SBI Cards & Payments Trading - Fee Income Driven Valuation Will Be Hurt More from a Drop in Spending
SBI Cards (SBIC) raised around US$1.4bn via selling a little bit of primary along with mostly secondary shares in its Indian IPO. SBIC is a...
315 Views
India Micro-Finance: Noteworthy Trends and Updates
Key Thematic/Industry Trends Underwriting standards and asset quality needs to be monitored closely... Asset quality in the Assam microfinance...
386 Views
ESAF Small Finance Bank Pre-IPO - Growing Fast but Remains Highly Dependant on a Related Party
ESAF Small Finance Bank (ESAFSFB from hereon) aims to raise up to US$150m in its India IPO. Its roots can be traced back to the 90’s even though...
375 Views
Ujjivan/Ujjivan Small Finance Bank - The Road to a Zero Holdco Discount Will Yield 68%+ Upside
In Dec 2019, Ujjivan Small Finance Bank (USFB IN) raised around US$105m in its Indian IPO. USFB is the small finance banking arm of Ujjivan...
410 Views
Equitas Holding/Small Finance Bank Pre-IPO - Valuation And Pre-Listing Trade Idea
Equitas Small Finance Bank (ESFB) plans to raise up to US$150m via selling a mix of primary and secondary shares in its Indian IPO. In my earlier...
350 Views