OYO IPO Key Risks: US Revenue Dependence, Zostel Lawsuit, AI Travel Agents, And More

Beyond the headline numbers — restated profitability in FY24 and FY25 after a loss in FY23, a borrower base spanning India, the US and Europe — the risk factors section of the DRHP runs to nearly a hundred pages and lays out a company whose revenue base, legal exposure and capital structure should be looked at.