Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Aug 23, 2016

NSE Names Citigroup, Three Others To Manage IPO

NSE Names Citigroup, Three Others To Manage IPO
NSE named four banks to manage its planned initial public offering of shares next year.
STOCKS IN THIS STORY
Sensex
--
Nifty IPO
--

Mumbai: The National Stock Exchange (NSE) on Tuesday named four banks, including Citigroup and Morgan Stanley, to manage its planned initial public offering of shares next year.

The country's biggest bourse said in June it would file for a domestic initial public offering (IPO) by January 2017, and would also pursue one abroad.

Citigroup Global Markets India, JM Financial Institutional Securities Ltd, Kotak Mahindra Capital Co Ltd and Morgan Stanley India have been appointed to manage both the local and overseas IPOs, an NSE spokesman said.

"NSE will consider appointment of more banks for additional roles as may be felt expedient," the exchange said in a statement.

© Thomson Reuters 2016

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search