New Delhi, July 29 -- JSW One Platforms Ltd, Sajjan Jindal-led JSW Group's business-to-business (B2B) digital marketplace, has appointed Kotak Mahindra Capital, JM Financial, ICICI Securities and SBI Capital Markets as advisors for a proposed $350-400 million initial public offering (IPO), three people familiar with the matter said.

JSW One is targeting a listing sometime next year, with the issue likely to comprise a fresh capital raise and an offer for sale, the people said. JSW One declined to comment, while the investment banks did not respond to Mint's queries until press time.

Mint had first reported in April that the company was exploring a listing. The banker appointments come a little over 10 days after JSW Steel approved the s...