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

Mahanagar Gas IPO - Provides Enough Discount but Might Not Be a High-Flyer

IGL: Monopoly Business with Pricing Freedom, BUY for 25% Upside

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Mahanagar Gas Limited (MGL), a city gas distributor for Mumbai and its neighbouring region, plans to raise US$150-200m through its IPO. The IPO will be via a secondary sell down by its co-owners GAIL and British Gas and is expected to be launched later this month. In this insight, we look at:<ul><li>The company's past financial performance</li><li>A few issues that investors need to be aware of</li><li>How it stacks up versus its main listed peer <a href="https://www.smartkarma.com/entities/6969" target="_blank" data-smartkarma-citation="entities:6969">Indraprastha Gas Ltd</a> </li></ul>We will follow-up with another insight to look at valuations, once the deal is launched.

Mahanagar Gas Limited (MGL), a city gas distributor for Mumbai and its neighbouring region, plans to raise US$150-200m through its IPO. The IPO will be via a secondary sell down by its co-owners GAIL and British Gas and is expected to be launched later this month. In this insight, we look at:The company's past financial performanceA few issues that investors need to be aware ofHow it stacks up versus its main listed peer Indraprastha Gas Ltd We will follow-up with another insight to look at valuations, once the deal is launched.

Mahanagar Gas Pre-IPO Review - Needs to Come in at a Discount to IGL