OYO's third IPO bid clouded by mounting legal battles across US, Europe and India
OYO has filed its DRHP for a third listing attempt, but faces a thicket of legal exposure: US trafficking suits with $816.4 crore in damages, a Rs 1,690 crore promoter tax dispute, a Rs 168.8 crore CCI antitrust penalty, Zostel's 7% stake claim, and multiple European arbitrations.
OYO files DRHP for third IPO attempt while facing multiple legal battles: US trafficking lawsuits, CCI antitrust penalty, Zostel's 7% stake claim, European disputes, and a Rs 1,690 crore promoter tax dispute clouding its listing prospects.