2 months ago
Prism's IPO Roadshow Highlights Acquisition Strategy
Prism, the company behind OYO, is getting ready for its big IPO.
They've been buying other companies to grow, like G6 Hospitality in the US and OVH in Europe.
But surprisingly, these big buys only make about 20% of their current profits.
The rest comes from how well they've combined these companies into their own system.
This has made them much more efficient and profitable.
For example, their earnings before taxes and other costs (EBITDA) more than doubled in the last nine months.
They now have a huge network of hotels and homes all over the world, especially in the US and Europe.
This IPO is a big step for Prism to raise money and grow even more.
Prism's IPO roadshow highlights its acquisition strategy, with two major deals contributing only 20% of current profitability.
Integration of acquired businesses drives 80% of Prism's current earnings.
Prism's US business, acquired through G6 Hospitality, is a key growth driver, contributing 52.39% of global GBV.
Prism's financial performance improved significantly, with EBITDA more than doubling to Rs 2,127 crore in nine months.
Prism operates 43 brands across 35+ countries with a network of 24,303 hotels and 144,583 listings.
- Who
- Prism, the parent company of OYO
- What
- Prism's IPO roadshow highlights its acquisition and integration strategy
- Where
- Global operations across 35+ countries
- When
- Roadshows begin this week; IPO filing in late June 2025
- Why
- To present business strategy, financial performance, and growth plans to institutional investors
Acquisition Strategy
Integration Strategy
Contribution to Profitability
Acquisition Strategy
Two mega-deals contribute only about 20% of current profitability.
Integration Strategy
Integration of acquired businesses drives the remaining 80% of profitability.
Operational Improvements
Acquisition Strategy
Acquisitions provide immediate scale in key international markets.
Integration Strategy
Operational improvements post-integration significantly enhance financial performance.
Key facts
- IPO Size
- Rs 6,650 crore
- Key Acquisitions
- G6 Hospitality (2024), OVH (2019)
- Current EBITDA
- Rs 2,800 crore (FY26)
- Global Gross Booking Value (GBV)
- Rs 22,946 crore (9 months ended Dec 31, 2025)
- US GBV
- Rs 12,022.51 crore (first nine months of FY26)
- European Properties
- 269,251 (as of Dec 31, 2025)
- Number of Brands
- 43 brands across 35+ countries
- Hotel Network
- 24,303 hotels, 124,668 homes, 144,583 listings










