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
- 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
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:
- Adani Ports & Special Economic Zone
- Yanzhou Coal Mining Company Limited H
- Vedanta Resources
- Indika Energy
- Pakuwon Jati
and more…
Before it’s here, it’s on Smartkarma