Equity Analyst - Fundamental & Thematic, Sree Capital

Sreemant Dudhoria

Equity Analyst - Fundamental & Thematic

Fundamental Research on Listed Indian Companies

Sree Capital

Sree Capital is a platform to share fundamental research on listed Indian companies. We do this research for our own investment

Equity Bottom-Up

<ul>
<li>This insight details why <a href="https://www.smartkarma.com/entities/tata-investment-corporation-limited" target="_blank" data-smartkarma-citation="entities:6308:1" rel="noopener">Tata Investment Corporation (TATAINVE IN)</a> and <a href="https://www.smartkarma.com/entities/kalyani-investment-co-ltd" target="_blank" data-smartkarma-citation="entities:6128:1" rel="noopener">Kalyani Investment (KALY IN)</a> share price has been declining. </li>
<li>We also discuss the latest developments in <a href="https://www.smartkarma.com/entities/tvs-holdings-limited" target="_blank" data-smartkarma-citation="entities:16591:1" rel="noopener">TVS (TVSHLTD IN)</a> .</li>
<li>Finally, we conclude with takeaways from Holdco price movement during the week.</li>
</ul>


This insight details why Tata Investment Corporation (TATAINVE IN) and Kalyani Investment (KALY IN) share price has been declining. 
We also discuss the latest developments in TVS (TVSHLTD IN) .
Finally, we conclude with takeaways from Holdco price movement during the week.


HoldCo Weekly (21 Aug): Where’s the Discount?

Tata Investment Corporation / Equity Bottom-Up

Tata Investment Corporation (TATAINVE IN)

<ul>
<li>This insight details about the weekly changes in the holding company discount in India.</li>
<li>We track the reasons for change in the holdco discount if any and upcoming triggers for these companies.</li>
<li>While this note captures 5 holding companies, we intend to add more names in coming weeks.</li>
</ul>


This insight details about the weekly changes in the holding company discount in India.
We track the reasons for change in the holdco discount if any and upcoming triggers for these companies.
While this note captures 5 holding companies, we intend to add more names in coming weeks.


HoldCo Weekly (14 Aug): Where’s the Discount?

APAC IPOs & Placements, Aequitas Research

Akshat Shah

APAC 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.

Equity Capital Markets

Dr Agarwal's Health Care Ltd / Equity Capital Markets

Dr Agarwal's Health Care Ltd (8140044Z IN)

<ul>
<li>
<a href="https://www.smartkarma.com/entities/dr-agarwal-s-health-care-ltd" target="_blank" data-smartkarma-citation="entities:43984:1" rel="noopener">Dr Agarwal's Health Care Ltd (8140044Z IN)</a> raised around US$350m in its India IPO in Jan 2025. The lockup on its pre-IPO investors is set to expire soon.</li>
<li>Dr Agarwal’s Health Care is a healthcare/hospital chain in India providing eyecare services, including surgeries; consultations, diagnoses, non-surgical treatments; and sells opticals, contact lens, accessories and eyecare related pharmaceutical products.</li>
<li>In this note, we will talk about the lockup dynamics and possible placement.</li>
</ul>



Dr Agarwal's Health Care Ltd (8140044Z IN) raised around US$350m in its India IPO in Jan 2025. The lockup on its pre-IPO investors is set to expire soon.
Dr Agarwal’s Health Care is a healthcare/hospital chain in India providing eyecare services, including surgeries; consultations, diagnoses, non-surgical treatments; and sells opticals, contact lens, accessories and eyecare related pharmaceutical products.
In this note, we will talk about the lockup dynamics and possible placement.


Dr Agarwal’s Health Care IPO Lockup - US$725m Lockup Release; PE Investors May Look to Cash Out

HoldCo Weekly (7 Aug): Where’s the Discount?

<ul>
<li>This insight details about the weekly changes in the holding company discount in India.</li>
<li>We track the reasons for change in the holdco discount if any and upcoming triggers for these companies.</li>
<li>While this note captures 4 holding companies, we intend to add more names in coming weeks.</li>
</ul>


This insight details about the weekly changes in the holding company discount in India.
We track the reasons for change in the holdco discount if any and upcoming triggers for these companies.
While this note captures 4 holding companies, we intend to add more names in coming weeks.


HoldCo Weekly (31 Jul): Where's the Discount?

India

JK Paper is a leading Indian paper manufacturer, specializing in the production and sale of office papers, coated papers, writing and printing papers, and high-end packaging boards. The company offers a wide range of paper-based solutions, including branded copier paper and packaging boards for various industries like education, commercial printing, and consumer packaging. JK Paper Limited was founded in 1938 and is headquartered in New Delhi, India.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

JK Paper (JKPAPER IN)

HoldCo Weekly (21 Aug): Where’s the Discount?

Insight details why Tata Invest Corp and Kalyani Invest share price has been declining; Latesrt developments in TVS Holdings. Conclude with...

Sreemant Dudhoria

HoldCo Weekly (14 Aug): Where’s the Discount?

Insight details about the weekly changes in the holding company discount in India and upcoming triggers for these companies.

Sreemant Dudhoria

Dr Agarwal’s Health Care IPO Lockup - US$725m Lockup Release; PE Investors May Look to Cash Out

TPG and Temasek are selling part of their stakes , around 11% of Dr Agarwal Health Care's existing share capital, to raise around US$183m, at a...

Akshat Shah

HoldCo Weekly (7 Aug): Where’s the Discount?

Insight on weekly changes in holding company discounts in India, tracking reasons for change and upcoming triggers for 5 companies with plans to...

Sreemant Dudhoria

HoldCo Weekly (31 Jul): Where's the Discount?

Insight on weekly changes in holding company discounts in India, tracking reasons for change and upcoming triggers for companies with plans to add...

Sreemant Dudhoria

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

HoldCo Weekly (21 Aug): Where’s the Discount?

Insight details why Tata Invest Corp and Kalyani Invest share price has been declining; Latesrt developments in TVS Holdings. Conclude with...

Sreemant Dudhoria

HoldCo Weekly (14 Aug): Where’s the Discount?

Insight details about the weekly changes in the holding company discount in India and upcoming triggers for these companies.

Sreemant Dudhoria

Dr Agarwal’s Health Care IPO Lockup - US$725m Lockup Release; PE Investors May Look to Cash Out

TPG and Temasek are selling part of their stakes , around 11% of Dr Agarwal Health Care's existing share capital, to raise around US$183m, at a...

Akshat Shah

HoldCo Weekly (7 Aug): Where’s the Discount?

​Insight on weekly changes in holding company discounts in India, tracking reasons for change and upcoming triggers for 5 companies with plans to...

Sreemant Dudhoria

HoldCo Weekly (31 Jul): Where's the Discount?

​Insight on weekly changes in holding company discounts in India, tracking reasons for change and upcoming triggers for companies with plans to add...

Sreemant Dudhoria

Insight on weekly changes in holding company discounts in India, tracking reasons for change and upcoming triggers for 5 companies with plans to...

Insight on weekly changes in holding company discounts in India, tracking reasons for change and upcoming triggers for companies with plans to add...