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NSE appoints 4 investment banks for its IPO

Citi, JM, Kotak, Morgan Stanley selected as lead bankers

BS Reporter  |  Mumbai 

The National Stock Exchange (NSE), India’s largest stock exchange, has appointed Citibank, JM Financial, Kotak Mahindra and Morgan Stanley as lead investment banks to manage its much-awaited initial public offer (IPO). “NSE has moved closer to listing its shares. The exchange is committed to list its shares at the earliest possible time frame.

As a step towards the same, the Board of NSE, in its meeting held on August 22, 2016, decided to engage the following four Joint global co-ordinators....” the exchange said in a release. Cyril Amarchand Mangaldas has been ...

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First Published: Tue, August 23 2016. 12:59 IST