ECM Weekly (29th Oct 2023) - Kokusai, J&T, Midea, Wuxi XDC, Cirrus, Cello World, Honasa, SIA
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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Honasa Consumer IPO - RHP Updates - Sales Strong, Slight Margin Improvement
Honasa Consumer (HC) is looking to raise about US$200m in its upcoming India IPO. In this note, we talk about updates from its recent filings.
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Cello World IPO - Thoughts on Valuation
Cello World is looking to raise around US$240m in its upcoming India IPO. We looked at the past performance in our previous note, in this note we...
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Cello World IPO - Strong past Growth but Has a Number of Related Party Issues
Cello World is looking to raise around US$240m in its upcoming India IPO. In this note, we look at the company's past performance.
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[Week 8] Namaste India 🙏 | Earnings Edition - Part I
Deviating from our usual format due to earnings season, this is a long but must-read for anyone who is keen to track the earnings of Indian...
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