Nazara Technologies - a diversified gaming company, is going to debut on the Indian exchanges very soon. On the final day, the issue was oversubscribed by 175 times - not surprising, since the Company is backed by Rakesh ‘Big Bull’ Jhunjhunwala. The issue is a complete ‘Offer for Sale’ with IIFL & the promoters offloading INR 582 crore worth of shares. Read more on https://thebazaar.substack.com/p/ipo-8-nazara-technologies
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IPO #8 : Nazara Technologies
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Nazara Technologies - a diversified gaming company, is going to debut on the Indian exchanges very soon. On the final day, the issue was oversubscribed by 175 times - not surprising, since the Company is backed by Rakesh ‘Big Bull’ Jhunjhunwala. The issue is a complete ‘Offer for Sale’ with IIFL & the promoters offloading INR 582 crore worth of shares. Read more on https://thebazaar.substack.com/p/ipo-8-nazara-technologies