India ·
Blackstone-backed AGS Health files updated DRHP for a ₹4,800cr IPO, with a ₹3,000cr Blackstone OFS
The Chennai-based healthcare RCM firm's updated DRHP pairs an ₹1,800 crore fresh issue with a ₹3,000 crore OFS from Blackstone vehicle BCP Asia II Topco VIII Pte, with reports pointing to a roughly $3B IPO valuation — about double what Blackstone paid for the company just a year earlier.
Source: Outlook Business ↗
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