OYO IPO 2026: Filing Status, IPO Date, Price Band and Latest Updates

As of 2 October 2026, the latest public OYO IPO document identified is Oravel Stays Limited’s UDRHP-I, dated 29 June 2026 and published by SEBI on 30 June 2026. The IPO is not shown as open in the evidence reviewed through the cutoff. No authoritative opening date, price band or lot size was identified in that review.

The draft proposes a fresh issue of up to ₹6,650 crore, with no sale of existing shareholders’ shares through the offer. Management’s September statement referred to a hoped-for launch during FY2026–27; it did not confirm a calendar-2026 IPO date.

Sources: SEBI’s 30 June filing record, draft abridged prospectus and PTI’s 9 September management report. The dated status review also covered company disclosures and selected offer-participant records, as outlined below.

OYO IPO Status as of 2 October 2026

Sources: documented milestones and proposed terms come from the 29 June UDRHP-I, SEBI’s 30 June publication record and FY2025–26 annual report. The pending rows reflect the review through 2 October 2026, including the company IPO kit and selected Goldman Sachs, Axis and InCred records. Some exchange and regulator registers could not be fully accessed; these findings do not establish that no later document or private transaction exists.

OYO is the familiar brand, while the current official IPO and shareholder documents reviewed identify Oravel Stays Limited as the legal issuer. PRISM is used as umbrella branding, but the reviewed evidence does not establish a completed legal rename of the issuer to PRISM.

Has OYO Filed Its DRHP? The Exact 2025–26 IPO Timeline

Yes. Oravel Stays filed a confidential PDRHP on 30 December 2025 and subsequently filed the public UDRHP-I. The confidential filing, SEBI observations and public updated draft are separate milestones.

Sources: Oravel Stays UDRHP-I — authorisations and material-document register, FY2025–26 annual report — IPO and secretarial-report sections, and SEBI publication record, 30 June 2026.

A PDRHP is a pre-filed draft red herring prospectus submitted through SEBI’s confidential route. UDRHP-I means Updated Draft Red Herring Prospectus-I, the public draft that follows that process. A UDRHP-II incorporates changes following public comments, if any.

A red herring prospectus (RHP) is a later offer document filed with the Registrar of Companies before the IPO opens. It is distinct from the current public draft and need not contain the final issue price. See the UDRHP-I definitions and SEBI’s offer-document explanation.

The 2 June 2026 SEBI observation date comes from the UDRHP-I’s material-document register, which identifies the letter’s date and reference. It is different from later news-report publication dates. The standalone observation letter was not inspected separately.

Similarly, 29 June and 30 June are not conflicting dates: the UDRHP-I is dated/filed 29 June, while SEBI’s public filing page is dated 30 June.

SEBI observations should not be read as an investment endorsement or as a guarantee that the IPO will open on a particular date. Later offer documents and dated offer notices are still needed for the final application terms.

What happened to OYO’s earlier IPO attempts?

Older search results can show very different OYO IPO figures because they refer to superseded attempts. SEBI has a public record for an earlier Oravel DRHP in October 2021; PTI later reported that those papers were returned for updates in December 2022. A separate confidential attempt was received by SEBI in March 2023 and withdrawn in May 2024.

Those historical structures should not be carried into the current 2026 offer. The relevant current document is the June 2026 UDRHP-I.

Historical sources: SEBI’s October 2021 Oravel filing record, PTI/Moneycontrol on the December 2022 return, and SEBI’s historical processing archive.

What Is the Current OYO IPO Issue Size and Structure?

The current UDRHP-I proposes a fresh issue of up to ₹6,650 crore, with no OFS in the inspected draft. This is the proposed maximum, not money already raised or a guaranteed final issue size. A fresh issue creates new shares and raises money for the company; an offer for sale involves existing shareholders selling their shares and receiving the proceeds. SEBI’s investor booklet explains the distinction.

Sources: proposed offer terms from the UDRHP-I and draft abridged prospectus. Placement completion is a separate finding of the 2 October review described beneath the status table.

Other share allotments, conversions, employee stock-option issuances or private transactions do not establish completion of this specific pre-IPO placement.

How does OYO plan to use the IPO proceeds?

The draft proposes to use ₹4,987.5 crore for investment into Oravel Stays Singapore Pte. Ltd., which would use the funds to repay or prepay certain borrowings, including related prepayment penalties and accrued interest. The balance is proposed for general corporate purposes.

This is a proposed use of future proceeds, not evidence that the specified borrowings have already been repaid.

Source: Oravel Stays UDRHP-I — Objects of the Offer.

Is the OYO IPO Date, Price Band or Lot Size Confirmed?

No authoritative OYO IPO opening or closing date, price band, lot size, minimum application amount or final listing date was identified in the sources reviewed through 2 October 2026. The same review did not identify a post-30 June UDRHP-II, RHP or final prospectus.

The draft abridged prospectus shows a ₹1 face value per equity share. Face value is not the IPO price and cannot be used to infer the price band.

The UDRHP-I cover provisions state that the price band and minimum bid lot will be decided and advertised later, at least two working days before the issue opens. Check the title and date inside any linked document: a webpage’s “RHP” label alone does not establish its stage.

Readers looking for the current OYO unlisted share price or transaction details should use Unlisted Valley’s dedicated OYO unlisted-share service page. A private-market quote is separate from any future IPO price band.

What Does OYO’s FY2026–27 IPO Target Mean?

A September 2026 management statement indicates an aim to launch the IPO during FY2026–27, but it does not confirm a 2026 opening or listing date.

PTI reported on 9 September 2026 that Ritesh Agarwal hoped to launch the IPO in the current financial year and that pricing would be assessed before launch. In India, FY2026–27 runs through 31 March 2027, so a fiscal-year target is not the same as a promise to launch by December 2026.

Source: PTI / ET HospitalityWorld, 9 September 2026.

Does the 12 October 2026 Extraordinary General Meeting Change the IPO Status?

Not by itself. Oravel Stays’ notice dated 19 September 2026 schedules an extraordinary general meeting (EGM) for 12 October 2026 at 5:30 pm IST, but the meeting is still in the future at this article’s 2 October evidence cutoff.

The sole special-business proposal is to increase the company’s authorised share capital and make the consequential amendment to its Memorandum of Association. In nominal terms, the proposed increase in authorised capital is ₹3,240 crore.

Authorised share capital is the legal ceiling on how much share capital a company may issue; it is not the same as shares already issued or cash already raised. The full notice reviewed does not explicitly say that the proposal triggers the IPO opening, confirms the ₹1,330 crore placement, files an RHP or sets a price band or offer date.

Source: Oravel Stays EGM notice dated 19 September 2026.

Does the Zostel Dispute Affect the OYO IPO?

The dispute remains relevant risk context, but the reviewed evidence does not establish a current definitive order halting the IPO.

The UDRHP-I discloses that an adverse, non-appealable outcome in the Zostel matter could require the issue or transfer of up to 7% of the company’s shareholding, or an equivalent monetary value. That is a conditional risk disclosure, not a current awarded 7% stake.

Reports in July and August 2026 described the withdrawal of interim applications connected with the dispute. Withdrawal of those applications does not establish that the underlying dispute is over. Its latest final outcome was not independently verified through the 2 October cutoff, so the reported withdrawals should not be read as a legal all-clear.

Sources: Oravel Stays UDRHP-I risk disclosures, Business Standard, 8 July 2026, NDTV Profit, 10 July 2026, Economic Times, 10 August 2026, and LawBeat, 11 August 2026.

What Should Investors Watch for Next?

The OYO IPO status should change only when a new document or official event supplies new evidence. The most useful next checkpoints are:

1. A newer public draft, UDRHP-II, RHP or final offer document, as applicable.
2. An official price-band and opening notice stating the application dates, band and minimum bid lot.
3. A specific disclosure that the proposed pre-IPO placement has been completed, including its effect on the fresh issue.
4. The 12 October 2026 EGM result, once the meeting has occurred.
5. An exchange admission or listing notice establishing the final listing event.

Sources

Evidence reviewed through 2 October 2026. Principal sources:

• SEBI / offer documents: Oravel Stays Limited UDRHP-I, dated 29 June 2026, SEBI filing page published 30 June 2026, and draft abridged prospectus.
• Document and offer terminology: SEBI ICDR FAQs, updated 15 May 2025 — Types of Offer Documents, and SEBI securities-market investor booklet — fresh issue and offer for sale.
• Company disclosures: Oravel Stays FY2025–26 Annual Report, and 12 October 2026 EGM notice dated 19 September 2026.
• Management target: PTI / ET HospitalityWorld, 9 September 2026.
• Historical filing context: SEBI 2021 Oravel filing record, PTI / Moneycontrol, 3 January 2023, and SEBI historical processing archive.
• Zostel context: primary risk disclosure in the UDRHP-I plus Business Standard, 8 July 2026, NDTV Profit, 10 July 2026, and Economic Times, 10 August 2026.

Disclosure

Unlisted Valley facilitates unlisted-share transactions and has a commercial interest in related enquiries. This article is for informational purposes and is not a recommendation to buy or sell OYO / Oravel Stays shares. An IPO, its timetable, price, listing, liquidity or returns are not guaranteed. The status assessment above is limited to the public evidence reviewed through 2 October 2026.