Archive · 19 Nov 2025
Blackstone to Sell 9.5% Stake in Mphasis via Block Deal
Mphasis Ltd., an IT services provider, is in the news as its majority shareholder, Blackstone, plans to sell a significant portion of its stake through a block deal.
This deal, the largest among three expected today, could fetch around ₹4,600 crore.
Mphasis has confirmed that it is not involved in this transaction, which involves its promoter, BCP Topco IX Pte.
Ltd.
(part of the Blackstone Group).
The deal size is substantial, and the stock is down 6% year-to-date.
Blackstone entity BCP TOPCO to sell 9.5% stake in Mphasis
Deal size approximately ₹4,626 crore with a 180-day lock-in
Floor price set at ₹2,570 per share, a 4.4% discount to Monday's closing price
Mphasis not party to the transaction, seeking clarity from promoters
Deal expected to be the largest among three planned today
- Who
- Mphasis Ltd., Blackstone (promoter)
- What
- Block deal of up to 9.5% of Mphasis' total equity
- When
- November 18, 2022
- Where
- Indian stock market
- Why
- Blackstone likely selling stake for ₹4,600 crore
Blackstone's Stance
Mphasis' Stance
Stake Sale
Blackstone's Stance
Blackstone is likely to sell up to 9.5% stake in Mphasis
Mphasis' Stance
Mphasis is not a party to this transaction and is seeking clarity from promoters
- Deal Size
- ₹4,626 crore
- Discount to Previous Closing Price
- 4.4%
- Lock-in Period
- 180 days
- Promoter's Stake Before Deal
- 40.1%
- Mphasis' Closing Price on Monday
- ₹2,682
Sources
Mphasis Block Deal: Stock in focus as promoter Blackstone likely to pare stake for ₹4,600 crore
Stocks in news: PhysicsWallah, Tata Power, Paytm, Mphasis, DCX Systems and more
Mphasis issues clarification on Blackstone trimming stake report
Mphasis says Blackstone promoter may sell up to 18 million shares; no material event yet