Quadria Capital-backed Nobel Hygiene eyes Rs 150 Cr IPO

Nobel Hygiene has filed its DRHP with SEBI for an IPO comprising a fresh issue of up to Rs 150 crore and an offer for sale of up to 15.51 million shares. The company plans to use the fresh issue proceeds for debt repayment, subsidiary investment and manufacturing expansion, as…

Homegrown personal care company Nobel Hygiene has filed for an IPO to expand manufacturing capacity, targeting massive growth runways in India’s underpenetrated adult and infant care markets.