ECM Weekly (1st Apr 2024) - Shinhan, GlobalWafers, Mankind, Hyundai Marine, Bharti Hexacom, ChaPanda
Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
673 Views
NSDL Pre-IPO - The Negatives - Margins Could Drag
National Securities Depository Limited (NSDL) is looking to raise around US$400m in its India IPO. In this note we talk about the not-so-positives...
611 Views
NSDL Pre-IPO - The Positives - Dominant Position, Strong Revenue Growth
National Securities Depository Limited (NSDL) is looking to raise around US$400m in its India IPO. In this note, we talk about the positive aspects...
618 Views
Central Depository Services India Ltd (CDSL) - Restoring Growth.
Central Depository Services India Ltd (CDSL) registered two years of solid growth (>50% YoY in FY21-22, driven by ~4/4x rise in transaction revenue...
456 Views
Central Depository Services India Ltd (CDSL) - Restoring Growth.
The growth in FY23 was impacted by a 17% decline in market-linked revenue (transaction, IPO and KYC (fetch), offset by a 30% YoY growth in the...
490 Views