Weekly Recap: Nobel Hygiene Files for IPO, Attindas Hygiene Partners to Acquire Activ Médical Disposable & More

Nobel Hygiene Limited, a manufacturer of absorbent hygiene products, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).

The proposed IPO comprises a fresh issue of equity shares worth up to Rs 150 crore and an offer for sale (OFS) of up to 15,511,082 equity shares by existing shareholders, including Kamal Kumar Johari and Kamini Kamal Johari (promoter selling shareholders), and Orbit Investment Holdings Pte. Ltd., Sixth Sense India Opportunities III, Bennett Trading LLP, Manish Dharanendra Ladage, Seema Manish Ladage, and Lashit Lallubhai Sanghvi (investor selling shareholders).

Meanwhile, Attindas Hygiene Partners has entered into a binding agreement to acquire Activ Médical Disposable (AMD), a French manufacturer specializing in high-quality, eco-designed hygiene and personal care products. Subject to regulatory approval and customary closing conditions, the acquisition would expand Attindas’ range of available solutions across the region by adding AMD’s manufacturing capabilities, enabling Attindas’ future growth through the addition of a complementary product portfolio and new customer relationships.

Here are our top 3 most-viewed stories from the past week:

1. Nobel Hygiene Files for IPO

2. Attindas Hygiene Partners to Acquire Activ Médical Disposable

3. Collaboration Yields Biodegradable Wash Mitt for Healthcare Settings