Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of IPO & Placements for Aequitas Research. 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%. 
Prior to Aequitas. I was heading Content Strategy for Smartkarma, along with covering IPOs & Placement. In an earlier life I have covered ASEAN property and the banking space in India.

Head of Research, IPOs & Placements

UTI Asset Management IPO - Probably Not Cheap Enough

Computer Age Management Services Pre-IPO - Quasi Monopoly Status Muddled by Inconsistent Performance

Computer Age Management Services IPO - Appears Fairly Priced

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

Computer Age Management Services / Equity Capital Markets

Computer Age Management Services (CAMS IN)

<div><p>Computer Age Management Services (CAMS) raised around US$300m in its Indian IPO. The company is backed by Warburg Pincus and counts <a href="https://www.smartkarma.com/entities/national-stock-exchange" target="_blank" data-smartkarma-citation="entities:23751:1" rel="noopener">National Stock Exchange (NSEIN IN)</a>, <a href="https://www.smartkarma.com/entities/housing-development-finance-corporation" target="_blank" data-smartkarma-citation="entities:252:1" rel="noopener">Housing Development Finance Corporation (HDFC IN)</a> and <a href="https://www.smartkarma.com/entities/hdfc-bank-limited" target="_blank" data-smartkarma-citation="entities:558:1" rel="noopener">HDFC Bank (HDFCB IN)</a> amongst its shareholders.</p></div><div><p>I have covered most of the aspects of the deal in my earlier notes, <a href="https://www.smartkarma.com/insights/computer-age-management-services-pre-ipo-quasi-monopoly-status-muddled-by-inconsistent-performance" target="_blank" rel="noopener">Computer Age Management Services Pre-IPO - Quasi Monopoly Status Muddled by Inconsistent Performance</a> and <a href="https://www.smartkarma.com/insights/computer-age-management-services-ipo-appears-fairly-priced" target="_blank" rel="noopener">Computer Age Management Services IPO - Appears Fairly Priced</a>.</p></div><div><p>In this note, I'll talk about the deal dynamics and provide a table with implied valuation at different share price levels. </p></div>

Computer Age Management Services (CAMS) raised around US$300m in its Indian IPO. The company is backed by Warburg Pincus and counts National Stock Exchange (NSEIN IN), Housing Development Finance Corporation (HDFC IN) and HDFC Bank (HDFCB IN) amongst its shareholders.I have covered most of the aspects of the deal in my earlier notes, Computer Age Management Services Pre-IPO - Quasi Monopoly Status Muddled by Inconsistent Performance and Computer Age Management Services IPO - Appears Fairly Priced.In this note, I'll talk about the deal dynamics and provide a table with implied valuation at different share price levels. 

SBI Cards & Payment Services (SBICARD IN)

Computer Age Management IPO Trading - One of the Highest Subscriptions Driven by Insti and HNIs