Company B needed to track the development of another firm's IPO launch
Industry Focus
Real Estate
Geographic Coverage
Japan
Main Sources of Knowledge
IPO Lead underwriter & other underwriters
Other investment banks or stock brokerages
Equity & stock analysts
Journalists in finance or IT who have been covering the IPO build-up
Company X's investor relationship executive
Other real estate companies
Key government agencies like the SEC or Stock Exchange
Other industry experts or influencers
Key Research Topics
Company X's IPO strategy
Detailed description of the upcoming IPO, including:
market capitalization
bankers involved
bankers fees
green shoe
timeliness
stock code
lead manager
tentative IPO price
basic market profile/industry share
public offering of new shares for overseas market
offering of existing shares
over-allotment option
book-building period
other related issues
Expected and actual financials
Pre-IPO: Re-construction of expected financial profile out of the IPO exercise;
Post-IPO: Reporting on actual financial profile after the IPO activity.
Projected usage of capital infusion
Discussion on how Company X is expected to utilize the capital raised from the IPO, and whether or not the target capital was achieved.
Implications to other real estate companies
Insights from other real estate companies, particularly Y and Z, on their expectations on the Company X IPO, and its effect or impact on their business and the real estate market
Overview of the Singapore filing or IPO process
Discussion on the procedure for IPO filing and execution in Singapore
Overview of the differences between the Japan and US accounting principles
Discussion on the differentiating factors between the Japan & US accounting systems (GAAP)
Analysis
In depth evaluation of the overall performance of the Company X IPO
Estimated Person-Hours Spent
• 300-350 hours
Project Timeframe
• 6 weeks
Deliverable
• Report & analysis in MS PowerPoint presentation document
