Bluestone Jewellery and Lifestyle Pre-IPO - Strong Growth but with Cash Flow Struggles
​Bluestone Jewellery (BJL) to raise $118m in India IPO, known for contemporary lifestyle diamond, gold, and platinum jewellery as second largest...
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Bank of Baroda QIP Early Look - Well Flagged but Last Deal Did Not Do Well
Bank of Baroda (BOB IN) is looking to raise upto INR85bn (US$980m) in its upcoming QIP. In Feb 2025's filing, it mentioned its board’s approval to...
453 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.
532 Views
Hexaware Technologies IPO Trading - Very Strong Anchor, Very Poor Overall
Hexaware Technologies raised around US$1bn in its India IPO, while its anchor book was strong, overall coverage was not.
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ECM Weekly (17th Feb 2025) - CATL, Hengrui, Mixue, Guming, Hexaware, Ajax, Aegis, Daiichi, Takasago
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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