India names shortlist for Rp36bn NMDC sale

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

India names shortlist for Rp36bn NMDC sale

Iron ore mine 230-150x

The Indian government has shortlisted five banks to pitch for lead roles in its sell-down of iron ore miner NMDC, in a deal that could raise Rp35.6bn ($527.5m) based on its market capitalisation, according to a notice from the Department of Disinvestment on Thursday.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article