How is Blackstone’s bet turning out as IGI India eyes over $2 bn tag?
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How is Blackstone’s bet turning out as IGI India eyes over $2 bn tag?

By Siddhant Mishra

  • 09 Dec 2024
Pro
How is Blackstone’s bet turning out as IGI India eyes over $2 bn tag?
Credit: 123RF.com

Blackstone, the world’s biggest private equity firm, will churn out spectacular returns through a quick partial exit from International Gemmological Institute (India) Ltd as the diamond certification company floats its initial public offering.  IGI India will hit the street with its Rs 4,225-crore IPO ($498 million) on Dec. 13. The IPO ......

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