A Look At PRISM’s Legal Battles

by · Inc42

SUMMARY

  • OYO-parent PRISM has set its sight to list on the Indian equities market for the third time
  • In its third IPO attempt, the Ritesh Agarwal-led company is looking at raising ₹6,650 Cr from the public markets while none of its existing shareholders are looking to offload any stake in the company
  • However, a closer look at the UDRHP brings to attention an extensive list of legal battles that the company is facing in the run up to its listings