APAC IPOs & Placements, Aequitas Research

Clarence Chu

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

<ul>
<li>
<a href="https://www.smartkarma.com/entities/acommerce-group" target="_blank" data-smartkarma-citation="entities:35789:1" rel="noopener">ACommerce Group (ACOM TB)</a> is looking to raise about US$200m in its upcoming Thailand IPO. </li>
<li>ACommerce is an ecommerce enabler providing end-to-end and ala carte ecommerce solutions for brands in Southeast Asia (SEA). </li>
<li>In this note, we will discuss aCommerce's updates since our last note.</li>
</ul>



ACommerce Group (ACOM TB) is looking to raise about US$200m in its upcoming Thailand IPO. 
ACommerce is an ecommerce enabler providing end-to-end and ala carte ecommerce solutions for brands in Southeast Asia (SEA). 
In this note, we will discuss aCommerce's updates since our last note.


ACommerce Pre-IPO - Updates Since Our Last Note - Probably Has to Scale Further to Become Profitable

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

<ul>
<li>Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.</li>
<li>IPO volumes remain subdued across the region, although a number of deals are said to be looking to launch soon.</li>
<li>Given the recent market volatility, there were no large placements this week.</li>
</ul>


Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
IPO volumes remain subdued across the region, although a number of deals are said to be looking to launch soon.
Given the recent market volatility, there were no large placements this week.


ECM Weekly (19th June 2022) - Tianqi, GoAir, China United, Hongjiu Fruit, Airtel/Singtel, ExaWizards

<ul>
<li>
<a href="https://www.smartkarma.com/entities/acommerce-group" target="_blank" data-smartkarma-citation="entities:35789:1" rel="noopener">ACommerce Group (ACOM TB)</a> is looking to raise about US$200m in its upcoming Thailand IPO.</li>
<li>Acommerce is an ecommerce enabler providing end-to-end and ala carte ecommerce solutions for brands in Southeast Asia (SEA). </li>
<li>Acommerce has been a key beneficiary of COVID, however, has been recording unexpectedly weak margins, suggesting that it does a lot of logistical heavy lifting. </li>
</ul>



ACommerce Group (ACOM TB) is looking to raise about US$200m in its upcoming Thailand IPO.
Acommerce is an ecommerce enabler providing end-to-end and ala carte ecommerce solutions for brands in Southeast Asia (SEA). 
Acommerce has been a key beneficiary of COVID, however, has been recording unexpectedly weak margins, suggesting that it does a lot of logistical heavy lifting. 


Acommerce Pre-IPO - Beneficiary of COVID However, Has Been Losing Market Share

Thailand

aCommerce Group Public Company Limited provide e-commerce services. The Company offers end to end carte e-commerce solutions for brands. aCommerce Group serves customers in Asia.

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aCommerce Group (ACOM TB)

ACommerce Pre-IPO - Updates Since Our Last Note - Probably Has to Scale Further to Become Profitable

aCommerce Group (ACOM TB) is looking to raise about US$200m in its upcoming Thailand IPO. In this note, we will discuss aCommerce's updates since...

Clarence Chu

ECM Weekly (19th June 2022) - Tianqi, GoAir, China United, Hongjiu Fruit, Airtel/Singtel, ExaWizards

Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.

Sumeet Singh

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

ACommerce Pre-IPO - Updates Since Our Last Note - Probably Has to Scale Further to Become Profitable

aCommerce Group (ACOM TB) is looking to raise about US$200m in its upcoming Thailand IPO. In this note, we will discuss aCommerce's updates since...

Clarence Chu

ECM Weekly (19th June 2022) - Tianqi, GoAir, China United, Hongjiu Fruit, Airtel/Singtel, ExaWizards

Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.

Sumeet Singh

Acommerce Pre-IPO - Beneficiary of COVID However, Has Been Losing Market Share

Acommerce Group (ACOM TB) is looking to raise about US$200m in its upcoming Thailand IPO. The firm is an ecommerce enabler providing end-to-end...

Clarence Chu