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Rakesh Jhunjhunwala-Backed Nazara Technologies IPO To Open On March 17

Nazara Technologies IPO: Investors can bid for the Nazara Technologies IPO, starting March 17, in the price band of Rs 1,100 to Rs 1,101 per equity share, at a face value Rs 4. ....

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rakesh jhunjhunwala: Rakesh Jhunjhunwala-backed Nazara Tech fixes IPO price band at Rs 1,100-1,101

The price band for the issue has been fixed at Rs 1,100-1,101.
The issue is entirely an offer for sale by existing shareholders who include IIFL Special Opportunities Fund, Mitter Infotech, Good Game Investment Trust, Seedfund 2, Porush Jain and Azimuth Investments. The company will not receive any money from the IPO proceeds and the entire amount will go only to selling shareholders.
Rakesh Jhunjhunwala held 3,294,310 shares, or 11.51 per cent stake, in the company as of September 30, according to the draft red herring prospectus. He is not selling any share through the IPO.
Nazara offers many free-to-play games such as Chhota Bheem, Motu Patlu and Oggy and The Cockroaches. In e-sports, it offers games such as World Cricket Championship 3, World Table Tennis Champions and Carrom Clash. The company generates nearly 40 per cent of its revenues from India, nearly 40-41 per cent from North America and balance from Africa, West Asia and South Africa. ....

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Rakesh Jhunjhunwala-backed Nazara Technologies to launch IPO on March 17

Rakesh Jhunjhunwala-backed Nazara Technologies to launch IPO on March 17
Nazara Technologies IPO: The online gaming company has fixed the issue price at Rs 1,100-1,101 apiece, which would fetch around Rs 583 crore
BusinessToday.In | March 12, 2021 | Updated 13:51 IST
Rakesh Jhunjhunwala owned 11.51 per cent shares in Nazara Technologies at the end of September quarter of 2020
Big bull Rakesh Jhunjhunwala-backed Nazara Technologies to launch three-day initial public offering (IPO) on March 17. The online gaming company has fixed the issue price at Rs 1,100-1,101 apiece. At the upper end of price band, the issue will fetch nearly Rs 583 crore to the company. The offer will close on March 19. ....

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nazara ipo details: Nazara IPO opens on March 17 to raise up to Rs 583 crore

nazara ipo details: Nazara IPO opens on March 17 to raise up to Rs 583 crore
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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Rakesh Jhunjhunwala-backed Nazara Technologies to launch IPO on March 17

Rakesh Jhunjhunwala-backed Nazara Technologies to launch IPO on March 17
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

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