Sona Comstar

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Manufacturing

14 March, 2023

Blackstone spins dream returns from over $1.8 bn India exit

Alternative asset giant Blackstone, that has been on a harvest drive in India and has encashed close to $2 billion ......

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Manufacturing

13 March, 2023

Blackstone exiting from India auto ancillary portfolio firm

Blackstone, the world’s largest alternative asset manager, is selling its remaining stake in Sona BLW Precision Forgings Ltd (Sona Comstar) ......

Finance

18 August, 2022

GIC adds stake in auto ancillary Sona BLW; Blackstone makes partial exit

Private equity major Blackstone sold a partial stake in listed auto ancillary, Sona BLW Precision in multiple block deals on ......

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Finance

22 October, 2021

Blackstone reports a 3.9x MOIC for first Asia fund; collects $10 bn for two new Asia funds

Blackstone Group Inc. has reported a multiple on invested capital (MOIC) of 3.9x for its first Asia fund BCP Asia ......

Manufacturing

16 August, 2021

Blackstone seeks shareholder approval to pay part of exit proceeds to Sona execs

Private equity firm Blackstone is seeking shareholder approval for an exit return incentive (ERI) plan that envisages to pay a ......

Consumer

11 June, 2021

IPOs of private equity backed Sona Comstar, KIMS, Dodla Dairy to open next week

Initial public offerings (IPOs) of three private equity backed companies -- auto component maker Sona BLW Precision Forgings (Sona Comstar), ......

Manufacturing

11 May, 2021

Blackstone-promoted Sona BLW gets SEBI nod for Rs 6,000 crore IPO

Blackstone-promoted Sona BLW Precision Forgings Ltd has received Securities and Exchange Board of India’s approval for its Rs 6,000 crore ......

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Manufacturing

25 February, 2021

Blackstone set to book 12X returns on investment in IPO-bound Sona BLW

Global alternative assets manager Blackstone Group is set to book its most profitable return from an Indian investment with the ......

Manufacturing

24 February, 2021

Blackstone-backed auto parts maker Sona BLW files for float

Blackstone-promoted Sona BLW Precision Forgings Ltd (trade name Sona Comstar), an auto parts firm, has filed for an initial public ......

General

23 February, 2021

Grapevine: MobiKwik starts IPO process; Carlyle frontrunner for Mphasis deal

Fintech startup MobiKwik has appointed investment banks ICICI Securities and IIFL, besides a few law firms, to kickstart work on ......