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The Company That Isn't Selling — OYO's Zero-OFS IPO
OYO's zero-OFS IPO, and the case for a software business wearing a hotel uniform. A reading of Oravel Stays' ₹6,650 crore fresh issue: what the absence of an Offer for Sale signals, how an asset-light AI-run platform earns software-like margins inside hospitality, and where the real risks sit.
OYO's Updated DRHP: Inside India's Most Anticipated Hospitality IPO
After two failed attempts spanning five years, OYO — now operating under parent entity PRISM (formerly Oravel Stays Limited) — has cleared SEBI's gate for a third bid. A section-by-section reading of the 29 June 2026 UDRHP-I.
Nazeer v Noah [2024] DIFC ARB 011: The Limits of Raising Foreign Law Objections in Arbitration
Justice Rene Le Miere clarifies the waiver doctrine and the high threshold for public policy challenges in the DIFC. On 15 August 2024, Justice Rene Le Miere dismissed Nazeer’s application to set aside an arbitral award, ordering the Claimant to pay USD 132,000 in indemnity costs.