Analysts' Top IPO Pick: Aequs Beats Meesho and Vidya Wires in Long-Term Prospects
AI Summary1 min read
TL;DR
Analysts favor Aequs as the top long-term IPO pick among Meesho, Aequs, and Vidya Wires, citing its business model and valuation, though Meesho leads in market buzz with a higher premium.
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IPOAequsMeeshoVidya Wireslong-term investment
Three Indian IPOs - Meesho, Aequs, and Vidya Wires - are set to raise funds this week. Analysts rank Aequs as the top pick for long-term investors due to its plausible business model, financials, and valuation. However, GMPs suggest Meesho is leading the buzz with a 40% premium, followed by Aequs with a 37% premium. The three companies have different business models, with Meesho being a consumer internet play, Aequs a precision aerospace manufacturer, and Vidya Wires an industrial copper-conductor maker.
