Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, 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

<ul>
<li>Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.</li>
<li>As <a href="https://www.smartkarma.com/entities/sbi-sumishin-net-bank" target="_blank" data-smartkarma-citation="entities:34572:1" rel="noopener">SBI Sumishin Net Bank (7163 JP)</a> called off its listing, Government of India is still vacillating on <a href="https://www.smartkarma.com/entities/life-insurance-corp-of-india-lic" target="_blank" data-smartkarma-citation="entities:28829:1" rel="noopener">Life Insurance Corp of India (LIC) (1248Z IN)</a>. </li>
<li>Placement scene remains quiet with <a href="https://www.smartkarma.com/entities/cosmo-energy-holdings-co-ltd" target="_blank" data-smartkarma-citation="entities:26565:1" rel="noopener">Cosmo Energy Holdings (5021 JP)</a> deeply discounted block following up on <a href="https://www.smartkarma.com/entities/zip-industries-aust-pty-ltd" target="_blank" data-smartkarma-citation="entities:24111:1" rel="noopener">ZIP Holdings (ZHL AU)</a> deeply discounted block the previous week.</li>
</ul>


Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
As SBI Sumishin Net Bank (7163 JP) called off its listing, Government of India is still vacillating on Life Insurance Corp of India (LIC) (1248Z IN). 
Placement scene remains quiet with Cosmo Energy Holdings (5021 JP) deeply discounted block following up on ZIP Holdings (ZHL AU) deeply discounted block the previous week.


ECM Weekly (13th Mar 2022)-Arrail, Aquila, Propguru, Ferretti, Jinmao, Nio, Fabindia, Hyu Hvy, Cosmo

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

ZIP Industries Aust Pty Ltd / Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/24111" target="_blank" data-smartkarma-citation="entities:24111:1">ZIP Holdings (ZHL AU)</a> is looking to raise approximately US$311.6-332.7m in its upcoming IPO. About US$208-222.5m will be fulfilled through the issuance of primary shares while the remaining will be from Quadrant PE and Michael Crouch selling their shares. Post-IPO, Michael and Quadrant PE will continue to retain at least 20% of Zip's enlarged outstanding shares.</p><p>In this insight, we look at Zip's revenue driver, market share, competitive moat, and future growth. As usual, we will the run deal through our ECM framework.</p>

ZIP Holdings (ZHL AU) is looking to raise approximately US$311.6-332.7m in its upcoming IPO. About US$208-222.5m will be fulfilled through the issuance of primary shares while the remaining will be from Quadrant PE and Michael Crouch selling their shares. Post-IPO, Michael and Quadrant PE will continue to retain at least 20% of Zip's enlarged outstanding shares.In this insight, we look at Zip's revenue driver, market share, competitive moat, and future growth. As usual, we will the run deal through our ECM framework.

Zip Holdings IPO - A Leader in a Niche Market With Limited Growth and Product Diversification

Australia

ZIP Industries (Aust.) Pty Limited provides water treatment and purification equipment. The Company offers water filters, coolers, hydrotaps, boilers, and other related products. ZIP Industries serves customers in Australia.

ZIP Industries Aust Pty Ltd (ZHL AU)

ECM Weekly (13th Mar 2022)-Arrail, Aquila, Propguru, Ferretti, Jinmao, Nio, Fabindia, Hyu Hvy, Cosmo

Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.

Sumeet Singh

Zip Holdings IPO - A Leader in a Niche Market With Limited Growth and Product Diversification

ZIP Holdings (ZHL AU) is looking to raise approximately US$311.6-332.7m in its upcoming IPO. About US$208-222.5m will be fulfilled through the...

Zhen Zhou, Toh