APAC IPOs & Placements, Aequitas Research

Clarence Chu

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%.

APAC IPOs & Placements

General Insurance Corp of India OFS - Large One to Digest, and a Potential Overhang to Contend With

Hudco Oct 23 OFS - Momentum Has Been Strong, and Appears to Be Well Flagged

NHPC OFS - While the Overhang Remains, Momentum on the Stock Has Been Very Strong

IRCON Placement - Opportunistic Monetisation of a 2.5x YTD Gain

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. 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%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

<ul>
<li>The GoI is looking to raise up to US$248m from selling its stake in <a href="https://www.smartkarma.com/entities/neyveli-lignite-corporation" target="_blank" data-smartkarma-citation="entities:17433:1" rel="noopener">Neyveli Lignite (NLC IN)</a>.</li>
<li>This seems to be part of the GoI's ongoing divestment drive across PSUs, with the recent selldowns in other PSUs having done well. </li>
<li>The GoI had also sold some stake in the firm earlier in Oct 2017. </li>
</ul>


The GoI is looking to raise up to US$248m from selling its stake in Neyveli Lignite (NLC IN).
This seems to be part of the GoI's ongoing divestment drive across PSUs, with the recent selldowns in other PSUs having done well. 
The GoI had also sold some stake in the firm earlier in Oct 2017. 


NLC India OFS - Another GoI-PSU Selldown, Well Flagged Coupled with Strong Momentum