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Firm Wire items are announcements made by the firms themselves. The desk confirms that the announcement was published and reproduces its factual content. It does not verify the claims in it, and publication is not an endorsement.

AnnouncementAnnounced by Sidley Austin · · summarized by LexCircuit Desk

Sidley says it advised on the National Stock Exchange of India’s $2.36 billion IPO

Sidley said it advised bookrunning lead managers and a marketing bookrunner on the National Stock Exchange of India’s approximately US$2.36 billion initial public offering. The firm said the exchange’s equity shares began trading on BSE on September 24, 2026, following the offering.

Key points

  • Sidley said the offering valued the exchange at approximately US$46 billion.Sidley
  • The firm said the transaction was a secondary sale by existing shareholders.Sidley
  • Sidley identified SBI Capital Markets as the marketing bookrunner.Sidley
  • The firm said Manoj Bhargava and Sam Gandhi led its team.Sidley
Sidley · Sidley Austin LLP

The announcement

Firm