OYO owner: SoftBank holds 40.04% of parent Prism, with Ritesh Agarwal at 30.52%
OYO's parent Prism is owned by SoftBank (40.04%) and founder Ritesh Agarwal (30.52% in total). Its ₹6,650 crore IPO is a fresh issue with no offer for sale, and a pledge on Agarwal's holding company is disclosed.
OYO’s parent company, Prism, is owned mainly by SoftBank, which holds 40.04% through SVF India Holdings, and by founder Ritesh Agarwal, who holds 30.52% in total: 6.59% directly, 20.12% through RA Hospitality Holdings and 3.81% through Patient Capital Investments. The figures are on a fully diluted pre-issue basis from the updated draft prospectus filed on 30 June 2026 for a ₹6,650 crore IPO with no offer for sale, as reported by PTI. 12
Who owns OYO? Prism shareholding
| Shareholder | Stake |
|---|---|
| SoftBank (SVF India Holdings Cayman) | 40.04% |
| Ritesh Agarwal, direct | 6.59% |
| RA Hospitality Holdings (Cayman), tied to Agarwal | 20.12% |
| Patient Capital Investments, tied to Agarwal | 3.81% |
| Agarwal, total | 30.52% |
| Airbnb | 1.22% |
| Microsoft, Peak XV, Lightspeed, Greenoaks, Khazanah | Smaller stakes |
Some reports quote 26.71% for Agarwal, which counts only his direct holding and RA Hospitality (6.59% plus 20.12%) and leaves out Patient Capital. The company has 81,848 shareholders in all. 234
Why is SoftBank the largest owner?
SoftBank invested heavily in OYO, which was founded by Agarwal in 2012 at age 18 as a budget-hotel aggregator, and its 40.04% is bigger than the founder’s. The company renamed its parent from Oravel Stays to Prism ahead of the IPO. Previous IPO attempts stalled partly because of SoftBank’s opposition, according to Nifty Trader’s summary. Our OYO company page covers the history. 456
What is the pledged stake?
The IPO papers show that 100% of RA Hospitality Holdings’ shares were pledged in September 2025 to secure a $150 million three-year term loan. The prospectus warns that a default could change the ownership of RA Hospitality and so affect Prism. The company also discloses a long-running dispute with Zostel Hospitality that could affect its shareholding structure. 78
What does the IPO change?
The IPO is a fresh issue of up to ₹6,650 crore, with ₹4,987 crore going to debt repayment, and an optional pre-IPO placement of up to ₹1,330 crore. Neither SoftBank, Agarwal, Microsoft, Airbnb, Peak XV, Lightspeed, Greenoaks nor Khazanah is selling, so their percentages will fall as new shares are issued. SEBI cleared the IPO on 2 June 2026, and the company is said to be targeting a valuation of $7 billion to $8 billion. 259
Is OYO profitable?
Prism reported a profit of ₹748 crore in its filing, and management has guided for a profit after tax target of ₹1,100 crore for FY26 on an unaudited basis. OYO operates in more than 35 countries and owns brands including Motel 6, Studio 6 and Belvilla. 210
What happens next
The company has begun an institutional roadshow and could finalise the price band later this year. The final prospectus will update every figure here. For other IPO-bound owners, read who owns PhonePe and who owns Swiggy.
Frequently asked questions
Who is the owner of OYO?
OYO’s parent, Prism, is owned mainly by SoftBank, with 40.04%, and founder Ritesh Agarwal, with 30.52% including his direct and indirect holdings.
What is Prism?
Prism, formerly Oravel Stays, is the parent company of OYO and its brands including Motel 6 and Studio 6.
Has the OYO IPO happened?
SEBI cleared the ₹6,650 crore IPO on 2 June 2026, and the company filed an updated draft prospectus on 30 June 2026. No listing date has been announced.
Are SoftBank and Ritesh Agarwal selling shares in the IPO?
Neither founder Ritesh Agarwal nor SoftBank is selling any shares in the IPO, which is a fresh issue only.
