Macro Finance
Ace Designers Said to Weigh Up to $400 Million India IPO
Bloomberg Markets·September 29, 2026·1 min read
Ace Designers Ltd., a manufacturer of industrial machinery, has begun discussions with investment banks about a potential initial public offering in Mumbai that could raise as much as $400 million, according to people familiar with the matter. The IPO would mark a significant move for the company, tapping India's growing capital markets.
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