IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

SBI Cards and Payment IPO: Valuation Insights

SBI Cards and Payment IPO: Price Range's Polarized Appeal

SBI Cards and Payment IPO Initiation: Creditworthy

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Equity Capital Markets

Indian Railway Finance Corporation / Equity Capital Markets

Indian Railway Finance Corporation (IRFC IN)

<p>Founded in 1986, the <a href="https://www.smartkarma.com/entities/indian-railway-finance-corporation" target="_blank" data-smartkarma-citation="entities:28417:1" rel="noopener">Indian Railway Finance Corporation (INFZ IN)</a>/IRFC is the dedicated funding arm of Ministry of Railways (MoR) which raises financing from the capital markets to finance rolling stock assets (wagons and coaches) and other assets. The IRFC is wholly-owned by the Government of India acting through the MoR. </p><div class="content-highlight"><p>IRFC has got the market regulator approval for its IPO and will launch an Rs40 billion ($540 million) IPO later this month, according to press reports. The IPO will comprise a primary offer (938 million shares) and a secondary offer (469 million shares from the Government of India). Overall, we believe that IRFC offers investors much-needed stability in the current volatile times.   </p></div>

Founded in 1986, the Indian Railway Finance Corporation (INFZ IN)/IRFC is the dedicated funding arm of Ministry of Railways (MoR) which raises financing from the capital markets to finance rolling stock assets (wagons and coaches) and other assets. The IRFC is wholly-owned by the Government of India acting through the MoR. IRFC has got the market regulator approval for its IPO and will launch an Rs40 billion ($540 million) IPO later this month, according to press reports. The IPO will comprise a primary offer (938 million shares) and a secondary offer (469 million shares from the Government of India). Overall, we believe that IRFC offers investors much-needed stability in the current volatile times.   

Indian Railway Finance Corp (IRFC) IPO Initiation: Stability in Volatile Times