Khaitan & Co advised the BRLMs on the landmark Initial Public Offering of National Stock Exchange of India Ltd aggregating to INR 225,615.74 million.
Kotak Mahindra Capital Company Ltd, JM Financial Ltd, Morgan Stanley India Company Pvt Ltd, Citigroup Global Markets India Pvt Ltd, HSBC Securities and Capital Markets (India) Pvt Ltd, J.P. Morgan India Pvt Ltd, SBI Capital Markets Ltd, Anand Rathi Advisors Ltd, Avendus Capital Pvt Ltd, Axis Capital Ltd, DAM Capital Advisors Ltd, Equirus Capital Ltd, HDFC Bank Ltd, ICICI Securities Ltd, IDBI Capital Markets & Securities Ltd, IIFL Capital Services Ltd, Motilal Oswal Investment Advisors Ltd, Nuvama Wealth Management Ltd, Pantomath Capital Advisors Pvt Ltd, and 360 ONE WAM Ltd acted as the BRLMs.
The offering, led by the largest syndicate of BRLMs on an Indian IPO, was the second largest IPO in India and the largest IPO undertaken by a stock exchange in Asia.
The deal was assisted by:
Capital Markets: Madhur Kohli (Partner), Tharun Vadlapatla (Senior Associate), Varun M Nair (Associate), Rupa Veena S (Associate), Lakshmi Raj C (Associate), G R Shreya Shetty (Associate), Anveeksha Anand (Associate) and Nayonika Chatterji (Associate)
The core team consisted of Thomas George (Partner), Nagashayana S (Partner), Sudhir Bassi (Executive Director), Prathiksha Panduranga (Counsel), Jash Botadra (Senior Associate), Aadhya Singh (Senior Associate),Shishir Mani Tripathi (Associate) and Siddhil Shah (Associate)