In today’s briefing:
- The Beat Ideas: What Is Inside Jio Financial Services?
- Premier Energies US$825m IPO Lockup – The Largest Seller in the IPO Is Sitting on 48x Gains
- Event Driven: UltraTech’s Bold Foray into Wires & Cables 80,000+ Cr Market
- Postcard from Bengaluru | Quick Commerce On-The-Ground
The Beat Ideas: What Is Inside Jio Financial Services?
- Jio Financial Services (JIOFIN IN) has launched a robust digital ecosystem with its flagship JioFinance app, enhancing its tech-driven financial service offerings.
- The digital-first strategy minimizes legacy constraints, enabling personalized financial solutions that significantly boost efficiency and competitive advantage.
- This evolution redefines traditional banking, positioning JFSL as a versatile, technology-led powerhouse for sustainable growth in India’s financial sector.
Premier Energies US$825m IPO Lockup – The Largest Seller in the IPO Is Sitting on 48x Gains
- Premier Energies raised around US$337m after pricing the deal at the top end of the range in Sep 2024. Its IPO linked lockup is set to expire soon.
- Premier Energies is a manufacturer of solar photovoltaic (PV) cells, and solar modules. It also executes engineering, procurement, and construction (EPC) projects and provides follow-up operation and maintenance (O&M) services
- In this note, we will talk about the lockup dynamics and possible placement.
Event Driven: UltraTech’s Bold Foray into Wires & Cables 80,000+ Cr Market
- UltraTech Cement, part of the Aditya Birla Group, is entering the 80,000+ crore wires & cables market with INR 1,800 crore investment, targeting a December 2026 plant launch in Gujarat.
- The sector is highly fragmented, with no dominant player exceeding 20% market share, creating an opportunity for UltraTech to disrupt with its financial strength, backward integration, and superior product quality.
- This move positions UltraTech as a diversified building materials leader, leveraging synergies with Hindalco to offer cost-efficient, high-quality electrical solutions, reshaping competition in the industry.
Postcard from Bengaluru | Quick Commerce On-The-Ground
- Quick Commerce offers infinite TAM with rapid metro adoption, but requires endless investment in faster delivery times to remain competitive.
- Delivery partners bear the operational burden, working long hours for modest pay while tech stacks across competitors remain largely similar.
- Despite investor excitement, QC margins remain elusive due to high competition, homogeneous offerings, and limited pricing power compared to food delivery.
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