NSE moves forward with listing, invites banks to pitch for $2.5 billion IPO
The planned share sale will be entirely an offer for sale, with existing shareholders expected to divest about 4 per cent to 4.5 per cent of the company’s equity By Rajesh Mascarenhas, Baiju Kalesh and Dave Sebastian National Stock Exchange of India Ltd. has issued a request for proposals to investment banks, inviting them to…