Pan-Asia Index Flows & Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Pan-Asia Index Flows & Special Situations

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

<ul>
<li>DAX is a German blue-chip index that tracks the 40 largest companies listed on the Regulated Market of the Frankfurt Stock Exchange. </li>
<li>The DAX Index is reviewed on a quarterly basis in March, June, September, and December. </li>
<li>In this insight, we take a look at the potential constituency changes for the June 2022 review. This is a follow-up insight to <a href="https://www.smartkarma.com/insights/dax-index-quiddity-leaderboard-for-june-2022" target="_blank" data-smartkarma-citation="insights:68078" rel="noopener">DAX Index: Quiddity Leaderboard for June 2022</a> </li>
</ul>


DAX is a German blue-chip index that tracks the 40 largest companies listed on the Regulated Market of the Frankfurt Stock Exchange. 
The DAX Index is reviewed on a quarterly basis in March, June, September, and December. 
In this insight, we take a look at the potential constituency changes for the June 2022 review. This is a follow-up insight to DAX Index: Quiddity Leaderboard for June 2022 


DAX Index: Quiddity Leaderboard for June 2022 (2.0): Rheinmetall Looks Interesting

APAC IPOs & Placements, Aequitas Research

Clarence Chu

APAC IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

Campus Activewear / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/campus-activewear-ltd" target="_blank" data-smartkarma-citation="entities:35877:1" rel="noopener">Campus Activewear Ltd (1535013D IN)</a> is looking to raise about US$184m in its India IPO, via a 100% secondary selldown.</li>
<li>In comparison to peers, the firm has fared better during the pandemic, and had recorded stronger topline growth, even pre-pandemic.</li>
<li>While a smaller player in the overall domestic footwear market, Campus is the largest domestic player in the niche sports and athleisure footwear market.</li>
</ul>



Campus Activewear Ltd (1535013D IN) is looking to raise about US$184m in its India IPO, via a 100% secondary selldown.
In comparison to peers, the firm has fared better during the pandemic, and had recorded stronger topline growth, even pre-pandemic.
While a smaller player in the overall domestic footwear market, Campus is the largest domestic player in the niche sports and athleisure footwear market.


Campus Activewear IPO - Take the Deal for Its Strong Track Record

<ul>
<li>
<a href="https://www.smartkarma.com/entities/campus-activewear-ltd" target="_blank" data-smartkarma-citation="entities:35877:1" rel="noopener">Campus Activewear Ltd (1535013D IN)</a> is looking to raise about US$184m in its India IPO, via a 100% secondary selldown.</li>
<li>While there are other domestically listed footwear makers, Campus’ competitors generally market a broader product offering, ranging from casual, formal or outdoor shoes etc.. </li>
<li>Campus' performance was amongst the most resilient during the pandemic, but its margins continues to trail peers. </li>
</ul>



Campus Activewear Ltd (1535013D IN) is looking to raise about US$184m in its India IPO, via a 100% secondary selldown.
While there are other domestically listed footwear makers, Campus’ competitors generally market a broader product offering, ranging from casual, formal or outdoor shoes etc.. 
Campus' performance was amongst the most resilient during the pandemic, but its margins continues to trail peers. 


Campus Activewear IPO - Peer Comparison-Competitive Market, Firm Has Been Resilient During Pandemic

<ul>
<li>
<a href="https://www.smartkarma.com/entities/campus-activewear-ltd" target="_blank" data-smartkarma-citation="entities:35877:1" rel="noopener">Campus Activewear Ltd (1535013D IN)</a> is looking to raise about US$200m in its India IPO, via a 100% secondary selldown.</li>
<li>Campus Activewear is a lifestyle-oriented sports and athleisure footwear firm based in India. </li>
<li>Operating under the “CAMPUS” brand, the firm offers a diverse portfolio of styles, color palettes, and price points.</li>
</ul>



Campus Activewear Ltd (1535013D IN) is looking to raise about US$200m in its India IPO, via a 100% secondary selldown.
Campus Activewear is a lifestyle-oriented sports and athleisure footwear firm based in India. 
Operating under the “CAMPUS” brand, the firm offers a diverse portfolio of styles, color palettes, and price points.


Campus Activewear Pre-IPO - Synergistic Business Model, but in a Fragmented Industry

<ul>
<li>DAX is a German blue-chip index that currently tracks the 40 largest companies listed on the Regulated Market of the Frankfurt Stock Exchange. </li>
<li>The DAX Index is reviewed on a quarterly basis in March, June, September, and December. </li>
<li>In this insight, we take a look at the potential constituency changes that can happen in the March 2022 review.</li>
</ul>


DAX is a German blue-chip index that currently tracks the 40 largest companies listed on the Regulated Market of the Frankfurt Stock Exchange. 
The DAX Index is reviewed on a quarterly basis in March, June, September, and December. 
In this insight, we take a look at the potential constituency changes that can happen in the March 2022 review.


DAX Index: Quiddity Leaderboard for March 2022 (2.0)

Germany

Puma SE designs, manufactures, and sells sporting goods and apparels. The Company produces running, tennis, training, and basketball shoes, as well as t-shirts and accessories. Puma serves customers worldwide.

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Puma (PUM GR)

DAX Index: Quiddity Leaderboard for June 2022 (2.0): Rheinmetall Looks Interesting

A discussion on the Potential Adds and Deletes to the DAX Index in the upcoming index review in June 2022. Military technology company Rheinmetall...

Janaghan Jeyakumar, CFA

Campus Activewear IPO - Take the Deal for Its Strong Track Record

Campus Activewear is looking to raise about US$184m in its India IPO, via a 100% secondary selldown. Campus is the largest domestic player in the...

Clarence Chu

Campus Activewear IPO - Peer Comparison-Competitive Market, Firm Has Been Resilient During Pandemic

Campus Activewear Ltd (1535013D IN) is looking to raise about US$184m in its India IPO, via a 100% secondary selldown. The firm's performance was...

Clarence Chu

Campus Activewear Pre-IPO - Synergistic Business Model, but in a Fragmented Industry

Campus Activewear Ltd (1535013D IN) is looking to raise about US$200m in its India IPO, via a 100% secondary selldown. Campus Activewear is a...

Clarence Chu

DAX Index: Quiddity Leaderboard for March 2022 (2.0)

A look at the potential adds and potential deletes for the DAX index in the March 2022 review. Our estimates show there could be one or two changes.

Janaghan Jeyakumar, CFA

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