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India ECM

India ECM
Coverage of Indian IPOs & Placements

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bearishAther Energy
28 Apr 2025 12:52

Ather Energy IPO | Showroom and Service Center Visits

​Ather Energy IPO opens with promising product quality but uncertain business outlook. #AtherEnergy #IPO #ProductQuality

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25 Apr 2025 10:30

Gold Plus Glass Industry Pre-IPO - Volatile Margins and Rising Debt

​Gold Plus Glass Industry Ltd (GPGI) is set to raise $200m in its India IPO, known for being the country's second-largest float glass manufacturer...

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bearishAther Energy
25 Apr 2025 09:48

Ather Energy IPO - Still Not Cheap Enough

Ather Energy is now looking to raise about US$350m in its upcoming India IPO. In this note, we talk about valuations for the IPO.

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24 Apr 2025 14:00

Dorf-Ketal Chemicals India Pre-IPO - The Negatives - Elevated Borrowings and Tariff Uncertainty

Dorf-Ketal Chemicals India is looking to raise about US$579m in its upcoming India IPO.  In this note, we talk about the not-so-positive aspects of...

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23 Apr 2025 10:40

Dorf-Ketal Chemicals India Pre-IPO -The Positives - Strategic Blend of Organic & Inorganic Expansion

Dorf-Ketal Chemicals India is looking to raise about US$579m in its upcoming India IPO.  In this note, we talk about the positive aspects of the deal.

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