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

Smartkarma

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<p><a href="https://www.smartkarma.com/entities/26995" target="_blank" data-smartkarma-citation="entities:26995:1">Surya Pertiwi PT (1583120D IJ)</a> plans to raise up to US$120m in its IPO through a mix of selling primary and secondary shares. The company derives the bulk of its revenue by distributing TOTO products in Indonesia and is controlled by the same founders that own <a href="https://www.smartkarma.com/entities/2095" target="_blank" data-smartkarma-citation="entities:2095:1">Surya Toto Indonesia Pt (TOTO IJ)</a> (TOTOIJ).</p><p>In this insight, we will compare the company with TOTOIJ to see which one is a better investment as both essentially seem to be part of the same group and are manufacturing/selling the same product. We will also run the deal through our framework.</p>

Surya Pertiwi PT (1583120D IJ) plans to raise up to US$120m in its IPO through a mix of selling primary and secondary shares. The company derives the bulk of its revenue by distributing TOTO products in Indonesia and is controlled by the same founders that own Surya Toto Indonesia Pt (TOTO IJ) (TOTOIJ).In this insight, we will compare the company with TOTOIJ to see which one is a better investment as both essentially seem to be part of the same group and are manufacturing/selling the same product. We will also run the deal through our framework.

Surya Pertiwi IPO - TOTO Vs TOTO, Is There a Need for Two Entities?