Honasa Consumer - Play on Execution; Re-Rating on Expected Lines
Honasa remains our favored pick in the sector, on better execution supporting a healthy revenue growth trend/margin expansion; this would lead to...
290 Views
Concord Biotech's US$650m Lock-Up Expiry - Some Could Be Tempted to Book Multi-Bagger Gains
Ontario is looking to raise US$56m from selling a 3.4% stake in Concord Biotech. The deal has a floor price of INR1,320/share, at a 8.5% discount...
701 Views
ECM Weekly (27th May 2024) - Renesas, AUB, Modec, Tata Tech, MUFG, Shift Up, Novelis, Shulan
Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
596 Views
Allied Blenders and Distillers Pre-IPO - Refiling Updates and Initial Thoughts on Valuation
Allied Blenders & Distillers (9844250Z IN) is looking to raise about US$180m in its upcoming India IPO. In this note, we share our initial thoughts...
550 Views
Swiggy Pre-IPO Early Look - Innovation Leader, Profitability Laggard
Swiggy aims to raise US$1.25bn in its upcoming India IPO. The company has filed confidentially for its IPO, which is likely to be launched towards...
654 Views