Speculation Underway in Parts of IPO Market: Overpriced IPOs May Not See Further Gains Post Listing

Quality May Deteriorate As IPO Frenzy Builds Up! Secondary Issuances Rising on Rich Mkt Valuations

RITES: Stable Business and Reasonably Valued IPO, but the Five Risks Investors Should Not Ignore

Asia focused research insights & advisory, Asia Advisors

Vinay Patel

Asia focused research insights & advisory

Asia Advisors

Asia Advisors is an independent financial advisory and research firm working closely with corporates and institutions to provide consulting solutions & research insights. We provide advisory services including capital solutions, business strategy and investment insights.
Firm is headed by Vinay Patel who has close to two decades of experience in research and business development at large, international investment banks such as HSBC and ICICI Securities. Led research efforts in areas of Macroeconomics, Asset Allocation & Investment Strategy for close to a decade in global & domestic research teams. As a business head in Singapore, advised top global investment management firms & Portfolio managers in Asia for India related investments.
Vinay was recently joined by Swapnil Manish, an investment banker and ex-ecommerce entrepreneur with more than 12 years of experience. Swapnil was the TMT banker at BNP Paribas and was part of several large M&A and ECM transactions (Bharti-Zain, Bharti Infratel IPO, Schneider-Zicom among several others). He's also had a stint as an ecommerce entrepreneur having launched & led Mumbai's first online grocery player.

Equity Capital Markets

Avenue Supermarts Ltd / Equity Capital Markets

<p>It was over a year ago we wrote about the strong IPO market in India and expected it to have more legs. Primary market since then has had a stellar run and several records are being broken for e.g CDSL depository broke the record of highest oversubscription previously held by Religare Enterprises IPO 10 years ago. CDSL was oversubscribed by 170x against the Religare Enterprises record of 160x in 2007. News of record oversubscription along with high valuations at which the companies are raising…</p>

It was over a year ago we wrote about the strong IPO market in India and expected it to have more legs. Primary market since then has had a stellar run and several records are being broken for e.g CDSL depository broke the record of highest oversubscription previously held by Religare Enterprises IPO 10 years ago. CDSL was oversubscribed by 170x against the Religare Enterprises record of 160x in 2007. News of record oversubscription along with high valuations at which the companies are raising…

IPO Mkt Watch: Retail Participation Steady While HNIs Turn Exuberant; But Listing Quality Maintained