# SEBI

Type: organization

Source: Startup Intelligence Brief — https://getstartupbrief.com/entity/sebi
Canonical HTML page: https://getstartupbrief.com/entity/sebi

## Timeline

- **2026-06-30**: Updated DRHP Filed — Public filing of updated draft red herring prospectus for Rs 6,650 crore fresh issue IPO.
- **2026-06**: SEBI Approval — SEBI approved the IPO proposal earlier this month.
- **2026-03-18**: Expected Listing — Anticipated date for the companies to debut on the NSE and BSE.
- **2026-03-12**: Subscription Close — Final day for investors to bid on the week's IPO offerings.
- **2026-03-09**: Subscription Open — Bidding begins for the first wave of mainboard and SME issues.
- **2026-03-08**: Market Preview — Analysts identify five upcoming IPOs and begin tracking Grey Market Premiums.
- **2026-02-20**: Market Rebound Confirmed — Indices stabilize at pre-jitter levels as the 'IPO frenzy' gains mainstream momentum.
- **2026-02-15**: IPO Filing Surge — Three major fintech unicorns announce intentions to list, signaling a return of the primary market.
- **2026-02-12**: Indian Market Bottoms — Domestic indices hit a 3-month low before a sharp reversal led by banking and tech sectors.
- **2026-02-05**: Global Volatility Spikes — US Federal Reserve comments trigger a sell-off in global tech stocks, impacting emerging markets.
- **2025-12**: Confidential DRHP Filing — PRISM submitted confidential draft papers to SEBI for the current IPO.
- **2025-09**: Name Change to PRISM — Oravel Stays rebranded to PRISM to reflect global portfolio across stays and co-working.
- **2024**: G6 Hospitality Acquisition — Acquired Motel 6 and Studio 6 brands from Blackstone for US expansion.
- **2023**: Confidential DRHP Pre-filed — Company pre-filed draft IPO papers but did not proceed with the public issue.
- **2021-09**: First DRHP Filed — OYO filed a $1.2 billion IPO at an $11-12 billion valuation, later postponed due to market conditions.

## Recent coverage (5 stories)

### After 3 IPO Attempts, OYO Parent PRISM Eyes $7-8 Bn Valuation
2026-06-30 06:41:30 · Sentiment: Bullish · Impact: 7/10 · Sources: 2

PRISM, having raised $3.7 billion and pivoted to profitability, files its third IPO attempt at a $7-8 billion valuation—down from $11-12 billion. SoftBank retains 40% as the company seeks to go public without investor exits.
Full story: https://getstartupbrief.com/story/prism-ipo-startups-journey

### Temasek-Backed Manipal Health Files for Landmark Indian Healthcare IPO
2026-03-24 16:57:52 · Sentiment: Bullish · Impact: 6/10 · Sources: 2

Manipal Health Enterprises has officially filed its Draft Red Herring Prospectus (DRHP) with SEBI, marking a significant milestone for the Temasek-backed hospital chain. The IPO is expected to be one of the largest in the Indian healthcare sector, providing a partial exit for institutional investors while fueling further expansion.
Full story: https://getstartupbrief.com/story/manipal-health-enterprises-drhp-ipo-temasek

### Dalal Street's IPO Boom: Debt Repayment Overtakes Growth as Primary Driver
2026-03-18 02:03:32 · Sentiment: Bearish · Impact: 6/10 · Sources: 2

Nearly 25% of funds raised in recent Indian IPOs are being used to settle corporate debt rather than fund expansion. This shift reflects a cautious approach by new market entrants to fortify balance sheets amid high interest rates.
Full story: https://getstartupbrief.com/story/dalal-street-ipo-debt-repayment-trend

### India's Primary Market Braces for 5 IPOs Amid Shifting Grey Market Sentiment
2026-03-08 06:23:24 · Sentiment: Neutral · Impact: 6/10 · Sources: 2

India's equity markets are preparing for a high-volume week with five initial public offerings scheduled to open for subscription. The slate includes four mainboard issues and one SME listing, though fluctuating Grey Market Premiums suggest a cautious approach from investors.
Full story: https://getstartupbrief.com/story/india-ipo-market-march-2026-analysis

### India’s IPO Engine Ignites as Domestic Markets Defy Global Volatility
2026-02-20 13:32:27 · Sentiment: Bullish · Impact: 6/10 · Sources: 2

Indian equity markets have staged a resilient recovery despite macroeconomic headwinds in Western markets, fueled by a surge in high-profile tech IPOs. This decoupling highlights the growing depth of India's domestic capital pool and renewed investor confidence in the startup ecosystem.
Full story: https://getstartupbrief.com/story/india-market-rebound-ipo-frenzy-2026

---
This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getstartupbrief.com/guides/methodology for the full editorial methodology.