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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. ....

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Rakesh Jhunjhunwala-backed gaming firm Nazara Technologies to file for IPO

Rakesh Jhunjhunwala-backed gaming firm Nazara Technologies to file for IPO
Nazara Technologies latest public issue attempt is a complete offer for 49,65,476 equity shares held by promoters and investors
BusinessToday.In | January 18, 2021 | Updated 21:59 IST
Nazara Technologies, known for its cricket and Chota Bheem-themed mobile games, has become India s first game developer firm to file for an initial public offering. Backed by ace investor Rakesh Jhunjhunwala, the firm submitted draft red herring prospectus (DRHP) with Securities and Exchange Board of India (SEBI) last week.
Nazara Technologies is looking to make a market debut as lockdown has led to an increase in time people spent on smartphones. According to a recent report by App Annie, time Indians spent on their mobile screens increased 39 per cent to in 2020 to 4.6 hours a day. ....

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