APAC IPOs & Placements, Aequitas Research

Clarence Chu

At Aequitas we cover all IPOs and placements across Asia-Pac with a deal size of at least US$100m. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

APAC IPOs & Placements

Doosan Enerbility: Post-Block Deal Trading

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

Doosan Enerbility / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/doosan-co-ltd" target="_blank" data-smartkarma-citation="entities:7423:1" rel="noopener">Doosan Corp (000150 KS)</a> is looking to raise up to US$435m from trimming a portion of its stake in <a href="https://www.smartkarma.com/entities/doosan-enerbility-co-ltd" target="_blank" data-smartkarma-citation="entities:7389:1" rel="noopener">Doosan Enerbility (034020 KS)</a>.</li>
<li>The deal isn’t exactly a large one to process at just 5.2 days of three month ADV. Shares are offered at a discount range between 5.1-7.8%.</li>
<li>As there wasn’t a specific mention of the former’s intention to sell, we would argue that the deal isn’t particularly well flagged.</li>
</ul>



Doosan Corp (000150 KS) is looking to raise up to US$435m from trimming a portion of its stake in Doosan Enerbility (034020 KS).
The deal isn’t exactly a large one to process at just 5.2 days of three month ADV. Shares are offered at a discount range between 5.1-7.8%.
As there wasn’t a specific mention of the former’s intention to sell, we would argue that the deal isn’t particularly well flagged.


Doosan Enerbility Placement - Selldown by Parent Doesn’t Send the Best Signal