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NSE picks 20 bankers and 8 law firms for its long-delayed $1.5B–$2.5B IPO, ending a 10-year process.
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.
The appointments, made through a competitive process approved by NSE’s IPO Committee, follow SEBI’s January no-objection clearance.
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.
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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NSE elige a 20 banqueros y 8 bufetes de abogados para su largo retraso de $1.5B$2.5B IPO, terminando un proceso de 10 años.