In today’s briefing:
- Mankind Pharma Pre-IPO – The Negatives – Recent Updates Weren’t Great
- Oasis Corporation IPO – Thoughts on Valuation
- ZJLD Group Pre-IPO Tearsheet
Mankind Pharma Pre-IPO – The Negatives – Recent Updates Weren’t Great
- Mankind Pharma is looking to raise about US$1bn in its upcoming India IPO.
- MP is a pharmaceutical company engaged in developing, manufacturing and marketing a range of pharmaceutical formulations across various acute and chronic therapeutic areas, as well as several consumer healthcare products.
- In this note, we talk about the not-so-positive aspects of the deal.
Oasis Corporation IPO – Thoughts on Valuation
- OASIS Corp (370190 KS) is looking to raise up to US$166m in its upcoming Korea IPO.
- Oasis Corporation is an early morning delivery service business that delivers fresh food to consumers. It runs an e-commerce platform named ‘Oasis Market’ as well as offline stores.
- In our previous notes, we looked at the company’s past performance and peer comparison. In this note, we talk about valuations.
ZJLD Group Pre-IPO Tearsheet
- ZJLD Group (ZJLD HK) is looking to raise up to US$400m in its Hong Kong IPO. The deal will be run by Goldman Sachs and China Securities.
- ZJLD Group (ZJLD) is a Chinese liquor company primarily producing baijiu.
- As per F&S, the firm was the fourth largest privately-owned baijiu company and ranked third among all baijiu companies with three or more aroma types in terms of FY21 sales.
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