New Delhi, May 27 -- 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 docume...