WeWork India IPO - Thoughts on Peer Comp and Valuation
WeWork India Management Ltd is looking to raise about US$338m in its India IPO. In this note, we talk about the peer comp and implied valuations in...
551 Views
Niva Bupa Health Insurance IPO Lockup-Bunch of PE Investors Could Pare Around US$500m Worth of Stock
PE fund True North (via Fettle Tone) and Niva Bupa's MD and CEO, Krishnan Ramachandran have launched a INR10.8bn (US$126m) block of 132m shares or...
699 Views
Travel Food Services Pre-IPO - Flourishing Takeoff and Takeout Services
Travel Food Services is looking to raise about US$238m in its upcoming India IPO. In this note, we talk about the company’s historical performance.
529 Views
Sapphire Foods - Better than Expected Operating Performance
Sapphire Foods' (the second-largest franchisee operator for KFC and Pizza Hut) 3QFY25 results exceeded our expectations, driven by a stabilization...
490 Views
Whirlpool of India OFS Early Look - Another Large Selldown by Parent
Whirlpool Corporation is looking to raise about INR 46bn (US$530m) from selling a 31% stake in Whirlpool of India Ltd. In this note, we talk about...
540 Views