$300 million is the amount Nobel Hygiene Pvt. could raise in an India initial public offering now under consideration, according to people familiar with the matter.
Nobel Hygiene makes hygiene products, positioning the potential listing as a consumer-healthcare offering in India’s equity market.
Quadria-backed Nobel is still at the planning stage, indicating the deal size and timing could change as preparations progress.
Can a $300M IPO help a local brand dethrone global giants in India's booming hygiene market?
Is Nobel Hygiene's biodegradable diaper a sustainable revolution or a niche product for a price-sensitive India?