September 7, 2016 / 3:19 PM / 2 years ago

BSE to file for up to $150 million IPO this week - IFR

MUMBAI (Reuters) - BSE Ltd, India’s second-biggest exchange, plans to file a draft prospectus this week for an up to $150 million initial public offering, IFR reported on Wednesday, citing a banker close to the deal.

A man walks out of the Bombay Stock Exchange (BSE) building in Mumbai, India June 20, 2016. REUTERS/Danish Siddiqui/Files

Axis, Edelweiss, Jefferies and Nomura are the joint global coordinators, while Deutsche Bank, Motilal Oswal and SBI Capital Markets are the bookrunners for the IPO, IFR, a Thomson Reuters publication, had reported last month.

A BSE spokesman declined to comment when contacted by Reuters.

Reporting by S. Anuradha; Editing by Rafael Nam

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