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Jhunjhunwala-backed Nazara Tech to launch ₹583-crore IPO on Wednesday March 12, 2021 Fixes issue price band at ₹1,100-1,101 a share Rakesh Jhunjhunwala-backed Nazara Technologies Ltd, a gaming and sports media platform, has fixed a price brand of ₹1,100-1,101 per share for its Initial Public Offering (IPO), which will open for subscription on March 17. The company intends to raise ₹582.91 crore at the upper end of the price band. The issue will close on March 19. Only offer-for-sale The entire issue is an offer-for-sale (OFS) of 53 lakh shares by IIFL Special Opportunities Fund, Mitter Infotech, Good Game Investment Trust, Seedfund 2 International and Azimuth Investments Ltd and other investors. There will not be any fresh issue offering by the company.

United statesArpit khandelwalRakesh jhunjhunwalaManish agarwalNitish mittersainRakesh nazara technologies ltdOpportunities fundAzimuth investments ltdGood game investmentInitial public offeringMitter infotechGood game investment trustJefferies indiaNomura financial advisorySecurities indiaRed herring prospectus