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1 week ago | 
smartkarma.com | Sudarshan Bhandari |Rosita Fernandes |Jesus Aguilar |Jesús Aguilar
In today’s briefing:#134 India Insight: EU 0% Auto Tariff; Warburg ₹800cr Bailout; PAG Plans ₹2.2kcr Nuvama Stake Sale#2 Leadership Bytes(08-Apr-25)IndiQube Spaces Pre-IPO – Capacity Has Been Expanding, Though Margins Remain UnstableClosing the Spread: Banking on AnimaAsia Real Estate Tracker (10-Apr-2025): Goodman investing $722M in Sydney data centre#2 Leadership Bytes(08-Apr-25) Bank of Maharashtra (BOMH IN) , Samvardhana Motherson International Ltd (MOTHERSO IN) and Cyient Ltd (CYL IN) .
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Jan 22, 2025 | 
smartkarma.com | Sanghyun Park |Rosita Fernandes |Douglas Kim |Angus Mackintosh
In today’s briefing: Unpacking the Backstory of HMM’s Value-Up Disclosure Today: Dividend Arbitrage Still in Focus Vikran Engineering Limited Pre-IPO – Capitalizing On Core Competencies But With Concentration Risks HMM: Material Improvement in Corporate Value Up Plan Grab Holdings (GRAB IJ) – New Fleets and Finance What’s News in Amsterdam – 22 January (Ahold Delhaize | InPost | PostNL | DHL) Unpacking the Backstory of HMM’s Value-Up Disclosure Today: Dividend Arbitrage Still in Focus HMM’s...
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Jan 14, 2025 | 
smartkarma.com | Rosita Fernandes |Xinyao Wang
In today’s briefing:IndiQube Spaces Ltd Pre-IPO TearsheetPre-IPO Jiangsu Hengrui Medicine – High Valuation Cannot Be JustifiedIndiQube Spaces Ltd Pre-IPO Tearsheet IndiQube Spaces Ltd (1628202D IN) (ISL) is looking to raise about US$100m in its upcoming India IPO. The bookrunners for the deal are ICICI and JM fin. IndiQube Spaces Limited (ISL) is a managed workplace solutions provider offering technological workplace solutions.
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Jan 9, 2025 | 
smartkarma.com | Sumeet Singh |Clarence Chu |Rosita Fernandes |Douglas Kim
In today’s briefing: Aequitas 2025 Asia IPO Pipeline – India Guming Holdings (Goodme) Pre-IPO – Refiling Updates – Showing Some Recent Weakness in Margins Greaves Electric Mobility Ltd Pre-IPO Tearsheet LXJ International IPO Preview Crizac Pre-IPO – Expanding Network and Service Portfolio to Drive Growth Bloks Group IPO Trading – Strongest HK IPO Demand in Recent Years Aequitas 2025 Asia IPO Pipeline – India In this note, we will take a look at the Asia Pacific IPO pipeline for 2025,...
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Jan 8, 2025 | 
smartkarma.com | Sumeet Singh |Rosita Fernandes |Xinyao Wang |Nicholas Tan
In today’s briefing:Aequitas 2025 Asia IPO Pipeline – Hong KongBrigade Hotel Ventures Ltd Pre-IPO – Strong Rebound from Covid but with High ConcentrationPre IPO X.J. Electrics (Hu Bei) – ODM/OEM Model Is Hard to Deliver High Margins and Growth ProspectsBeijing Geekplus Technology Pre-IPO TearsheetAequitas 2025 Asia IPO Pipeline – Hong KongIn this note, we will take a look at the Asia Pacific IPO pipeline for 2025, starting with Hong Kong.
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Jan 7, 2025 | 
smartkarma.com | Sumeet Singh |Rosita Fernandes
In today’s briefing:Aequitas 2024 IPOs and Placements Performance Review-India Driving Volumes as HK Shows Signs of LifeAye Finance Ltd Pre-IPO TearsheetAequitas 2024 IPOs and Placements Performance Review-India Driving Volumes as HK Shows Signs of Life2024 marked our ninth year covering Equity Capital Markets in Asia-Pacific. In 2024, IPO volumes were mainly driven by India, even as Hong Kong showed signs of turning a corner.
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Dec 10, 2024 | 
smartkarma.com | Douglas Kim |Rosita Fernandes |Tina Banerjee
In today’s briefing:LG CNS IPO Valuation AnalysisEAAA India Alternatives Limited Pre-IPO TearsheetSAI Life Sciences IPO- Growing and Profitable Business; Aggressive Pricing Limits Upside PotentialLG CNS IPO Valuation AnalysisAccording to our valuation analysis, it suggests a base case implied market cap of 7.9 trillion won for LG CNS, representing target price of 81,095 won per share.
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Dec 4, 2024 | 
smartkarma.com | Clarence Chu |Shifara Samsudeen |Rosita Fernandes |Andrei Zakharov
In today’s briefing: Auckland Airport Placement – NZ$1.3bn (US$770m) Cleanup Sale Will Remove the Overhang Kioxia IPO: Peer Comparison and Valuation Freetech Intelligent Technology Ltd Pre-IPO Tearsheet Shenzhen Yuejiang Technology IPO: PHIP and Valuation Updates, High Valuations and A Higher TAM Pre-IPO Mao Geping Cosmetics (PHIP Updates) – Some Points Worth the Attention Auckland Airport Placement – NZ$1.3bn (US$770m) Cleanup Sale Will Remove the Overhang Auckland Council is looking to...
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Nov 28, 2024 | 
smartkarma.com | Sumeet Singh |Arun George |Shifara Samsudeen |Rosita Fernandes
In today’s briefing:Kioxoa Pre-IPO – Peer ComparisonKioxoa Pre-IPO – Thoughts on ValuationsKioxia (285A JP) IPO: The Bull CaseKioxia IPO: Initial Thoughts on Financials and ValuationBelrise Industries Ltd Pre-IPO TearsheetPateo Connect Pre-IPO: Undifferentiated and UnprofitableKioxoa Pre-IPO – Peer Comparison Kioxia Holdings (6600 JP) is aiming to raise around US$700m (including over-allocation) from its Japan IPO.
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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.
