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The transaction is being done through an equity purchase stake that values each share at Rs 86.
Unlike others of its kind, the subscription window for the IPO will remain open for 4 days, which will be from March 2 to March 5
Carlyle's decision highlights the uncertainty that the spread of the virus in China and around the world has brought to financial markets
The PE firm had acquired the stake in March from BNP Paribas for Rs 5,445 crore
The shares were offloaded at an average price of Rs 938.83, valuing the transaction at Rs 2,816.5 crore, the data showed
Move follows expiry of restrictive clauses inserted at the time he sold his stake in Metropolis Healthcare to Carlyle Group
Carlyle co-CEOs to become co-executive chairmen of the Washington-based firm's board
Carlyle has invested more than $1.4 billion of equity in over 30 transactions in India