In today’s briefing:
- MR. D.I.Y. Thailand Pre-IPO – Largest Home Improvement Retailer in Thailand
- Smartworks Coworking Spaces Pre-IPO – Healthy Revenue Growth Led by Strategic Capacity Expansion
- Rigaku IPO – The Negatives – Not Every Segment Has Been Performing; Has a Large Overhang as Well
- Oswal Pumps Pre-IPO Tearsheet
MR. D.I.Y. Thailand Pre-IPO – Largest Home Improvement Retailer in Thailand
- Mr. DIY Holding (Thailand) (2472516D TB) is looking to raise as much as US$300m in its upcoming IPO in Thailand.
- It is the largest home improvement retailer in Thailand offering value prices i.e. “Always Low Prices” for over 15,000 products across a variety of departments.
- In this note, we look at the firm’s past performance.
Smartworks Coworking Spaces Pre-IPO – Healthy Revenue Growth Led by Strategic Capacity Expansion
- Smartworks Coworking Spaces Ltd (1742134D IN) is looking to raise about US$120m in its India IPO.
- It is an office experience and managed campus platform, typically focused on leasing entire/large, bare shell properties in prime locations and transforming them into fully serviced, tech-enabled campuses with amenities.
- In this note, we talk about the company’s historical performance.
Rigaku IPO – The Negatives – Not Every Segment Has Been Performing; Has a Large Overhang as Well
- Rigaku Holdings (268A JP) is looking to raise US$762m in its Japan IPO.
- Rigaku engages in developing, manufacturing, sales and servicing scientific instruments specializing in X-ray technologies.
- In this note, we will talk about the not so positive aspects of the deal.
Oswal Pumps Pre-IPO Tearsheet
- Oswal Pumps Limited is looking to raise about US$122m in its upcoming Indian IPO. The deal will be run by IIFL Securities, Axis Capital, CLSA, JMF and Nuvama Wealth Management.
- Oswal Pumps is the fastest growing vertically integrated solar pump manufacturer in India.
- The firm manufactures solar-powered and grid-connected submersible and monoblock pumps, electric motors comprising induction and submersible motors as well as solar modules, sold under the ‘Oswal’ brand.