IPO

1st IPO from an Indian gaming co. heavily oversubscribed

Last updated : Mar 19, 2021 17:03
SportzPower Team
Mar 18, 2021 12:03

MUMBAI: The initial public offering of India-based gaming and sports media platform Nazara Technologies was subscribed 6.89 times by the Thursday morning, March 18, the second day of the IPO's opening, Moneycontrol reports. 

The IPO closes for subscription on Friday, March 19.

Nazara Technologies is planning to garner around Rs 5.83 billion through the issue, which is a complete offer for sale. The price band for the offer has been fixed at Rs 1,100-1,101 per share.

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