In today’s briefing:
- Decoding Tata Motors Demerger: The Way Ahead
- Ola Electric Pre-IPO Peer Comparison – Increasing Competition, but It’s Still the Leader
- Zomato Placement – Momentum Is Very Strong, Somewhat Well Flagged
Decoding Tata Motors Demerger: The Way Ahead
- Tata Motors restructures, separating passenger and commercial vehicle businesses into distinct entities to unlock value in electric vehicles and Jaguar Land Rover unit.
- Streamlines operations, enhances shareholder value, and capitalizes on growth opportunities in passenger and commercial vehicle sectors.
- Offers investors specialized entities, unlocking hidden value, showcasing proactive adaptation to market changes, and positioning for sustainable growth in the automotive industry.
Ola Electric Pre-IPO Peer Comparison – Increasing Competition, but It’s Still the Leader
- Ola Electric is looking to raise about US$1bn in its upcoming India IPO.
- Ola Electric Mobility is a vertically integrated pure EV player in India with manufacturing capabilities for EVs and EV components, including cells.
- In our previous note we have looked at the company’s past performance. In this note, we will undertake a peer comparison.
Zomato Placement – Momentum Is Very Strong, Somewhat Well Flagged
- AntFin is looking to raise around US$350m by selling around 2% of Zomato (ZOMATO IN).
- Ant Group had earlier sold some of its stake in Nov 2023 and Ant just came out of lockup from the previous selldown a few days ago.
- In this note, we talk about the deal dynamics and run the deal through our ECM framework.
💡 Before it’s here, it’s on Smartkarma
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