The IPO & Placement Research you won’t get from the banks.


Aequitas is an independent equity research firm delivering timely, institutional-quality IPO and Placement analysis to institutional investors.

Fundamental, bottom-up research, overlaid with our proprietary quantitative MADS framework. Consistent coverage on every deal, at every stage.

US IPOs over US$100m
APAC IPOs, placements, and lock-up expiries over US$100m

We’ve covered 1,000+ APAC IPOs since 2015 — US IPO coverage has just launched.

Track record — Asia Pacific, since 2015

1,044 IPOs covered — 73.1% accuracy — 40.5% participation

1,622 placements covered — 69.3% accuracy — 75.5% participation

Graded on five trading days of actual price action — a 1% buffer above IPO price, or deal price for placements — not a same-day snapshot.

No. of IPOs and Placements Covered

Accuracy Rates (%)