In today’s briefing:
- Aequitas 2024 Asia IPO Pipeline – India
- Ola Electric IPO: Negatives Outweigh the Positives
- Zhubajie Pre-IPO Tearsheet
- Amer Sports Pre-IPO – The Positives – Great Brands, Strong Growth
- Aequitas Korea IPOs + Placements Broker Performance 2023
Aequitas 2024 Asia IPO Pipeline – India
- In this note, we will take a look at the Asia Pacific IPO pipeline for 2024, following up with India after having looked at Hong Kong earlier.
- This list has been compiled on a best effort basis from tracking the company filings and through various other sources.
- The deals you see in this note are only a part of our full IPO pipeline tracker. Feel free to drop us a message for additional information on these IPOs.
Ola Electric IPO: Negatives Outweigh the Positives
- Ola Electric is a vertically integrated pure EV player in India with both technology and manufacturing capabilities for EVs and EV components (including battery packs, motors and vehicle frames).
- The company has filed for an IPO to raise US$600m through the sale of new shares making it the first ever EV company to go for an IPO in India.
- Though the company’s growth story has been impressive, the sales volume is largely dependent on government subsidies raising concerns over its future prospects.
Zhubajie Pre-IPO Tearsheet
- Zhubajie Co Ltd (ZHUHKZ HK) is looking to raise at least US$100m in its upcoming Hong Kong IPO. The bookrunners on the deal are Citic Securities, and CCB International.
- Zhubajie (ZBJ) is a customized enterprise services e-commerce platform in China.
- The firm focuses on using technologies to match the service demands of enterprise clients with the skills of service providers, facilitating transactions between its ZBJ platform.
Amer Sports Pre-IPO – The Positives – Great Brands, Strong Growth
- Amer Sports (AS US) plans to raise more than US$1bn in its US IPO. Proceeds will be used to pay down loans to Anta Sports Products (2020 HK) led consortium.
- Amer Sports is a sports and outdoor brands company making clothing and other sporting equipment for use in snow sports, running, climbing, baseball, american football, tennis and other sports.
- In this note, we talk about the positive aspects of the deal.
Aequitas Korea IPOs + Placements Broker Performance 2023
- In this note, we will take a look at broker performance for Korea IPOs and placements in 2023.
- The following dataset includes all Korean IPOs and placements above US$100m, which amounted to a total of seven deals. Given the small number of deals, we’ll keep the note short.
- The deals you see in this note are based on our historical IPO and placement tracker. Feel free to drop us a message for additional information.
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