Overview

• Oyo has resumed consultations with domestic and international banks for its third IPO attempt, aiming to list in the last quarter of fiscal 2025-26 with a valuation of $6–7 billion.
• The hospitality platform plans to file its draft red herring prospectus between August and September 2025 while deciding whether to include audited FY25 results.
• A crucial board meeting with major shareholder SoftBank is set for June in London to finalise the IPO’s size and timeline.
• The company reported a 172 percent leap in net profit to INR 623 crore for FY25, up from INR 229 crore the previous year, reinforcing investor confidence after earlier listing withdrawals.
• Oyo has broadened its global footprint across India, the US, Europe and Southeast Asia and ventured into food and beverage services through in-house kitchens and QSR kiosks.