⁠The IPO consists of a fresh issue of shares worth up to 18 billion rupees, and Blackstone selling shares worth up to 30 billion rupees. AGS Health had confidentially filed for an IPO ⁠with the ‌Securities and Exchange Board of India (SEBI) in April, with the proposed ⁠listing valuing the company at about $3 billion, Bloomberg News had reported.

The confidential route allows companies to submit draft papers with the regulator for feedback without making the details public, giving them greater flexibility on ‌timing and disclosure. S.

hospitals ⁠and healthcare providers manage billing, insurance claims and payments. 41 billion rupees, draft papers showed.