According to reports, the company has selected JPMorgan Chase, Jefferies, Kotak Mahindra Capital and Axis Capital to lead the offering
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InMobi appoints four banks for $1 billion IPO: Reports
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Strategic Partnership for IPO. Jefferies has secured a position as a lead underwriter for InMobi's IPO, indicating its strong presence in the investment banking sector.
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Jefferies has been appointed as a lead underwriter for InMobi's $1 billion IPO.
JPMorgan Chase, Kotak Mahindra Capital, and Axis Capital are also leading the offering.
Being a lead underwriter positions Jefferies as a key player in the financial services industry, particularly in technology sector IPOs.
The provided information only mentions Jefferies' involvement in the InMobi IPO.
A lead underwriter is responsible for managing the IPO process, including pricing, marketing, and selling the shares.