Ace Designers Said to Weigh Up to $400 Million India IPO
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,...
By Rajesh Mascarenhas · Bloomberg Markets
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.