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India Business · economictimes.indiatimes.com · Monday, 27 July 2026

Goldman, Nomura, Axis steer Carlyle's $500M auto‑components IPO toward $2B valuation

Carlyle is preparing a $500 million IPO for Highway Roop Precision Technologies, its newly formed auto‑components platform, appointing Goldman Sachs, Nomura and Axis as lead managers. The offer‑for‑sale could value the merged company at roughly $2 billion, giving Carlyle a clear exit path for its stake.

Read the source: economictimes.indiatimes.com ↗In the 27 July issue →