NSE IPO: Big update on NSE IPO, 20 merchant bankers including Morgan Stanley appointed – Market

The National Stock Exchange (NSE) is working rapidly on its proposed Initial Public Offering (IPO). Exchange for IPO

The process of selection of merchant bankers, law firms and other intermediaries has been completed. The exchange said in an official statement released on its website on March 12 that this selection process has been decided by the IPO Committee of NSE and a total of 20 merchant bankers have been selected under this process, which include Kotak Mahindra Capital, JM Financial, Axis Capital, IIFL Capital Services, Motilal Oswal Investment Advisors, ICICI Securities, SBI Capital Markets, Nuvama Wealth. Management, HDFC Bank, Avendus Capital, Morgan Stanley India, Citigroup Global Markets India, JP Morgan India, HSBC Securities & Capital Markets India, IDBI Capital Markets & Securities, 360 One WAM, Anand Rathi Advisors, DAM Capital Advisors, Pantomath Capital Advisors and Equirus Capital. Are included.

Apart from this, 8 leading law firms have also been selected, which include Cyril Amarchand Mangaldas, Khaitan & Company, Latham & Watkins LLP, Sidley Austin Singapore, AZB & Partners, S&R Associates, Shardul Amarchand Mangaldas & Company and Trilegal. NSE also informed that Rothschild’s role as IPO advisor has now ended. This step of the exchange is considered important in taking forward the long-awaited public listing plan of NSE.

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