Advised the government of India in its Rs. 3,000 crore (approximately US$706 million) initial public offering of its first central public sector enterprise (CPSE) exchange traded fund (ETF) on the National Stock Exchange. ICICI Securities Ltd. served as financial advisor to the government of India, and Goldman Sachs Asset Management India Ltd. will manage the ETF. The ETF will hold stakes in 10 selected central public sector companies (PSCs) including the Oil and Natural Gas Company (ONGC), Coal India, the Gas Authority of India, Ltd. (GAIL), Rural Electrification Corporation, Oil India, Container Corporation of India, Power Finance Corporation, Indian Oil Corporation, Engineers India and Bharat Engineering.