Carlyle-backed Quest Global has appointed five banks for a potential Mumbai IPO targeting up to $1 billion. Axis Capital, Kotak Mahindra Capital, JM Financial, Morgan Stanley and Citigroup will advise. The offering may combine fresh shares and existing investor sales, with a draft prospectus expected by December, though details remain subject to change.
Carlyle-backed Quest Global has appointed five banks for a potential Mumbai IPO targeting up to $1 billion. Axis Capital, Kotak Mahindra Capital, JM Financial, Morgan Stanley and Citigroup will advise. The offering may combine fresh shares and existing investor sales, with a draft prospectus expected by December, though details remain subject to change.
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