Aequitas Research

Aequitas Research is a leading ECM research firm with a focus on IPOs and placements/follow-on offerings across the Asia Pacific with deal size of over USD100m. 

Since 2015, we have covered 400+ IPOs and 450+ placements with a hit rate of 73% and 65%, respectively. We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic analysis.
 
Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis. We also provide a more quant driven analysis on placement/follow-on offerings.
 
Markets that we cover include:
Hong Kong,
China ADRs,
India,
Japan,
Australia, and
ASEAN.

Regulatory Information

  • Regulatory Status: Exempt from regulation

Analysts

  • Sumeet Singh

    Head of Research
Sumeet Singh

Latitude Financial Group IPO - Steady but Slow

Latitude Financial Services plans to raise up to US$950m in its upcoming IPO in Australia. The business was purchased by a group of financial investors from GE capital in 2015. The company had tried to list in late 2018 but the deal didn't come through. Latitudes operations have been steady but slow and the new CEO along with the renewed push for BNPY offers hope. However, the competition for BNPY sector is already intense and Latitude seems to be slightly late to the game. At the same time, regulatory scrutiny of the BNPY sector is picking up and also remains an overhang for Latitude's tradi...

Sumeet Singh

Latitude Financial Group IPO - More like Flexigroup and Less like Afterpay, for Better or Worse

Latitude Financial Services plans to raise up to US$950m in its upcoming IPO in Australia. The business was purchased by a group of financial investors from GE capital in 2015. The company had tried to list in late 2018 but the deal didn't come through. Latitude's operations have been steady but slow and the new CEO along with the renewed push for BNPY offers hope. As mentioned earlier, in an ideal world, the company should have pushed through with its BNPY product and shown results, at least for a few quarters, before coming to the market to list. Otherwise, as of now, one would be investing...

Sumeet Singh

Latitude Financial Group IPO - Steady but Slow

Latitude Financial Services plans to raise up to US$950m in its upcoming IPO in Australia. The business was purchased by a group of financial investors from GE capital in 2015. The company had tried to list in late 2018 but the deal didn't come through. Latitudes operations have been steady but slow and the new CEO along with the renewed push for BNPY offers hope. However, the competition for BNPY sector is already intense and Latitude seems to be slightly late to the game. At the same time, regulatory scrutiny of the BNPY sector is picking up and also remains an overhang for Latitude's tradi...

Sumeet Singh

Latitude Financial Group IPO - More like Flexigroup and Less like Afterpay, for Better or Worse

Latitude Financial Services plans to raise up to US$950m in its upcoming IPO in Australia. The business was purchased by a group of financial investors from GE capital in 2015. The company had tried to list in late 2018 but the deal didn't come through. Latitude's operations have been steady but slow and the new CEO along with the renewed push for BNPY offers hope. As mentioned earlier, in an ideal world, the company should have pushed through with its BNPY product and shown results, at least for a few quarters, before coming to the market to list. Otherwise, as of now, one would be investing...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch