2022 Asia IPO pipeline
Aequitas are currently tracking 100+ companies that have filed for IPOs across Asia-Pacific and are likely to list in 2022. Hong Kong continues to be the market with the greatest number of pipeline deals, including Wanda Commercial Management (US$4bn) and Imeik Tech HK (US$3bn). In India, notable filings include Delhivery (US$980m) and API Holdings (US$843m), while the filing for the US$5bn+ LIC IPO is awaited. Elsewhere, the performance of LG Energy’s mega IPO (US$11bn) will set the stage for other large Korean IPOs.
Aequitas aims to cover all IPOs and placements with a minimum deal size of US$100m across Asia-Pacific (ex A-shares), including China ADRs. They ended 2021 with an accuracy rate of 72.4% across 127 IPOs covered and 73.1% across 141 placements.
Edition: 127
- 21 January, 2022