Blackstone Explores PGP Glass Listing Blackstone Inc. is actively evaluating a public offering for its Indian subsidiary, PGP Glass Pvt. The private equity giant is in early discussions with banks regarding the listing, seeking a potential valuation of **$4 billion**. The proposed deal targets a capital raise of up to **$500 million**. This strategic move aims to leverage the continued strength and liquidity of the Indian IPO market. PGP Glass remains a dominant manufacturer of glass packaging solutions across multiple industrial sectors.