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Promoter Group of Newgen Software Technologies Limited have sold 10.57% stake in the company

Promoter Group of Newgen Software Technologies Limited have sold 10.57% stake in the company
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Cyril Amarchand Mangaldas advises Nazara Technologies and its promoters on the first online gaming company IPO in India

New Delhi/Mumbai (Maharashtra) [India], April 9 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised Nazara Technologies Limited (Nazara/Company) and its promoters, Vikash Mittersain, Nitish Mittersain and Mitter Infotech LLP, on its recently concluded Initial Public Offer (IPO).
As Indian counsel to the Company, we were responsible for drafting the entire document, including depicting Nazara s complex business model across various business verticals and the analysis of its financial performance. Nazara s business covers almost all facets of online mobile-based interactive gaming, eSports and gamified early learning ecosystems.
The IPO of Nazara Technologies is the first ever listing by an online gaming company in India and was highly successful, witnessing strong demand across all categories of investors. The Capital Markets team of Cyril Amarchand Mangaldas advised Nazara Technologies and its Promoters on the Transaction. ....

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Cyril Amarchand Mangaldas advises Nazara Technologies and its promoters on the first online gaming company IPO in India

Cyril Amarchand Mangaldas advises Nazara Technologies and its promoters on the first online gaming company IPO in India
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Nazara Technologies IPO subscribed 10.55 times on day 2, retail portion booked 44 times

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

Nazara Technologies IPO subscribed 10.55 times on day 2, retail portion booked 44 times
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