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flag NSE picks 20 bankers and 8 law firms for its long-delayed $1.5B–$2.5B IPO, ending a 10-year process.

flag The National Stock Exchange of India (NSE) has selected 20 merchant bankers and eight law firms, including Cyril Amarchand Mangaldas and Khaitan & Co, to support its upcoming IPO, a key step after years of delays. flag The appointments, made through a competitive process approved by NSE’s IPO Committee, follow SEBI’s January no-objection clearance. flag The IPO, structured as an offer-for-sale by existing shareholders, aims to raise $1.5 billion to $2.5 billion and could take up to eight months. flag It marks NSE’s first public listing, ending a decade-long process that began in 2016 amid regulatory scrutiny over its trading systems.

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