NSE appoints CitiGroup, three others to manage IPO - News Summed Up

NSE appoints CitiGroup, three others to manage IPO


Photo: Aniruddha Chowdhury/MintMumbai: National Stock Exchange of India Ltd (NSE) on Tuesday announced the appointment of four global coordinators for its plan to go public. “The exchange is committed to list its shares at the earliest possible time frame,” said NSE in a press statement. The development comes after sustained pressure from shareholder institutions, led by State Bank of India (SBI), on NSE to seek an IPO. With the appointment of merchant bankers, the NSE listing process has gained momentum. “NSE will consider appointment of more banks for additional roles as may be felt expedient,” said NSE in the press release.


Source: Mint August 23, 2016 07:52 UTC



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