPO allotment status can be checked via Link Intime’s official portal once declared.
OYO’s financials show strong momentum: FY25 revenue of ₹6,463 crore (up 20% YoY), PAT of ₹244.8 crore, and 12 consecutive EBITDA-positive quarters.
OYO IPO risks include high debt, aggressive valuation, and a short profitability track record that investors must carefully evaluate.

Overall, the OYO IPO represents one of India’s most high-profile startup listings of 2026, and investors should monitor SEBI updates and official announcements closely before making any investment decision.

FAQ – OYO IPO Allotment Status

1. Has the OYO IPO opened for subscription yet?

No, the OYO IPO has not yet opened for subscription. As of April 2026, PRISM (OYO’s parent) has filed a confidential DRHP with SEBI and is awaiting regulatory approval. IPO dates will be announced post-SEBI clearance.

2. What is the OYO IPO Allotment Status today?

OYO IPO allotment status is not yet available since the IPO has not opened. Once the IPO closes, the allotment will be finalised within 6 business days. Investors can check the status on the Link Intime portal or BSE website.

3. Where can I check the OYO IPO Allotment Status?

You can check the OYO IPO allotment status on the Link Intime official portal or on the BSE and NSE websites by entering your PAN number, application number, or demat account number.

4. What is the OYO IPO Listing Date?

OYO IPO listing date has not been officially confirmed yet. The IPO is expected to list on BSE and NSE in 2026, following SEBI approval of the DRHP filed in January 2026.

5. What is the OYO IPO GMP (Grey Market Premium) today?

OYO IPO GMP is currently around ₹13 per share as per informal grey market estimates. This figure is indicative and will become more relevant once the official price band is announced. GMP should not be relied upon as the sole criterion for investment.

6. What is the OYO IPO issue size?

OYO IPO is a ₹6,650 crore fresh issue. The IPO may also include an Offer for Sale (OFS) component by existing shareholders. The total issue size could be higher once the final RHP is filed.

7. Who is the registrar for the OYO IPO?

The registrar for the OYO IPO is Link Intime India Private Limited, which manages the allotment process and handles investor queries related to allotment and refunds.

8. What is the OYO IPO DRHP about?

OYO IPO DRHP was filed confidentially with SEBI on January 1, 2026, by PRISM. It outlines the company’s financial performance, business model, use of proceeds (primarily debt repayment), and shareholder details. SEBI will issue an observation letter after reviewing the DRHP before the IPO can proceed.

9. What is the minimum investment required for the OYO IPO?

The expected minimum investment for retail investors is approximately ₹14,800 for 1 lot (255 shares), based on an estimated price band of ₹55-₹58 per share. Final figures will be confirmed in the official RHP.

10. Is OYO IPO a good investment?

OYO IPO comes with both potential and risk. The company has shown a strong financial turnaround with 12 consecutive profitable quarters and growing revenue. However, its high valuation, significant debt, and short profitability track record require careful consideration. Always consult a SEBI-registered financial advisor before investing.

11. What happens if I am not allotted shares in the OYO IPO?

If you do not receive an allotment, the blocked amount in your bank account (ASBA) will be unblocked, and the refund will be processed within 2 business days from the allotment date. No action is needed from your end.

12. Can I apply for the OYO IPO through my bank account?

Yes. You can apply for the OYO IPO through the ASBA facility available in your bank’s net banking portal. You can also apply via UPI through your broker’s trading app, using your UPI ID for payment authorisation.

Other Relevant Articles:

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please consult a SEBI-registered financial advisor before making investment decisions.