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Nazara Technologies IPO subscribed 10 55 times on day 2, retail portion booked 44 times
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Nazara Technologies IPO subscribed 10 55 times on day 2, retail portion booked 44 times
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Rakesh Jhunjhunwala-backed Nazara Technologies IPO sees bumper response, subscribed 175 times on final day
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Rakesh Jhunjhunwala-backed Nazara Technologies IPO day 2: Issue subscribed 7 17 times, retail portion booked 28 times
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NEW DELHI: Gaming firm Nazara Technologies on Tuesday said it has mopped up a little over Rs 261 crore from anchor investors ahead of its initial public offer, which opens for subscription on Wednesday.
The company s initial public offer (IPO) committee has decided to allocate 23,73,395 shares to 43 anchor investors at Rs 1,101 per piece. At this price, the firm has raised Rs 261.31 crore, Nazara Technologies informed BSE.
Among the anchor investors are Government of Singapore, Abu Dhabi Investment Authority, Goldman Sachs India Ltd, Noumura Funds Ireland Public Limited Company, Steadview Capital Mauritius Ltd.
In addition, SBI Mutual Fund (MF), HDFC MF, ICICI Prudential MF, Axis MF, Sundaram MF, Kotal MF and Aditya Birla Sunlife MF too participated in the anchor book bidding. Â