IPOs & Markets
The nod from India’s market regulator comes as the country’s IPO market sees a revival.
1
India's markets regulator approves Jio Platforms' $3.8b IPO
2
How Shein had to make peace with China to finally go public
3
Asia’s IPO revival opens new exit routes for LPs
4
TBS, GoTo JV Electrum turns EBITDA-positive as H1 loss narrows 83%
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LeapFrog plans up to $100m in India healthcare investments over two years
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Morgan Stanley increases GoTo stake above 5%
Analysis
Shein first attempted to go public in New York and then in London.
The LP View
The IPO market is reopening across multiple secular growth themes.
Earnings and Results
Electrum’s stronger performance came as TBS’s portfolio continued to move towards non-coal businesses.
Private Equity
LeapFrog’s existing investments in the country include Redcliffe Labs and Healthify.
India
The fund is targeting a corpus of Rs 150 crore, with a Rs 50 crore greenshoe option.
World
The acquisition gives DigitalBridge exposure to smart-metering infrastructure.
The stock listed at 634 rupees, 111.3% above the issue price.
Singapore
Tan will join the Hong Kong management committee and succeed Jeremy Kok.
Greater China
The contrasting fortunes of Alibaba and Shein illustrate the structural transition in Greater China’s capital market.
