NSE selects 20 merchant bankers for proposed IPO

1773366061 unnamed file


NSE selects 20 merchant bankers for proposed IPO

National Stock Exchange of India (NSE) has selected 20 bankers for its long-awaited initial public offering, the exchange said in a statement.The selected bankers include Kotak Mahindra Capital, JM Financial and Axis Capital, as well as the Indian units of Morgan Stanley, Citigroup, JPMorgan Chase & Co and HSBC Holdings. Eight law firms have also been selected, including Cyril Amarchand Mangaldas, Khaitan & Co and Trilegal. Last month, NSE formed a committee and appointed Rothschild & Co as an adviser to oversee the listing process. Rothschild is leading the selection of lead bankers, legal counsel and other intermediaries for the IPO.This is a Bloomberg story



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