In today’s briefing:
- Interglobe Aviation (Indigo) Placement – Second US$800m+ Deal by Co-Founder This Year
- India’s Industrial Transformation: A Comprehensive Ind Primer on Reliance Ind Multi-Sector Dominance
- Deep Industries: An Oil & Gas Powerhouse Proxy of India
Interglobe Aviation (Indigo) Placement – Second US$800m+ Deal by Co-Founder This Year
- InterGlobe Aviation Ltd (INDIGO IN) co-founder, Rakesh Gangwal, aims to raise around US$802m via selling around a 3% stake in Indigo.
- He had earlier stated his intention to pare down his stake after a long drawn, and very public battle, with his co-founder Rahul Bhatia. He has sold many times before.
- In this note, we run the deal through our ECM framework and comment on deal dynamics.
India’s Industrial Transformation: A Comprehensive Ind Primer on Reliance Ind Multi-Sector Dominance
- Jio dominates telecom with 42% market share and 480M+ subscribers, driving India’s 5G revolution.
- Spans oil-chemicals, retail, digital services, renewable energy with vertical integration advantages across sectors.
- Targeting Net Carbon Zero by 2035 with 100 GW renewable capacity and world’s largest green energy ecosystem.
Deep Industries: An Oil & Gas Powerhouse Proxy of India
- Deep Industries has posted stellar Q1 FY26 results, fueled by aggressive revenue growth and a strengthened, diversified order book.
- The company’s strategic focus on high-value, long-tenure contracts and new business verticals positions it for sustained, high double digit growth in a supportive market.
- Company re-emphasized 30% revenue growth for the next year, along with potential recovery from bad assets.
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