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DEALDATABASEby Legal Desire
6 October 2025

Sidley Advises on the US$460 Million IPO of National Securities Depository Limited

Advising firms

Deal team

12 lawyers named
LawyerFirmSeniorityPracticeOffice
Manoj Bhargava Lead Sidley Not stated Not stated Singapore
Harekrishna J. Ashar Sidley Not stated Not stated London
Rachna Talati Sidley Not stated Not stated Singapore
Valerie Ching Sidley Not stated Not stated Singapore
Oindree Bandyopadhyay Sidley Not stated Not stated Singapore
Dhanush Dinesh Sidley Not stated Not stated Singapore
Sanketh Hareesh Kumar Sidley Trainee Not stated Singapore
Daniel O'Shea Sidley Not stated Not stated New York
Carla G. Teodoro Sidley Not stated Not stated New York
Nicholas R. Brown Sidley Not stated Not stated New York
Alvin Wang Sidley Not stated Not stated New York
Michael H. Sliskovich Sidley Not stated Not stated New York

Stated terms

Stated value
USD 460m (US$460 million)
What the figure measures
Issue size
Client
Not stated
Counterparties
National Securities Depository Limited (NSDL) (Issuer)
ICICI Securities (Underwriters)
Axis Capital (Underwriters)
HSBC (Underwriters)
IDBI Capital (Underwriters)
Motilal Oswal (Underwriters)
SBI Capital Markets (Underwriters)