Story thread · 2 reports / 1 sources

Ace Designers Said to Weigh Up to $400 Million India IPO

bloomberg.com · 3hShare

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.

First report: KKR-Backed Advanta Said to Start Road Show for $400 Million IPO — bloomberg.com, 1d