The National Stock Exchange of India (NSE) has appointed a consortium of investment bankers and legal advisors for its long-awaited initial public offering (IPO).
The exchange has empaneled 20 merchant bankers and eight law firms to advise on the proposed public issue. This is the highest number of book-running managers appointed by an IPO-bound firm in the history of Dalal Street.
Among the investment banks appointed are Kotak Mahindra Capital, ICICI Securities, Axis Capital, JM Financial, IIFL Capital Services, SBI Capital Markets, Avendus Capital,…

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