India focused Portfolio Advisory - Exp of 40+years, Das Capital Management and Advisors

Arun Thirumalai

India focused Portfolio Advisory - Exp of 40+years

Das Capital Management and Advisors

Das Capital is a research boutique with an aim to continuously map and plan the investment needs of investors focused on India. We have a six member research team with a combined experience of over 40 years as a part of our investment wing. Our team assisted in the setup of Premji Investments, which was one of India’s first family offices focused to managing Mr.Azim Premji personal wealth. We also serve as a research team to two Indian private equity energy funds “Small is Beautiful” and “KSK Emerging India Energy Fund”.

Equity Capital Markets

Tejas Networks Limited / Equity Capital Markets

<p>The post by Toh Zen Zhou <a href="https://www.smartkarma.com/insights/tejas-network-ipo-review-a-short-term-bet-on-the-growth-on-india-s-internet" target="_blank" data-smartkarma-citation="insights:11386">Tejas Network IPO Review - A Short-Term Bet on the Growth of India’s Internet</a> is well researched and comprehensive. We agree with most of the view expressed in the note but would like to add few more observations regarding the proposed IPO.</p><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/028/025/original/Capture.PNG?1497508627" class="editor-image img-responsive" data-smartkarma-image-id="28025"></figure><div class="content-highlight"><h2><strong>Utilization of net proceeds from the IPO</strong></h2></div><table class="table table-striped"><tbody>
<tr>
<td><strong>Particulars</strong></td>
<td>
<strong>Amount (in </strong>Rs<strong> mn)</strong>
</td>
<td><strong>Amount(USD mn)</strong></td>
</tr>
<tr>
<td><strong>Capital expenditure towards payment of salaries to R&amp;D</strong></td>
<td>452</td>
<td>6.7</td>
</tr>
<tr>
<td><strong>Working capital </strong></td>
<td>3030</td>
<td>45</td>
</tr>
</tbody></table><div class="content-highlight"><h2>
<strong> </strong><strong>Key growth drivers for the company<br></strong>
</h2></div><p><strong>Increased use of smartphone and</strong>…</p>

The post by Toh Zen Zhou Tejas Network IPO Review - A Short-Term Bet on the Growth of India’s Internet is well researched and comprehensive. We agree with most of the view expressed in the note but would like to add few more observations regarding the proposed IPO.Utilization of net proceeds from the IPO

Particulars

Amount (in Rs mn)

Amount(USD mn)


Capital expenditure towards payment of salaries to R&amp;D
452
6.7


Working capital 
3030
45


 Key growth drivers for the company 
Increased use of smartphone and…

Tejas Networks- Reasonably Valued Unique Opportunity.

APAC IPOs & Placements

Zhen Zhou, Toh

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

<p><a href="https://www.smartkarma.com/entities/24188" target="_blank" data-smartkarma-citation="entities:24188:1">Tejas Networks Limited (7177549Z IN)</a> is raising about US$120m from its upcoming IPO through the issuance of primary and secondary shares. Proceeds raised from primary shares will be mainly used for working capital and general corporate purposes.</p><p>In this insight, we will review Tejas Network's business model, past performance, and government projects and initiatives in India's telecommunication industry. We will also run the deal through our ECM framework as usual and value the company against peers.</p>

Tejas Networks Limited (7177549Z IN) is raising about US$120m from its upcoming IPO through the issuance of primary and secondary shares. Proceeds raised from primary shares will be mainly used for working capital and general corporate purposes.In this insight, we will review Tejas Network's business model, past performance, and government projects and initiatives in India's telecommunication industry. We will also run the deal through our ECM framework as usual and value the company against peers.

Tejas Network IPO Review - A Short-Term Bet on the Growth of India's Internet

India

Tejas Networks Limited produces optical and data networking products. The Company offers products such as converged packet optical, packet transport network, and enterprise ethernet switches. Tejas Networks serves telecom carriers, utilities, media, and defense sectors worldwide.

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Tejas Networks Limited (TEJASNET IN)

Tejas Networks- Reasonably Valued Unique Opportunity.

The post by Toh Zen Zhou Tejas Network IPO Review - A Short-Term Bet on the Growth of India’s Internet is well researched and comprehensive. We...

Das Capital Management and Advisors

Tejas Network IPO Review - A Short-Term Bet on the Growth of India's Internet

Tejas Networks Limited (7177549Z IN) is raising about US$120m from its upcoming IPO through the issuance of primary and secondary shares. Proceeds...

Zhen Zhou, Toh

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)