Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, 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.

Thematic (Sector/Industry)

With COVID-19 and stimulus packages being in the news day in and day out, here are my two cents on what policy makers need to do to get over this relatively quickly and with as little pain to the common man as possible. Whether its possible to do so or not is a different story.

With COVID-19 and stimulus packages being in the news day in and day out, here are my two cents on what policy makers need to do to get over this relatively quickly and with as little pain to the common man as possible. Whether its possible to do so or not is a different story. 

The Month the World Stood Still - A Novice Small Business Guide to Avoiding a Long Recession

Market & Forensics Analyst, Beat the Street

Nimish Maheshwari

Market & Forensics Analyst

Beat the Street

Beat The Street was founded by Nimish Maheshwari and Sudarshan Bhandari, both of whom are Chartered Accountants by Profession, known for their expert analysis in the fields of Business, Sectoral analysis, and Corporate governance.

With a strong social media presence of 45,000+ Subscribers across various platforms, they are considered trusted voices in the industry. Their insights and analysis have been featured in some of India’s most prominent publications, including the Economic Times, Dalal Street Investment Journal, The Morning Context, and The Ken.

Their analysis on Bankrupt & Insolvent companies has been instrumental in saving investors from significant losses. They have a keen eye for identifying red flags and has identified exclusive redflags earlier in Vedanta, Nykaa, Dhani Services, Adani and many more.

Read Business Not Stock Prices

Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/nesco-ltd" target="_blank" data-smartkarma-citation="entities:13095:1" rel="noopener">Nesco Ltd (NSE IN)</a>’s FY26 income crossed INR 1,032 crore, led by 100% leased IT Park towers, Hall 6 ramp-up, and Foods revenue doubling to INR 238 crore.</li>
<li>Its 65-acre Goregaon land bank has 86% unused FSI, creating rare Mumbai real-estate optionality with debt-free, high-margin operating cashflows.</li>
<li>: Nesco is not just a rental business anymore; Tower 2, BEC expansion and Foods can drive the next compounding phase.</li>
</ul>



Nesco Ltd (NSE IN)’s FY26 income crossed INR 1,032 crore, led by 100% leased IT Park towers, Hall 6 ramp-up, and Foods revenue doubling to INR 238 crore.
Its 65-acre Goregaon land bank has 86% unused FSI, creating rare Mumbai real-estate optionality with debt-free, high-margin operating cashflows.
: Nesco is not just a rental business anymore; Tower 2, BEC expansion and Foods can drive the next compounding phase.


NESCO Limited: The Mumbai's Most Underrated Landlord.

Silver Point

Thomas J. Monaco

Silver Point is a boutique research firm that focuses on the broader financial services sector, with a particular focus on troubled institutions globally. 

Asia Ex Japan

<ul>
<li>Massive central bank liquidity and fiscal stimulus came rushing in to stabilize the global economy in 2019, and should continue in 2020. However, asset bubbles continue to grow. </li>
<li>Higher share market prices have offset the impact of increasing unemployment claims and the decline in housing permits in the U.S.  </li>
<li>A European economic rebound appears extremely unlikely with the risk of recession being very high. As China currently is in lock down over the Wuhan corona virus, the Europe's economy would appear to be on a knife's edge given the impact this is having on exports. </li>
</ul>


Massive central bank liquidity and fiscal stimulus came rushing in to stabilize the global economy in 2019, and should continue in 2020. However, asset bubbles continue to grow. 
Higher share market prices have offset the impact of increasing unemployment claims and the decline in housing permits in the U.S.  
A European economic rebound appears extremely unlikely with the risk of recession being very high. As China currently is in lock down over the Wuhan corona virus, the Europe's economy would appear to be on a knife's edge given the impact this is having on exports. 


AI | Semiconductors | Commodities, Mint Finance

Raghav Vashisht

AI | Semiconductors | Commodities

Deep Fundamental Analysis

Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

<ul>
<li>The massive $13.6bn revenue beat proved the market fundamentally mispriced how agentic AI is turning the CPU into an urgently necessary orchestration bottleneck.</li>
<li>With orchestration dominating workload latency, an incremental $60 billion CPU TAM plays directly into Intel’s massive x86 installed base and NVLink partnerships.</li>
<li>Intel’s 20% server (and/or more) price hikes remain intact; the actual threat to this re-rating is entirely tied to 18A production yields. Lower Q2 marginal guidance not a structural indicator. </li>
</ul>


The massive $13.6bn revenue beat proved the market fundamentally mispriced how agentic AI is turning the CPU into an urgently necessary orchestration bottleneck.
With orchestration dominating workload latency, an incremental $60 billion CPU TAM plays directly into Intel’s massive x86 installed base and NVLink partnerships.
Intel’s 20% server (and/or more) price hikes remain intact; the actual threat to this re-rating is entirely tied to 18A production yields. Lower Q2 marginal guidance not a structural indicator. 


The ChatGPT Moment for a 60-Year-Old Company

Derivatives and Quantitative Strategist

Gaudenz Schneider

Equity Derivatives

<ul>
<li>
Context: This Insight provides volatility cones for the Hang Seng and eight prominent Hong Kong stocks. Volatility cones provide the framework to evaluate whether options are trading cheap or rich.</li>
<li>
Highlights: Hong Kong equity IV remains selective rather than systemic—index volatility is benign, while dispersion across stocks creates targeted pre-earnings opportunities</li>
<li>
Why Read: Spot opportunities, assess regime shifts, and manage risk effectively — volatility cones turn complex data into actionable insights for traders and investors.</li>
</ul>



Context: This Insight provides volatility cones for the Hang Seng and eight prominent Hong Kong stocks. Volatility cones provide the framework to evaluate whether options are trading cheap or rich.

Highlights: Hong Kong equity IV remains selective rather than systemic—index volatility is benign, while dispersion across stocks creates targeted pre-earnings opportunities

Why Read: Spot opportunities, assess regime shifts, and manage risk effectively — volatility cones turn complex data into actionable insights for traders and investors.


HK Vola Cones: Calm HSI, HSBC (5 HK) Historically Rich

United Kingdom

HSBC Holdings plc is a British universal bank and financial services group that provides banking and financial products and services worldwide. It offers retail, commercial and institutional banking, global banking and markets, wealth management, and private banking. The company was founded in 1865 and is headquartered in London, United Kingdom.

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HSBC (HSBC US)

The Month the World Stood Still - A Novice Small Business Guide to Avoiding a Long Recession

With COVID-19 and stimulus packages being in the news day in and day out, here are my two cents on what policy makers need to do to get over this...

Sumeet Singh

NESCO Limited: The Mumbai's Most Underrated Landlord.

Nesco sees strong revenue growth in FY26, with potential for further expansion in FY27 through new approvals and untapped FSI at Goregaon Campus.

Nimish Maheshwari

Global Stall Speed Growth Confirmed

Massive central bank liquidity and fiscal stimulus came rushing in to stabilize the global economy in 2019, and should continue in 2020. However,...

Thomas J. Monaco

The ChatGPT Moment for a 60-Year-Old Company

Intel's revenue beat highlights the importance of AI-driven orchestration in turning the CPU into a bottleneck, with potential for price hikes and...

Mint Finance

HK Vola Cones: Calm HSI, HSBC (5 HK) Historically Rich

Discover targeted option opportunities in Hong Kong stocks using volatility cones to assess option pricing and manage risk effectively.

Gaudenz Schneider

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

The Month the World Stood Still - A Novice Small Business Guide to Avoiding a Long Recession

With COVID-19 and stimulus packages being in the news day in and day out, here are my two cents on what policy makers need to do to get over this...

Sumeet Singh

NESCO Limited: The Mumbai's Most Underrated Landlord.

​Nesco sees strong revenue growth in FY26, with potential for further expansion in FY27 through new approvals and untapped FSI at Goregaon Campus.

Nimish Maheshwari

Global Stall Speed Growth Confirmed

Massive central bank liquidity and fiscal stimulus came rushing in to stabilize the global economy in 2019, and should continue in 2020. However,...

Thomas J. Monaco

The ChatGPT Moment for a 60-Year-Old Company

​Intel's revenue beat highlights the importance of AI-driven orchestration in turning the CPU into a bottleneck, with potential for price hikes and...

Mint Finance

HK Vola Cones: Calm HSI, HSBC (5 HK) Historically Rich

​Discover targeted option opportunities in Hong Kong stocks using volatility cones to assess option pricing and manage risk effectively.

Gaudenz Schneider

Nesco sees strong revenue growth in FY26, with potential for further expansion in FY27 through new approvals and untapped FSI at Goregaon Campus.

Intel's revenue beat highlights the importance of AI-driven orchestration in turning the CPU into a bottleneck, with potential for price hikes and...

Discover targeted option opportunities in Hong Kong stocks using volatility cones to assess option pricing and manage risk effectively.