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

Nippon Building Fund Placement - Needs to Correct Some More Given the Weak Sentiment

Japan Airlines Placement - Given the Uncertain Outlook, Might Need Further Correction

Japan Airlines Placement - Tricky Tricky, Needs to Correct

Yakult Honsha Co Ltd in Health and Wellness (World) - Part 2

Yakult Honsha Placement - A Little More Correction Would Be Ideal

Launching Coverage of Yakult Honsha With Narrow Moat and Stable Moat Trend Ratings, FVE of JPY 8,000

Yakult Honsha Co Ltd in Health and Wellness (World) - Part 1

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

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<p><a href="https://www.smartkarma.com/entities/21403" target="_blank" data-smartkarma-citation="entities:21403:1" rel="noopener">Danone SA (BN FP)</a> is selling its remaining 6.2% stake in <a href="https://www.smartkarma.com/entities/17153" target="_blank" data-smartkarma-citation="entities:17153:1" rel="noopener">Yakult Honsha Co Ltd (2267 JP)</a>.</p>
<p>Prior to this, Danone sold over 24.6m shares (some back to Yakult) in Feb 2018, which was done via an a global offering. We covered that deal in <a href="https://www.smartkarma.com/insights/yakult-honsha-placement-a-little-more-correction-would-be-ideal" target="_blank" rel="noopener">Yakult Honsha Placement - A Little More Correction Would Be Ideal</a>.</p>
</div><div><p>In this insight, I'll run the deal through our ECM framework and talk about the deal dynamics for the current placement.</p></div>


Danone SA (BN FP) is selling its remaining 6.2% stake in Yakult Honsha Co Ltd (2267 JP).
Prior to this, Danone sold over 24.6m shares (some back to Yakult) in Feb 2018, which was done via an a global offering. We covered that deal in Yakult Honsha Placement - A Little More Correction Would Be Ideal.
In this insight, I'll run the deal through our ECM framework and talk about the deal dynamics for the current placement.

Yakult Honsha Placement - Danone Heads for a Clean-Up