Investment Research - Asia Consumer Sector, Investory

Devi Subhakesan

Investment Research - Asia Consumer Sector. 

Equity Research experience of over 20 years. Earlier, Analyst for leading Buy and Sell-side institutions, covering markets in ASEAN, India, and North Asia. Expertise spans various sectors - Consumer Discretionary, Media, Textiles, Oil, Gas, and Coal.
Passionate about mindfulness and meditation.

Investment Research - Asia Consumer Sector

FSN Ecommerce IPO Valuation: Nykaa Can Be Appetizing if You Liked Zomato

Nykaa IPO | Can It Make You Rich? (Without Getting Lucky)

Nykaa: Don't Get Tamed by Projected TAM, the Actual TAM Could Be Tame

ASIA CONSUMER: INSIGHTS AND INVESTMENT IDEAS

Investory

Investory is a Singapore-based boutique independent equity research firm founded in January 2017 with a primary focus on consumption themes across Asia-Pacific.

We aim to generate investible ideas based on consumption trends and outlook. We screen our ideas on several parameters - product potential, long-term growth and management commitment being the most critical.  We follow a fundamental analysis approach in our stock selection process and are not restricted by market cap.

We aspire to grow into a leading source of unbiased research, free of conflict of interest, for investors yearning for independent and disciplined analysis. 

We also undertake bespoke research mandates to support our Institutional clients’ investment needs.

Our team comprises of professionals with extensive experience in the Asian equity markets, in areas ranging from research, servicing institutional clients and investment management.

Equity Capital Markets

FSN E-Commerce Ventures (Nykaa) / Equity Capital Markets

FSN E-Commerce Ventures (Nykaa) (NYKAA IN)

<p><a href="https://www.smartkarma.com/entities/fsn-e-commerce-ventures-nykaa" target="_blank" data-smartkarma-citation="entities:33796:1" rel="noopener">FSN E-Commerce Ventures (Nykaa)</a> that owns Nykaa, India's leading specialty Beauty Personal care retail platform is expected to sell shares worth USD700 Mn in its upcoming IPO that will open from October 28th to November 1st. It is expected to list on November 11th.</p><p>In this Insight, we present investors a quick primer on Nykaa's business basics and what sets it apart as well as key operating metrics &amp; reported financials and issues to note alongside its latest IPO update. We will follow this up with our view on Nykaa's seemingly Zomato-esque IPO pricing/valuation, in a later report. </p>

FSN E-Commerce Ventures (Nykaa) that owns Nykaa, India's leading specialty Beauty Personal care retail platform is expected to sell shares worth USD700 Mn in its upcoming IPO that will open from October 28th to November 1st. It is expected to list on November 11th.In this Insight, we present investors a quick primer on Nykaa's business basics and what sets it apart as well as key operating metrics &amp; reported financials and issues to note alongside its latest IPO update. We will follow this up with our view on Nykaa's seemingly Zomato-esque IPO pricing/valuation, in a later report. 

FSN ECommerce (Nykaa) IPO: Glowing Beauty, Growing Fashion. A Primer.