<ul><li>Oyo's parent company, Oravel Stays Ltd, is set to discuss IPO plans with bankers next week and aims for a valuation of $6-7 billion.</li><li>They are in talks with Indian and international banking institutions and may file their draft red herring prospectus between August and September 2026.</li><li>This will be Oyo's third attempt at going public after withdrawing IPO filings in 2022 and 2024.</li><li>Pressure to pursue an IPO is building on Oyo due to a potential deadline for loan repayment, with discussions about repayment extension linked to the IPO plan.</li></ul>

Oyo to meet bankers next week for third IPO attempt; eyes $5-7 billion valuation

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