Daily BriefsIndia

Daily Brief India: Swiggy, Greaves Electric Mobility Ltd (GEML), Crizac, Tata Motors ADR and more

In today’s briefing:

  • Aequitas 2025 Asia IPO Pipeline – India
  • Greaves Electric Mobility Ltd Pre-IPO Tearsheet
  • Crizac Pre-IPO – Expanding Network and Service Portfolio to Drive Growth
  • Lucror Analytics – Morning Views Asia


Aequitas 2025 Asia IPO Pipeline – India

By Sumeet Singh

  • In this note, we will take a look at the Asia Pacific IPO pipeline for 2025, following up with a look at India after having looked at Hong Kong earlier.
  • This list has been compiled on a best effort basis from tracking the company filings and through various other sources.
  • The deals you see in this note are only a part of our full IPO pipeline tracker. Feel free to drop us a message for additional information on these IPOs.

Greaves Electric Mobility Ltd Pre-IPO Tearsheet

By Rosita Fernandes

  • Greaves Electric Mobility Ltd (GEML) (1295040D IN) is looking to raise about US$120m in its upcoming India IPO. The bookrunners for the deal are Motilal Oswal, IIFL, JM fin.
  • GEML is a manufacturer of electric vehicles in India, specializing in electric two-wheelers and three-wheelers.
  • The company is recognized as one of the pioneers in India’s electric vehicle (EV) market, playing a significant role in driving EV adoption in the country, as per CRISIL Report.

Crizac Pre-IPO – Expanding Network and Service Portfolio to Drive Growth

By Akshat Shah

  • Crizac (CRIZAC IN) is looking to raise US$120m in its upcoming India IPO.
  • Crizac is an education platform offering international student recruitment solutions to global institutions of higher education in the United Kingdom, Canada, Republic of Ireland, Australia and New Zealand (ANZ).
  • In this note, we talk about the company’s historical performance.

Lucror Analytics – Morning Views Asia

By Leonard Law, CFA

  • In today’s Morning Views publication we comment on developments of the following high yield issuers: China Jinmao, Tata Motors
  • In the US, the ADP employment survey showed that private sector job growth slowed to 122 k (140 k e / 146 k p) in December 2024. Meanwhile, initial jobless claims for the week ended 4 January 2025 fell to 201 k (215 k e / 211 k p).
  • According to the minutes of the FOMC’s December 17-18th meeting, Fed officials believed that the “overall pace of disinflation had slowed over 2024” and the process of moving towards 2% could take longer than previously anticipated.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars