•National Stock Exchange (NSE) IPO process accelerates with merchant banker pitches starting Monday, expected to conclude by Thursday/Friday.
•Legal advisor for the IPO is also likely to be finalized this week, assisting with offer documents and regulatory compliance.
•The IPO committee, led by former LIC MD Tablesh Pandey, will shortlist and appoint merchant bankers to structure the offer and prepare the DRHP.
•NSE MD & CEO Ashish Kumar Chauhan expects merchant bankers to be appointed by March; DRHP filing anticipated within 3-4 months of appointments.
•The proposed IPO is an Offer for Sale (OFS) by existing shareholders, estimated at Rs 23,000 crore, following SEBI's NoC on January 30. The board approved the IPO through OFS on February 6, 2026.
