In today’s briefing:
- KFin Technologies IPO Trading – Previous Deals with Lackluster Demand Had Mixed Debuts
- India Channel Insight #47 | Go Fashion, Lux Industries
KFin Technologies IPO Trading – Previous Deals with Lackluster Demand Had Mixed Debuts
- KFin Technologies (1804170D IN) raised around US$180m in its India IPO. The IPO had been a 100% OFS.
- KFin Technology (KFin) is a technology driven financial services platform providing comprehensive services and solutions to the capital markets ecosystem.
- We have looked at various aspects of the deal in our previous note, in this note, we talk about the demand and trading dynamics.
India Channel Insight #47 | Go Fashion, Lux Industries
- Our flash checks for Go Fashion India (GOCOLORS IN) and LUX Industries Ltd (LUX IN) suggest weak consumer sentiment continues to prevail.
- Competitive intensity is an area of concern for category creator and leader Go Fashion India (GOCOLORS IN)
- Rupa & Company (RUPA IN) is giving a tough fight to LUX Industries Ltd (LUX IN) in the rural markets.
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