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Jan 23, 2025 | 
smartkarma.com | Arun George |Douglas Kim |Akshat Shah |Ke Yan
In today’s briefing: Guming Holdings (Good Me) IPO: The Bear Case TXR Robotics IPO Preview Dr Agarwal’s Healthcare Pre-IPO – Strong Revenue Growth Led by Expanding Network of Facilities Sichuan Biokin (百利天恒) H-Listing: Impressive Clinical Results so Far Continuum Green Energy Pre-IPO: ESG Friendly but Burning Prodigious Amounts of Cash Guming Holdings (Good Me) IPO: The Bear Case Guming Holdings (GUM HK) (Good me), a freshly-made tea store brand, is pre-marketing an HKEx IPO to raise US$300...
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Jan 10, 2025 | 
smartkarma.com | Sumeet Singh |Akshat Shah
In today’s briefing:Wuxi XDC Placement – A Repeat of Biologics Placement Saga, Last Deal Did WellLXJ International Holdings Pre-IPO TearsheetWuxi XDC Placement – A Repeat of Biologics Placement Saga, Last Deal Did Well WuXi AppTec (2359 HK) aims to raise around US$150m via selling around 3% stake in WuXi XDC Cayman (2268 HK).
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Dec 5, 2024 | 
smartkarma.com | Sanghyun Park |Douglas Kim |Sumeet Singh |Akshat Shah
In today’s briefing: LG CNS IPO Details Out: My Read on This IPO LG CNS IPO Preview MNC Solution IPO Book Building Results Analysis Vishal Mega Mart Pre-IPO – The Positives – One-Stop Shop Aditya Infotech Pre-IPO – Expanding Channel Network and Increased Production Capacity to Drive Sales Vishal Mega Mart Pre-IPO – The Negatives – No Online Presence, PE Overhang LG CNS IPO Details Out: My Read on This IPO The KRW 5T-6T valuation and 13x-16x PER look solid compared to local peers like SDS and...
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Nov 20, 2024 | 
smartkarma.com | Sumeet Singh |Akshat Shah |Andrei Zakharov |Xinyao Wang
In today’s briefing: FineToday Pre-IPO – The Positives – Established Brands Across Multiple Regions Zinka Logistics IPO Trading – Subdued Demand; Lags Recent Listings CiDi IPO Valuation Analysis: High Valuation Is Warranted Due To Unicorn Status/Hyper Growth Profile Pre-IPO Mokingran Jewellery Group (PHIP Updates) – Some Points Worth the Attention FineToday Pre-IPO – The Positives – Established Brands Across Multiple Regions CVC Capital is aiming to raise over US$500m, via selling some of its...
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Oct 11, 2024 | 
smartkarma.com | Arun George |Akshat Shah |Rosita Fernandes
In today’s briefing:Hyundai Motor India IPO: The Investment CaseMouri Tech Pre-IPO TearsheetVarindera Constructions Pre-IPO TearsheetMouri Tech Pre-IPO Tearsheet Mouri Tech Limited (MT IN) is planning to raise about US$179m through its upcoming IPO in India. The bookrunners for the deal are Nuvama Wealth, ICICI Securities, and JM Financial. Mouri Tech Limited (MTL) is a global IT solutions provider focused on intelligent enterprise resource planning (iERP) and digital transformation services.
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Oct 10, 2024 | 
smartkarma.com | Sumeet Singh |Nicholas Tan |Douglas Kim |Akshat Shah
In today’s briefing: Hyundai Motor India IPO – RHP Updates, Valuation Getting Tricky Akeso Placement – Opportunistic Raise, past Deal Record Has Been Mixed but Relative Size Is Small Swiggy Pre-IPO – The Negtives – Neither Food nor Quick Commerce Was the Largest Revenue Driver Zhou Liu Fu Pre-IPO – Capturing the Gold Rush Jiangsu Guofu Pre-IPO Tearsheet Sung Woo IPO Valuation Analysis Aditya Infotech Pre-IPO Tearsheet Ouch! nets US$1.2M to expand market share, drive insurance innovation | e27...
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Oct 8, 2024 | 
smartkarma.com | Douglas Kim |Devi Subhakesan |Arun George |Akshat Shah
In today’s briefing: Hyundai Motor India Sets IPO Price Range Hyundai Motor India IPO: Upsized Valuation Driven by Strong Investor Interest CR Beverage IPO: Valuation First-Look Orum Therapeutics IPO Preview Dr Agarwal’s Health Care Pre-IPO Tearsheet Cerebras IPO Valuation Analysis: A Sky-High Valuation Will Not Last For Long TNB Aura joins US$8M Series A round of EV charging operator Charge+ | e27 TailorTech bags funding for its off-grid power management solution | e27 Hyundai Motor India...
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Oct 4, 2024 | 
smartkarma.com | Akshat Shah
In today’s briefing:Schloss Bangalore Pre-IPO TearsheetSchloss Bangalore Pre-IPO Tearsheet Schloss Bangalore Ltd (SCHBL IN) plans to raise about US$600m in its India IPO. The deal will be run by BofA, MS, JPM, Kotak, Axis, Citi, IIFL,ICICI, JMF,Motilal and SBICaps. It is a luxury hospitality company which owns, operates, manages and develops luxury hotels and resorts under ‘The Leela’ brand, through direct ownership and hotel management agreements with third-party owners.
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Sep 30, 2024 | 
smartkarma.com | Akshat Shah |Sumeet Singh |Ke Yan |Shifara Samsudeen
In today’s briefing:Swiggy Pre-IPO TearsheetTokyo Metro IPO – Thoughts on ValuationTencent/Netease: One Approval for Tencent in SeptemberMidea HK Listing: Take ProfitHive Box Holdings Pre-IPO, Part 3: Hive Box Vs InPost Group: Similarities & (BIG) DifferencesIntermestic IPO – Digestible ValuationSwiggy Pre-IPO Tearsheet Swiggy (1255298D IN) Swiggy is looking to raise about US$1.25bn in its upcoming India IPO. The deal will be run by Kotak, Citi, Jefferies, Avendus, JPM, BofA and ICICI.
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Sep 26, 2024 | 
smartkarma.com | Nicholas Tan |Akshat Shah |Clarence Chu
In today’s briefing:MR. D.I.Y. Thailand Pre-IPO – Largest Home Improvement Retailer in ThailandSmartworks Coworking Spaces Pre-IPO – Healthy Revenue Growth Led by Strategic Capacity ExpansionRigaku IPO – The Negatives – Not Every Segment Has Been Performing; Has a Large Overhang as WellOswal Pumps Pre-IPO TearsheetMR.
