Blackstone eyes $300m IPO of Indian diamond certification firm IGI

Blackstone eyes $300m IPO of Indian diamond certification firm IGI

FILE PHOTO: Signage is seen outside the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon/File Photo

Blackstone is exploring raising $300 million via an India IPO of the International Gemological Institute (IGI), less than a year after it acquired the company, amid booming stock markets in the region, three people familiar with the matter said.