Ace Designers Said to Weigh Up to $400 Million India IPO
Industrial machinery manufacturer Ace Designers Ltd. is reportedly in talks with investment banks regarding a potential initial public offering in Mumbai. The company aims to raise up to $400 million through the offering.
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.
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