Daily BriefsIndia

India: Oyo, Lenovo and more

In today’s briefing:

  • Oyo Pre-IPO – The Negatives – Muddied by Controversies and Operates a Cash Burning Machine
  • Weekly Wrap – 27 May 2022

Oyo Pre-IPO – The Negatives – Muddied by Controversies and Operates a Cash Burning Machine

By Clarence Chu

  • Oyo (1698548D IN) is looking to raise around US$700m in its upcoming India IPO. The IPO will consist of both a primary and secondary portion.
  • Oyo runs a digital platform that serves as a hotel and home aggregator between patrons, which include owners and lessors, and customers, such as travelers and guests booking for accommodation.
  • The firm’s business remains far from being profitable and is running on a cash-burning model. Also, it’s listing is muddied by a host of controversies in the past and present. 

Weekly Wrap – 27 May 2022

By Charles Macgregor

Lucror Analytics Weekly Wraps provide an overview of all Morning Views comments and reports published by our analyst team in the past week, and also showcase a list of the most-read reports.

In this Insight:

  1. Adani Ports & Special Economic Zone
  2. Yanzhou Coal Mining Company Limited H
  3. Vedanta Resources
  4. Indika Energy
  5. Pakuwon Jati

and more…


Before it’s here, it’s on Smartkarma