Cartrade Tech IPO Trading - Decent Demand but It Remains Expensive
CarTrade Tech raised around US$400m in its India IPO. The company is backed by Warburg Pincus and Temasek. It is an online portal for sale of cars...
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Devyani IPO Trading - Strongest of the Lot
Devyani International Limited (DIL), Yum Brand’s largest franchisor in India, raised around US$250m via its Indian IPO. In this note we will talk...
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Zomato: The Grey Area
Zomato in its Q1F22 result has displayed some surprising items, such as huge ESOP expenses which derailed the bottomline and also leads to a...
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Zomato (Zomato IN) | Premium Valuations but Not so Premium Disclosures
Zomato released its first earnings report after being listed yesterday. This insight presents our key takeaways from the earnings release and also...
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Cartrade Tech IPO - Too Expensive for Our Taste
CarTrade Tech aims to raise around US$400m in its India IPO, via a 100% secondary selldown. The company is backed by Warburg Pincus and Temasek.
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