Nobel Hygiene 
Dealstreet

Khaitan & Co, TT&A, JSA, Hogan Lovells Cadwalader act on Nobel Hygiene ₹150 crore+ proposed IPO

Nobel Hygiene is India’s largest home-grown branded manufacturer of absorbent hygiene products in value terms in Fiscal 2026.

Bar & Bench

Nobel Hygiene Limited has proposed an initial public offering of equity shares comprising a fresh issue amounting to ₹150 crore and offer for sale of up to 15,511,082 Equity Shares by the selling shareholders.

Khaitan & Co is advising Nobel Hygiene on this IPO.

The transaction team consists of Abhimanyu Bhattacharya (Partner), Thomas George (Partner), Poorvi M Jain (Principal Associate), Associates Sanjeev Ramakrishnan, Anand Sivasankaran and Nayonika Chatterji.

Abhimanyu Bhattacharya, Thomas George

TT&A is advising selling shareholders Orbit Investment Holdings Pte. Ltd. (a Quadria affiliate entity) and Sixth Sense India Opportunities III, on this IPO.

The transaction team consisted of Abhinav Kumar (Partner), Shubham Sancheti (Managing Associate), Indira Satish (Senior Associate) and Keshav Yadav (Associate).

Abhinav Kumar

JSA Advocates & Solicitors is advising the Book Running Lead Managers, ICICI Securities Limited, Motilal Oswal Investment Advisors Limited and SBI Capital Markets Limited, on this IPO.

The transaction team is being led by Madhurima Mukherjee Saha (Partner), with support from Shivali Singh (Partner), Bhavya Upadhyay (Senior Associate), Associates Priyanshi Bajaj, Anshuman Singh, Simran Sharma, Adnan Danish, and Mahaveer Singh (Company Secretary).

Madhurima Mukherjee Saha, Shivali Singh

Hogan Lovells Cadwalader served as the international legal counsel to the BRLMs on this IPO.

The transaction was led by Biswajit Chatterjee (Head of India Practice and Dubai Office Managing Partner), with support from Kaustubh George (Counsel), Jayant Bhardwaj (Senior Associate) and Purva Mishra (Associate).

Biswajit Chatterjee

Nobel Hygiene is India’s largest home-grown branded manufacturer of absorbent hygiene products in value terms in Fiscal 2026, among pure-play branded companies and offer a comprehensive product portfolio across absorbent hygiene categories, comprising adult absorbent hygiene products under Friends and B-Fit brands, baby absorbent hygiene products under Teddyy and Snuggy brands, and feminine absorbent hygiene products under the RIO brand.

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