Blackstone said to weigh $500 million India IPO for PGP Glass

  • Posted on January 21, 2026
  • By Business News Today
  • 2 Views
Blackstone said to weigh $500 million India IPO for PGP Glass

Blackstone Inc. is exploring a public offering for its Indian glass packaging firm, PGP Glass Pvt. The deal could raise up to $500 million. Discussions are ongoing with banks for a potential valuation of $4 billion. This move comes as India's IPO market shows strong performance. PGP Glass specializes in glass packaging for various sectors.
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