Macro Finance
Encube Ethicals Said to Plan $317 Million India IPO This Month
Bloomberg Markets·November 4, 2026·1 min read
Encube Ethicals Pvt., backed by private equity firm Quadria Capital, is preparing for an initial public offering in Mumbai as soon as this month that could raise about 30 billion rupees ($317 million), according to people familiar with the matter. The listing would mark a significant milestone for the pharmaceutical company.
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