APAC IPOs & Placements, Aequitas Research

Rosita Fernandes

APAC IPOs & Placements

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

Knowledge Realty Trust / Equity Capital Markets

Knowledge Realty Trust (KRT) owns and manages a high-quality office portfolio in India. KRT covered 87% of India's office supply and gross absorption between FY16-9M24, as per CBRE report.

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<a href="https://www.smartkarma.com/entities/knowledge-realty-trust" target="_blank" data-smartkarma-citation="entities:44486:1" rel="noopener">Knowledge Realty Trust (258259D IN)</a>  looks to raise about US$712m through its upcoming India IPO. The lead bookrunners for the deal are Kotak, Axis, BoFA, ICICI, IIFL, JMFin, MS, SBI.</li>
<li>Knowledge Realty Trust (KRT) owns and manages a high-quality office portfolio in India. KRT covered 87% of India's office supply and gross absorption between FY16-9M24, as per CBRE report.</li>
<li>The portfolio includes 6 city-center offices and 24 business parks/centers.  These assets are spread across 6 cities — Hyderabad, Mumbai, Bengaluru, Chennai, Gurugram, and GIFT City.</li>
</ul>



Knowledge Realty Trust (258259D IN)  looks to raise about US$712m through its upcoming India IPO. The lead bookrunners for the deal are Kotak, Axis, BoFA, ICICI, IIFL, JMFin, MS, SBI.
Knowledge Realty Trust (KRT) owns and manages a high-quality office portfolio in India. KRT covered 87% of India's office supply and gross absorption between FY16-9M24, as per CBRE report.
The portfolio includes 6 city-center offices and 24 business parks/centers.  These assets are spread across 6 cities — Hyderabad, Mumbai, Bengaluru, Chennai, Gurugram, and GIFT City.


PMEA Solar Tech Solutions Limited / Equity Capital Markets

PMEA Solar Tech Solutions Limited manufactures auto components. The Company offers lightning fitting components, auto mobile parts, and related sheet metal products. PMEA Solar Tech Solutions serves furniture, auto mobile, and lighting industries in India.

PMEA Solar Tech Solutions Limited (0991151D IN)

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<a href="https://www.smartkarma.com/entities/pmea-solar-tech-solutions-limited" target="_blank" data-smartkarma-citation="entities:44469:1" rel="noopener">PMEA Solar Tech Solutions Limited (0991151D IN)</a> (PSTSL) is planning to raise about US$116m through its upcoming India IPO. </li>
<li>PSTSL specializes in manufacturing solar equipments, primarily focusing on module mounting assemblies and rolled products. Its other business includes manufacturing automotive components and other products.</li>
<li>The company held an estimated market share of 9% of the overall domestic market for solar tracking and mounting products used in solar trackers, as per CRISIL Report.</li>
</ul>



PMEA Solar Tech Solutions Limited (0991151D IN) (PSTSL) is planning to raise about US$116m through its upcoming India IPO. 
PSTSL specializes in manufacturing solar equipments, primarily focusing on module mounting assemblies and rolled products. Its other business includes manufacturing automotive components and other products.
The company held an estimated market share of 9% of the overall domestic market for solar tracking and mounting products used in solar trackers, as per CRISIL Report.


PMEA Solar Pre-IPO - Strong Revenue Growth Paired With Shrinking Efficiency And High Debt

SeedWorks International Ltd / Equity Capital Markets

Seedworks International Limited manufactures hybrid seeds. The Company offers breeding, production, and marketing of rice, cotton, pearl millet, and corn seeds. Seedworks International serves customers worldwide.

SeedWorks International Ltd (1441147D IN)

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<a href="https://www.smartkarma.com/entities/seedworks-international-ltd" target="_blank" data-smartkarma-citation="entities:44395:1" rel="noopener">SeedWorks International Ltd (1441147D IN)</a>  (SIL) is looking to raise about US$115m in its upcoming India IPO. The bookrunners for the deal are Equirus, DAM, SBI.</li>
<li>SIL is a seed research and development organization engaged in the research, production, and marketing of hybrid seeds as well as open-pollinated variety (OPV) seeds for rice, wheat, and mustard.</li>
<li>According to F&amp;S Report, the company was the second fastest-growing Indian seed company in terms of revenues between FY21-24, with a CAGR of 11.98%.</li>
</ul>



SeedWorks International Ltd (1441147D IN)  (SIL) is looking to raise about US$115m in its upcoming India IPO. The bookrunners for the deal are Equirus, DAM, SBI.
SIL is a seed research and development organization engaged in the research, production, and marketing of hybrid seeds as well as open-pollinated variety (OPV) seeds for rice, wheat, and mustard.
According to F&amp;S Report, the company was the second fastest-growing Indian seed company in terms of revenues between FY21-24, with a CAGR of 11.98%.


SeedWorks International Ltd Pre-IPO Tearsheet

Trualt Bioenergy Ltd / Equity Capital Markets

TruAlt Bioenergy Ltd (TBL) was established in Mar 21. The company is one of India’s largest biofuels producers. As of FY24, TBL’s business verticals were Ethanol, ENA (Extra Neutral Alcohol), CBG (Compressed Biogas), FOM (Fermented Organic Manure), CO2 (Carbon Dioxide).

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<li>
<a href="https://www.smartkarma.com/entities/trualt-bioenergy-ltd" target="_blank" data-smartkarma-citation="entities:44364:1" rel="noopener">Trualt Bioenergy Ltd (2350587D IN)</a> (TBL) is planning to raise about US$120m through its upcoming India IPO. </li>
<li>TBL is one of India’s largest biofuels producers. As of FY24, TBL’s business verticals were Ethanol, ENA (Extra Neutral Alcohol), CBG (Compressed Biogas), FOM (Fermented Organic Manure), CO2 (Carbon Dioxide).</li>
<li>As per the CRISIL Report, TBL held the distinction of being the largest ethanol producer in India based on installed capacity, as of Mar 24.</li>
</ul>



Trualt Bioenergy Ltd (2350587D IN) (TBL) is planning to raise about US$120m through its upcoming India IPO. 
TBL is one of India’s largest biofuels producers. As of FY24, TBL’s business verticals were Ethanol, ENA (Extra Neutral Alcohol), CBG (Compressed Biogas), FOM (Fermented Organic Manure), CO2 (Carbon Dioxide).
As per the CRISIL Report, TBL held the distinction of being the largest ethanol producer in India based on installed capacity, as of Mar 24.


Trualt Bioenergy Limited Pre-IPO - Built in a Flash: The Rapid Rise to an IPO

Innovatiview India Ltd / Equity Capital Markets

Innovatiview India ltd (IIL) is a technology-driven provider of automated ancillary security and surveillance solutions for examinations, elections, and large-scale events across India.

Innovatiview India Ltd (INNOVATIVIEWINDIA IN)

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<li>
<a href="https://www.smartkarma.com/entities/innovatiview-india-ltd" target="_blank" data-smartkarma-citation="entities:44359:1" rel="noopener">Innovatiview India Ltd (INNOVATIVIEWINDIA IN)</a>  is looking to raise about US$230m in its upcoming India IPO. The bookrunners for the deal are DAM, ICICI, JM FIn, Motilal.</li>
<li>Innovatiview India ltd (IIL) is a technology-driven provider of automated ancillary security and surveillance solutions for examinations, elections, and large-scale events across India.</li>
<li>IIL was the largest player in examination integrated security solutions in India, with a market share of 73.7% in terms of revenue for FY24, according to F&amp;S Report.</li>
</ul>



Innovatiview India Ltd (INNOVATIVIEWINDIA IN)  is looking to raise about US$230m in its upcoming India IPO. The bookrunners for the deal are DAM, ICICI, JM FIn, Motilal.
Innovatiview India ltd (IIL) is a technology-driven provider of automated ancillary security and surveillance solutions for examinations, elections, and large-scale events across India.
IIL was the largest player in examination integrated security solutions in India, with a market share of 73.7% in terms of revenue for FY24, according to F&amp;S Report.


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%

Rosita Fernandes
APAC IPOs & Placements
• Aequitas Research

Knowledge Realty Trust Pre-IPO Tearsheet

Knowledge Realty Trust plans to raise $712m in India IPO, owning high-quality office portfolio covering 87% of India's office supply and...

Rosita Fernandes

PMEA Solar Pre-IPO - Strong Revenue Growth Paired With Shrinking Efficiency And High Debt

PMEA Solar Tech Solutions Limited is set to raise $116m in India IPO, specializing in solar equipment manufacturing with 9% market share in...

Rosita Fernandes

SeedWorks International Ltd Pre-IPO Tearsheet

SeedWorks International Ltd (SIL) plans to raise US$115m in India IPO, focusing on seed research and development for rice, wheat, and mustard....

Rosita Fernandes

Trualt Bioenergy Limited Pre-IPO - Built in a Flash: The Rapid Rise to an IPO

Trualt Bioenergy Ltd (TBL) plans to raise $120m in India IPO, known for being one of India's largest biofuels producers with various business...

Rosita Fernandes

Innovatiview India Ltd Pre-IPO Tearsheet

Innovatiview India Ltd plans to raise $230m in India IPO, a leading provider of security solutions for exams and events with a 73.7% market share.

Rosita Fernandes

Knowledge Realty Trust Pre-IPO Tearsheet

​Knowledge Realty Trust plans to raise $712m in India IPO, owning high-quality office portfolio covering 87% of India's office supply and...

Rosita Fernandes

PMEA Solar Pre-IPO - Strong Revenue Growth Paired With Shrinking Efficiency And High Debt

​PMEA Solar Tech Solutions Limited is set to raise $116m in India IPO, specializing in solar equipment manufacturing with 9% market share in...

Rosita Fernandes

SeedWorks International Ltd Pre-IPO Tearsheet

​SeedWorks International Ltd (SIL) plans to raise US$115m in India IPO, focusing on seed research and development for rice, wheat, and mustard....

Rosita Fernandes

Trualt Bioenergy Limited Pre-IPO - Built in a Flash: The Rapid Rise to an IPO

​Trualt Bioenergy Ltd (TBL) plans to raise $120m in India IPO, known for being one of India's largest biofuels producers with various business...

Rosita Fernandes

Innovatiview India Ltd Pre-IPO Tearsheet

​Innovatiview India Ltd plans to raise $230m in India IPO, a leading provider of security solutions for exams and events with a 73.7% market share.

Rosita Fernandes

Knowledge Realty Trust plans to raise $712m in India IPO, owning high-quality office portfolio covering 87% of India's office supply and...

PMEA Solar Tech Solutions Limited is set to raise $116m in India IPO, specializing in solar equipment manufacturing with 9% market share in...

SeedWorks International Ltd (SIL) plans to raise US$115m in India IPO, focusing on seed research and development for rice, wheat, and mustard....

Trualt Bioenergy Ltd (TBL) plans to raise $120m in India IPO, known for being one of India's largest biofuels producers with various business...

Innovatiview India Ltd plans to raise $230m in India IPO, a leading provider of security solutions for exams and events with a 73.7% market share.