ECM Weekly (26th June 2022) - Tianqi, Thai Life, Thai Bev, ClouDr, ACommerce, SenseTime, SonaComstar
Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
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Sona Comstar Lock-Up - Blackstone up 17x, Sold Half in the IPO with over US$1bn Left
Sona Comstar (Sona) raised around US$761m in its Indian IPO in Jun 2021. The shares are trading well above the IPO price. Blackstone still owns...
550 Views
Go Air (Go First) Pre-IPO - The Negatives - Competition Is About to Pick-Up Again
GoAir (Go First) is looking to raise up to US$500m in its upcoming India IPO. In this note, we talk about the not so positive aspects of the deal.
482 Views
Bharti Singtel Possible Selldown/Holdco Trade - Singtel Appears to Be Ready for Cashing in US$1-2bn
Various recent media reports have indicated that Singtel aims to sell 2-4% of its stake in Bharti Airtel. In this note, we talk about the possible...
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Go Air (Go First) Pre-IPO - The Positives - Was Flying Reasonably High Pre-COVID
GoAir (Go First) is looking to raise up to US$500m in its upcoming India IPO. The company is owned by the Wadia family, who also own Britannia...
389 Views