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by Legal Desire
29 September 2026

Sidley Advises on National Stock Exchange of India’s US$2.36 Billion IPO — India’s Largest This Year

Advising firms

Deal team

13 lawyers named
LawyerFirmSeniorityPracticeOffice
Manoj Bhargava Lead Sidley Not stated Not stated Not stated
Sam Gandhi Lead Sidley Not stated Not stated Not stated
Rachna Talati Sidley Not stated Not stated Not stated
Dhanush Dinesh Sidley Not stated Not stated Not stated
Oindree Bandyopadhyay Sidley Not stated Not stated Not stated
Siddharth Urs Sidley Not stated Not stated Not stated
Taran Narula Sidley Not stated Capital Markets Not stated
Prabhat K. Mehta Sidley Not stated Capital Markets Not stated
Carla G. Teodoro Sidley Not stated Investment Funds Not stated
Robert M. Kreitman Sidley Not stated Tax Not stated
Andy Lau Sidley Not stated Tax Not stated
Maura Rezendes Sidley Not stated Global Arbitration, Trade, and Advocacy Not stated
Ben Vallimarescu Sidley Not stated Global Arbitration, Trade, and Advocacy Not stated

Stated terms

Stated value
USD 2.36bn (US$2.36 billion)
What the figure measures
Issue size
Client
Not stated
Counterparties
National Stock Exchange of India Limited (Issuer)
Kotak Mahindra (Underwriters)
JM Financial (Underwriters)
Morgan Stanley (Underwriters)
Citigroup (Underwriters)
HSBC (Underwriters)
J.P. Morgan (Underwriters)
Anand Rathi (Underwriters)
Avendus (Underwriters)
Axis Capital (Underwriters)
DAM Capital (Underwriters)
Equirus Capital (Underwriters)
HDFC Bank (Underwriters)
ICICI Securities (Underwriters)
IDBI Capital (Underwriters)
IIFL Capital (Underwriters)
Motilal Oswal (Underwriters)
Nuvama (Underwriters)
Pantomath (Underwriters)
360 ONE WAM (Underwriters)
SBI Capital Markets (Underwriters)