Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of IPO & Placements for Aequitas Research. 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%. 
Prior to Aequitas. I was heading Content Strategy for Smartkarma, along with covering IPOs & Placement. In an earlier life I have covered ASEAN property and the banking space in India.

Head of Research, IPOs & Placements

Ready to Serve the Chinese Consumer but Where's the Beef?

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Equity Capital Markets

Wellard Limited plans to raise US$240-290m in its IPO which was launched today. We had a look at the deal earlier this week, <a href="http://www.smartkarma.com/insights/ready-to-server-the-chinese-consumer-but-where-s-the-beef" target="_blank" data-smartkarma-citation="insights:1847">Ready to Serve the Chinese Consumer but Where’s the Beef?</a>. In this insight, ran the deal through our framework and have provided a summary of our earlier arguments, along with highlighting developments since our last note.In our view, the industry is at peak volumes, which look unsustainable over the next few years, while import prices in the US (biggest export market for Australia) seems to have started to correct, after years of record high prices.

Wellard Limited plans to raise US$240-290m in its IPO which was launched today. We had a look at the deal earlier this week, Ready to Serve the Chinese Consumer but Where’s the Beef?. In this insight, ran the deal through our framework and have provided a summary of our earlier arguments, along with highlighting developments since our last note.In our view, the industry is at peak volumes, which look unsustainable over the next few years, while import prices in the US (biggest export market for Australia) seems to have started to correct, after years of record high prices. 

Industry Seems to Be at Peak Prices and Peak Volumes