APAC IPOs & Placements, Aequitas Research

Akshat Shah

At Aequitas we cover all IPOs and placements across Asia-Pac with a deal size of at least US$100m. 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%.

APAC 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

InCred Holdings Limited / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/incred-holdings-limited" target="_blank" data-smartkarma-citation="entities:49402:1" rel="noopener">InCred Holdings Limited (IHL IN)</a> is looking to raise about US$422m in its upcoming India IPO. The deal will be run by IIFL, InCred Wealth, Kotak, Nomura and UBS.</li>
<li>IHL is primarily engaged in retail-focused NBFC lending businesses through subsidiary, InCred Financial Services, offering personal loans, student loans, secured business loans, specialised MSME loans and lending to financial institutions.</li>
<li>According to CRISIL, it was the fastest growing diversified player in terms of PAT CAGR and the second fastest in terms of AUM CAGR among the diversified peers over FY23-25.</li>
</ul>



InCred Holdings Limited (IHL IN) is looking to raise about US$422m in its upcoming India IPO. The deal will be run by IIFL, InCred Wealth, Kotak, Nomura and UBS.
IHL is primarily engaged in retail-focused NBFC lending businesses through subsidiary, InCred Financial Services, offering personal loans, student loans, secured business loans, specialised MSME loans and lending to financial institutions.
According to CRISIL, it was the fastest growing diversified player in terms of PAT CAGR and the second fastest in terms of AUM CAGR among the diversified peers over FY23-25.


Aequitas: InCred Holdings Pre-IPO Tearsheet