In today’s briefing:
- IdeaForge Technologies IPO- Forensic Analysis
- Morning Views Asia: Azure Power Global Ltd, Sino-Ocean Service
IdeaForge Technologies IPO- Forensic Analysis
- IdeaForge Technology Limited (1475641D IN)‘s IPO opens for subscription this week.
- The company is said to be the market leader in manufacturing of drones, an industry that is expected to grow rapidly in the next five years.
- However, there are several forensic takeaways that include disclosure errs relating to litigations, treatment of R&D, cash generation, etc.
Morning Views Asia: Azure Power Global Ltd, Sino-Ocean Service
Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.
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