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Bloomberg

Encube Ethicals Said to Plan $317 Million India IPO This Month

Wednesday, November 4, 2026


Encube Ethicals Pvt., a company backed by private equity firm Quadria Capital, is preparing for an initial public offering in Mumbai. The offering could raise approximately 30 billion rupees, equivalent to $317 million, according to reporting on the matter. No official announcement or regulatory filing has been confirmed by the company.

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