{"id":5464,"date":"2024-12-13T13:18:20","date_gmt":"2024-12-13T07:48:20","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=5464"},"modified":"2024-12-13T13:18:22","modified_gmt":"2024-12-13T07:48:22","slug":"carlyle-group-eyes-1-billion-ipo-for-quest-global-in-india","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/carlyle-group-eyes-1-billion-ipo-for-quest-global-in-india\/","title":{"rendered":"Carlyle Group Eyes $1 Billion IPO for Quest Global in India"},"content":{"rendered":"\n<p>The Carlyle Group, a leading US-based investment firm, is reportedly planning an <strong>initial public offering (IPO)<\/strong> for its engineering services company, Quest Global, in India. This IPO could raise <strong>$1 billion<\/strong> and is being considered as early as next year, according to sources familiar with the matter.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Key Details of the IPO Plan<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Listing Location:<\/strong> Mumbai, India.<\/li>\n\n\n\n<li><strong>Expected Valuation:<\/strong> Quest Global may be valued at over <strong>$5 billion<\/strong> if the IPO materializes.<\/li>\n\n\n\n<li><strong>Redomicile to India:<\/strong> The company may shift its base to India to align with the country\u2019s rapid economic growth.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">About Quest Global<\/h3>\n\n\n\n<p>Founded in Singapore, Quest Global employs over <strong>20,000 people<\/strong> and provides engineering services across industries like aerospace, defense, automotive, energy, healthcare, and semiconductors. The firm\u2019s clientele includes global giants like <strong>Nvidia Corp.<\/strong> and <strong>Sony Group Corp.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Strong IPO Environment in India<\/h3>\n\n\n\n<p>India&#8217;s IPO market has been faring well, with $17.7 billion raised so far this year, almost breaching the annual record of $17.8 billion set in 2021. Strong economic performance and growing domestic investments have made India a destination of interest for global firms considering public listings.<\/p>\n\n\n\n<p>Carlyle acquired a sizeable minority stake in the Quest Global this year. The development marks a milestone for the expanding Quest Global. Indeed, with the IPO, Quest Global shall wear more muscles in the leadership chart of the engineering service sector.<\/p>\n\n\n\n<p>This move underlines the increasing interest of multinational firms in tapping the Indian equity market on the back of strong investor sentiment and economic growth in the country.<\/p>\n\n\n\n<p>Do you have a news tip for Lakshmishree reporters? Please email us at <a>media@lakshmishree.com<\/a><\/p>\n\n\n\n<p><sup><sub>Source: <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/carlyle-group-said-to-mull-1-billion-india-ipo-for-quest-global-12889304.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/carlyle-group-said-to-mull-1-billion-india-ipo-for-quest-global-12889304.html\" rel=\"noreferrer noopener\">Moneycontrol<\/a><\/sub><\/sup><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Carlyle Group, a leading US-based investment firm, is reportedly planning an initial public offering (IPO) for its engineering services company, Quest Global, in India. This IPO could raise $1 billion and is being considered as early as next year, according to sources familiar with the matter. Key Details of the IPO Plan About Quest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[159],"class_list":["post-5464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-carlyle-group"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=5464"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5464\/revisions"}],"predecessor-version":[{"id":5466,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5464\/revisions\/5466"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/5465"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=5464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=5464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=5464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}