Hyundai Motor India IPO: The Bear Case
The bear case rests on market share losses in the key SUV sub-segment, bottom-quartile revenue growth, higher royalty rates and dividends to...
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Hyundai Motor India IPO: The Bull Case
The bull case rests on a strong market position, premiumisation-led growth, top-quartile operating and FCF margin profile.
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India Car Sales Slow: Can Hyundai Keep Its No. 2 Spot Amidst Fierce Competition?
Justifying premium valuations for the upcoming IPO will be challenging if Hyundai Motors India fails to reverse its declining market share in...
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Emcure Pharma Pre-IPO Trading - Strong Subscription, Will Pop
Emcure Pharmaceuticals raised around US$240m in its India IPO. Subscription rates were strong for institutional and HNI tranche.
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ECM Weekly (8th July 2024) - Japan Cross-Shareholding, Honda, Aisin, Timee, Chenqi, Cirrus, Emcure
Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.
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