Quadria-backed Nobel Hygiene mentioned to plan $300 million India IPO
The Quadria Capital-backed firm has held preliminary discussions with funding banks a few potential itemizing and should appoint advisers within the coming weeks, the individuals mentioned, asking to not be recognized as a result of the data is personal.
The proposed IPO might embrace a mixture of recent share issuance and secondary gross sales by current traders, the individuals mentioned. Deliberations are ongoing, and particulars corresponding to measurement and timing might change.
A consultant for Nobel Hygiene mentioned the corporate commonly evaluates strategic and capital market alternatives and engages with exterior advisers infrequently as a part of that course of.
Indian corporations have raised about $3.1 billion by way of IPOs to date this yr, in contrast with roughly $22 billion in all of 2025, in response to information compiled by Bloomberg.
Quadria Capitalone of Asia’s largest healthcare-focused personal fairness corporations, introduced in 2021 that it had acquired a major minority stake in Nobel Hygiene.
Based in 2000 by Kamal Johari, the corporate manufactures hygiene merchandise tailor-made to Indian shoppers, in response to its web site.
