Equity Analyst, LightStream Research

Oshadhi Kumarasiri

An equity research analyst with over 7 years of experience in multiple sectors. Previously worked for one of the world's largest asset managers with about USD2.5trn in AUM, covering small and micro-cap companies in the consumer sphere across Europe and developed Asia. Also experienced in covering multiple industries including banking, insurance and asset management, retail, tech, telco and REIT.

Equity Analyst

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Equity Capital Markets

<ul>
<li>Having been forced to delay its IPO due to a legal battle with Zostel, Oyo has revived its IPO plans with an updated filing with SEBI on 19th Sept 2022.</li>
<li>Considering the legal issues and <a href="https://www.smartkarma.com/entities/oyo-pvt-ltd" target="_blank" data-smartkarma-citation="entities:28861:1" rel="noopener">Oyo (1698548D IN)</a>’s financial conditions, it is hard to imagine that SEBI would wave the green flag to Oyo’s IPO.</li>
<li>If Oyo manages to beat the odds, this IPO could extend Oyo's lifespan by a few more years. Nevertheless, we would still bet on Oyo to go down in mediumn-term.</li>
</ul>


Having been forced to delay its IPO due to a legal battle with Zostel, Oyo has revived its IPO plans with an updated filing with SEBI on 19th Sept 2022.
Considering the legal issues and Oyo (1698548D IN)’s financial conditions, it is hard to imagine that SEBI would wave the green flag to Oyo’s IPO.
If Oyo manages to beat the odds, this IPO could extend Oyo's lifespan by a few more years. Nevertheless, we would still bet on Oyo to go down in mediumn-term.


Oyo

Oyo IPO Update – On Its Last Legs