OYO-parent PRISM files third IPO attempt seeking ₹6,650 Cr amid stacked legal risks
PRISM's draft filing for its third IPO try discloses ₹748.3 Cr net profit over 9M FY26 against material legal overhangs: a Zostel dispute threatening ~7% shareholding, US human trafficking suits, a ₹168.88 Cr CCI antitrust penalty, and a ₹16,900 Cr SoftBank promoter tax dispute.
OYO-parent PRISM files UDRHP for third IPO attempt, seeking ₹6,650 Cr fresh raise. Filing discloses material legal risks: Zostel dispute, US trafficking suits, CCI antitrust penalty, and SoftBank promoter tax dispute, amid ₹748.3 Cr 9M FY26 profit.