IDFC First Bank QIP - Well Flagged but Valuations Appear Lofty
IDFC First Bank Limited (IDFCBK IN) is looking to raise up to INR30bn (US$361m) via a Qualified Institutional Placement (QIP). In this note, we...
605 Views
IDFC First Bank Early Look - Likely to Be an Accretive Deal but Not Particularly Cheap
IDFC First Bank has launched its QIP at an issue price of INR 90.25 (4.14% discount to the 3rd Oct 23 close price and 4.95% discount to the floor...
1.2k Views
ECM Weekly (1st Oct 2023) - Cainiao, J&T, Kokusai, Seoul Guarantee, Ecopro, Leapmotor, Bajaj Finance
Aequitas Reserach puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
742 Views
RECL - Near Insatiable Power Credit Demand, Great NPL Trend, New Maharatna Status, 3x Avg Div Yield
High demand for power related lending can last for decades, marked improvement in credit metrics, new Maharatna status (only 12 companies have...
517 Views
IDFC First Bank - Mkt Cap Up Big, Can Gain More Interest, With Improved Fundamentals & Amalgamation
IDFC First Bank has seen huge market cap gains, so that it can gain more interest now, with strong fundamental supporting, and amalgamation news also.
498 Views