Hospitality tech firm OYO is once again considering launching an initial public offering (IPO), according to two people familiar with the matter. After two unsuccessful attempts, the company will be restarting conversations with investment banks from next week, aiming for a public listing by the final quarter of the current financial year. As part of the early-stage preparations, OYO has begun reaching out to both domestic and international merchant banks, said the second person familiar with the matter.Preliminary talks suggest that the IPO could value the company at between $5 billion and $7 billion. “OYO is currently coordinating with Indian and global banks, and there are tentative plans to submit draft documents to the market regulator between August and September,” said the first person in the know. The company is still weighing whether to proceed with financial disclosures for FY25 or wait until audited results for the first quarter of FY26 are finalised.The Press Trust of India reported the development earlier on Tuesday. IPO plans renewed”There’s a broad consensus among shareholders and board members—including SoftBank—that the timing is right to revisit IPO plans, given the company’s rapid financial recovery and a projected net profit of around ₹620 crore in FY25,” said the first person with direct knowledge of the matter.OYO first filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) in October 2021. It aimed to raise ₹8,430 crore (approximately $1.2 billion) through a combination of fresh issuance and an offer for sale. However, the IPO was delayed due to market volatility. In 2023, OYO submitted a revised version of the DRHP, incorporating updated financials and making structural changes to the offering. This refiled draft was seen as a renewed attempt to proceed with its IPO plans. Nevertheless, the company withdrew this updated filing in May 2024. The current IPO discussions mark OYO’s third attempt to go public.Surge in OYO profitOYO reported a ₹623 crore profit in FY25. Revenue jumped 20% to ₹6,463 crore, and profit after tax surged 172% from the previous year, driven by strong growth in its premium hotel portfolio and global expansion.The renewed IPO initiative also comes at a time when OYO has resolved a key legal dispute. In May 2025, the Delhi High Court ruled in OYO’s favour in its long-running conflict with Zostel Hospitality, the parent company of ZO Rooms. The court set aside an earlier arbitral award, stating that there was no binding acquisition agreement between the two companies. It concluded that OYO did not breach any contractual obligations during the failed deal negotiations dating back to 2015. in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.
Is the third attempt going to be successful? OYO has resumed preliminary discussions with investment banks regarding its initial public offering (IPO) plans.
