{"id":87658,"date":"2026-02-27T00:00:00","date_gmt":"2026-02-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/27\/quest-global-eyes-india-listing-within-12-18-months\/"},"modified":"2026-02-27T00:00:00","modified_gmt":"2026-02-27T00:00:00","slug":"quest-global-eyes-india-listing-within-12-18-months","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/27\/quest-global-eyes-india-listing-within-12-18-months\/","title":{"rendered":"Quest Global eyes India listing within 12-18 months"},"content":{"rendered":"

Singapore-based engineering services firm <\/strong>Quest Global<\/a><\/strong> is preparing to launch an IPO in India within the next 12-18 months<\/strong>, as the company undertakes a reversal to shift its headquarters back to India ahead of the proposed listing, Reuters<\/a> reports, citing CEO Ajit Prabhu. The firm, backed by US private equity Carlyle, is looking to tap rising demand from energy and defence clients.<\/p>\n

Quest Global is also expanding in the Gulf.<\/strong> The company will establish engineering centres in the UAE under the country\u2019s NextGen FDI programme<\/a>, targeting sectors including energy, defense, and advanced manufacturing. <\/p>\n

Revenue trajectory: <\/strong>The company reported revenue of USD 1.1 bn last year and is targeting USD 2.5 bn in revenue over the next five years, implying an average annual growth of around 20%.<\/p>\n

Demand drivers: <\/strong>Quest Global operates in India\u2019s engineering, research and development (ER&D) segment, which accounts for roughly one-fifth of the country\u2019s USD 315 bn IT industry. The company is benefiting from increased demand for complex hardware-embedded software services. <\/p>\n

(** Tap or click the headline above to read this story<\/strong> with all of the links to our background as well as external sources.)<\/p>\n","protected":false},"excerpt":{"rendered":"

The company plans to relocate HQ to India via reverse flip ahead of proposed float; revenue target at USD 2.5 bn<\/p>\n","protected":false},"author":1,"featured_media":87659,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2420],"tags":[2402,2468,2419],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-87658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-watch","tag-enterpriseam-india","tag-ipo","tag-ipo-watch","wpautop","entry"],"acf":{"mongo_id":"805eb04c-7b77-4969-a0ee-caef4e3aa646","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/1\/1237.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Carlyle-backed Quest Global plans India IPO within 12-18 months","related_issue":[87648],"teaser":"The company plans to relocate HQ to India via reverse flip ahead of proposed float; revenue target at USD 2.5 bn"},"yoast_head":"\nQuest Global eyes India listing within 12-18 months - 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