NSE Begins Marketing $3 Billion IPO Next Week, Targeting September Listing
Updated
Updated · Bloomberg · Jul 6
NSE Begins Marketing $3 Billion IPO Next Week, Targeting September Listing
3 articles · Updated · Bloomberg · Jul 6
Summary
$3 billion is the size NSE is preparing to pitch as early as next week, starting formal investor marketing for what could become one of India’s biggest IPOs.
NSE plans investor meetings in the US, London, Singapore, Hong Kong, the Middle East and India as it works with banks on the roadshow plan.
September is the exchange’s target for the listing, according to people familiar with the matter.
NSE operates the world’s largest derivatives exchange by trading volume, giving the offering unusual scale and global visibility.