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Carlyle Invests in Metropolis Healthcare's IPO in India

Carlyle Invests in Metropolis Healthcare's IPO in India

Mumbai-based Metropolis Healthcare Limited‘s initial public offering (IPO) to raise $174million was over subscribed 5.8 times at the end of the book-running process, stock exchange data showed.

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Of the 13.7 million shares the Indian diagnostics company intends to sell, investor CA Lotus Investments, a unit of Washington DC-based private equity firm Carlyle Group, will offload 7.4 million shares. The IPO includes an anchor portion of nearly 6 million shares. Of the remaining shares, investors bid for close to 44.6 million shares in the company, or 5.8 times the 7.7 million on offer.

Last updated: December 26th, 2025

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