In today’s briefing:
- Avanse Financial Services Pre-IPO – The Positives – Fast Growth in an Expanding Industry
- Saint Bella Pre-IPO Tearsheet
- Junjin Construction and Robot IPO Preview
- Avanse Financial Services Pre-IPO – The Negatives – Immigration Issues
Avanse Financial Services Pre-IPO – The Positives – Fast Growth in an Expanding Industry
- Avanse Financial Services is looking to raise up to US$419m in its upcoming India IPO.
- Avanse Financial Services (AFS) is an education focused non-banking financial company (NBFC) operating in India.
- In this note, we look at the company’s past performance.
Saint Bella Pre-IPO Tearsheet
- Saint Bella (SAINT HK) is looking to raise up to US$200m in its upcoming HK IPO. The deal will be run by UBS and Citic Securities.
- Saint Bella (SB) is a comprehensive family care group in China, focusing on premium services and products that addresses demand from the lifestyle-minded younger generation.
- It is the largest postpartum care and recovery group in terms of revenue from ultra-premium postpartum centers in 2023, according to F&S.
Junjin Construction and Robot IPO Preview
- Junjin Construction & Robot is getting ready to complete its IPO in KOSPI in August. The IPO price range is from 13,800 won to 15,700 won.
- The IPO offering is from 42.5 billion won to 48.3 billion won. The book building for the institutional investors is from 30 July to 5 August.
- The integration of robotics into construction processes is a cornerstone of Junjin’s operations. Its main product is the concrete pump vehicle which pumps cement or concrete at a construction site.
Avanse Financial Services Pre-IPO – The Negatives – Immigration Issues
- Avanse Financial Services is looking to raise up to US$419m in its upcoming India IPO.
- Avanse Financial Services (AFS) is an education focused non-banking financial company (NBFC) operating in India.
- In this note, we talk about the not-so-positive aspects of the deal.
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