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Analysts game for Rakesh Jhunjhunwala-backed Nazara Technologies

Rakesh Jhunjhunwala-backed Nazara Technologies is all set to hit the primary market with its Rs 583-crore IPO on Wednesday. The diversified and online gaming firm’s three day issue will run through March 17-19 and will be entirely an offer for sale (OFS). While 5.29 million equity shares will be offloaded via OFS by some of the shareholders, Rakesh Jhunjhunwala, who owns 3.29 million shares or 11.51 per cent stake in the company as of September 30, 2020, has decided to hold on to his stake. The issue has a price band of Rs 1,100-1,101 and will be available is lots of 13 shares and multiples thereof.

Nazara Tech IPO to open on March 17: Check price band, listing date, other details

Nazara Tech IPO to open on March 17: Check price band, listing date, other details Nazara Technologies IPO: The price band for the issue has been fixed at Rs 1,100-01, while bid lot size is of 13 shares and in multiple thereof BusinessToday.In | March 16, 2021 | Updated 13:35 IST Nazara Tech IPO to close on March 19 Ace investor Rakesh Jhunjhunwala-backed Nazara Technologies, an India-based gaming and sports media platform, is all set to launch its three-day initial public offering (IPO) on March 17. The company, popularly known for its games on World Cricket Championship, Chhota Bheem and Motu Patlu series, plans to raises Rs 582 crore from IPO through offer for sale (OFS) of up to 5,294,392 equity shares. The price band for the issue has been fixed at Rs 1,100-01. The bid lot size is of 13 shares and in multiple thereof. The equity shares of Nazara Technologies will be listed on the BSE and the NSE.

Ahead of IPO, Nazara Technologies garners Rs 261 cr from anchor investors

Read more about Ahead of IPO, Nazara Technologies garners Rs 261 cr from anchor investors on Business Standard. Gaming firm Nazara Technologies on Tuesday said it has mopped up a little over Rs 261 crore from from anchor investors ahead of its initial public offer, which opens for subscription on Wednesday

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