OYO is boldly returning to the IPO arena with plans to go public in the fourth quarter of the current financial year, targeting a valuation between $6–7 billion. The global travel tech company has restarted conversations with both Indian and international investment banks, kicking off formal pitches after initial informal discussions in May. According to sources, OYO is considering filing its IPO draft between August and September this year, with the option to include either its FY25 audited results or wait until Q1 FY26 financials are ready. A key board meeting—featuring representatives from major investor SoftBank—is scheduled for June in London, where the final decision on the IPO strategy is expected. The revival of IPO plans comes on the back of a strong financial recovery, with OYO reportedly achieving a net profit of approximately ₹620 crore in FY25. With momentum building and shareholder support strong, OYO’s return to the public markets could become one of the most anticipated tech listings of the year.