HDFC Bank (HDFCB IN): Increasing Foreign Room & Decreasing ADR Premium
Foreign investors have sold HDFCB post merger leading to foreign room crossing 20%. The ADR premium has dropped to 7% and could drop further. There...
646 Views
IDFC First Bank QIP - Well Flagged but Valuations Appear Lofty
IDFC First Bank Limited (IDFCBK IN) is looking to raise up to INR30bn (US$361m) via a Qualified Institutional Placement (QIP). In this note, we...
388 Views
ECM Weekly (1st Oct 2023) - Cainiao, J&T, Kokusai, Seoul Guarantee, Ecopro, Leapmotor, Bajaj Finance
Aequitas Reserach puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
488 Views
R R Kabel IPO Trading - Average Subscription Rates but Strong Insti Demand
R R Kabel (2333180Z IN) raised around US$238m in its India IPO, after the deal was priced at INR1,035/share. It will begin trading tomorrow on 20th...
324 Views
R R Kabel IPO - Peer Comp & Thoughts on Valuation - Fifth in Market Share but First in Sales Growth
R R Kabel (2333180Z IN) is looking to raise up to US$238m in its India IPO. In this note, we undertake a quick peer comparison and share our...
368 Views