Documents for the ₹6,650 crore IPO of OYO's parent company, Prism Hotels and Resorts, point to several significant risks. These include a strong reliance on its global business for income and an active legal dispute with Zostel. Should OYO lose this case, it might need to provide or transfer as much as 7% of its shares to Zostel. Furthermore, the firm noted challenges with operational profits and keeping customers as important concerns.
by shortkt.com✓