 "ICICI")
Domestic broking and investment banking major ICICI Securities has sought the Securities and Exchange Board of India’s (Sebi’s) permission to manage its own share sale. This is the first time an investment bank is considering managing its own initial public offering (IPO), said industry players.
Sources said the capital markets regulator was currently looking at the “unique request” and might revert in a few weeks.
“There is no such precedence. Sebi will check if allowing ICICI Securities to handle its own IPO will result in any conflict of interest. If the regulator is convinced that it will not put at
