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Sumeet Singh
  • Sumeet Singh

ECM Weekly (24th Jul 2022)

Aequitas Research publishes weekly updates on the deals that have been covered by the team recently along with updates for upcoming IPOs in the past week.

Sumeet Singh
  • Sumeet Singh

WCP Pre-IPO

WCP aims to raise around US$690m via selling a mix of primary and secondary shares in its Korean IPO. WCP designs, manufactures, and sells separators, which are one of the four core materials for secondary Lithium-ion batteries. WCP focuses on the production of wet separators for rechargeable batteries for EVs and Ceramic Coated Separators. It is a subsidiary of W-Scope, which is listed in Japan. WCP reported a 3.2x increase in sales in FY20 and another 1.6x increase in sales in FY21. The sign...

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