Research notes

The report states SK Hynix has shelved plans for a US listing of its memory-chip subsidiary Solidigm.

The report states EAAA India Alternatives secured ₹360 crore from anchor investors ahead of its IPO.

The report states Jio Platforms' ₹30,213 crore IPO received bids worth over ₹4.9 lakh crore, total demand exceeding ₹7.4 lakh crore including anchor investors, a record 1.39 crore applications, and closed at 22.19 times subscription.

The report states Reliance Industries is poised to step up Venezuelan crude purchases as the US pushes for a larger Indian footprint in such procurement.

The report states Delhi International Airport recorded its highest-ever first-half passenger volume at 38.5 million travelers in H1 FY27, with traffic growing 5% year-on-year.

The report states Simplismart is in early talks to raise $40-50 million in new funding, expected to triple its current valuation.

The report states OpenAI is accelerating efforts to raise $30 billion at a valuation of $1.4 trillion ahead of rival Anthropic's planned IPO.

The report states EAAA India Alternatives has filed its RHP for an IPO comprising an offer for sale of up to ₹1,200 crore, with bidding scheduled from October 26 to 28, 2026.

The report states SFC Environmental Technologies has announced an IPO worth ₹667.53 crore with a price band of ₹313 to ₹330 per share, opening on October 27, 2026, and listing on BSE and NSE.

The report states PRISM is planning to cut the fresh issue size in its proposed IPO by nearly 50%, from ₹6,650 crore to ₹3,350 crore, reflecting strong internal cash generation and debt reduction goals.

The note says Brookfield agreed to acquire a 10.5 million sq ft industrial logistics portfolio from ESR India for Rs 4,300 crore.

The note says the RBI formally removed Paytm Payments Bank from the second schedule of the RBI Act after the earlier cancellation of its banking licence.

The note cites Suzlon's Girish Tanti saying India's wind power capacity could surpass 250 GW by 2035, exceeding current government projections.

The note says Reliance is expected to more than double Venezuelan crude imports to about 465,000 barrels daily, a seven-year high, and that Kiko Milano plans India expansion through Reliance Retail.

The note says NTPC is narrowing down three sites in Madhya Pradesh, Bihar and Odisha for 6-12 GW of nuclear capacity and plans to invest Rs 14,000 crore in a coal gasification facility at Talaipalli, Chhattisgarh.

The note says Ola Electric fixed Rs 27 per share for its Rs 1,000-crore rights issue, offering two rights shares for every 25 held, with promoter participation.

The note says Airtel raised postpaid tariffs by 2.9%-3.1% effective October 8, its first broad-based revision in over two years, and that Jio and Airtel are targeting premium and postpaid subscribers to improve ARPU.

The note says the company filed its DRHP with SEBI for an IPO comprising a fresh issue of up to 7.1 crore equity shares, with proceeds mainly for advanced machinery.

The note says the company has set its IPO price band at Rs 105-112 per share for an issue size of about Rs 116 crore, with bidding opening October 13.

The note reports Paramount Skydance completed its $110-billion takeover of Warner Bros Discovery.

The digest states Citigroup ranked first in global IPO underwriting through September.

The note reports the Chinese AI firm plans an early-2027 Hong Kong IPO targeting up to $5 billion after a final private round at a $50 billion valuation.

The digest says Garuda Aerospace secured $10 million in pre-IPO funding at a $320 million valuation ahead of a planned listing.

The note reports that Jefferies raised its weighting on Reliance Industries in its model portfolio.

The digest reports that Jefferies added Kotak Mahindra Bank to its model portfolio; it also notes Kotak Mahindra Capital ranked first in the ECM league table with 45 deals worth Rs 379 billion.