IPO #8 : Nazara Technologies

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’ of INR 582 crore, with IIFL & the promoters offloading the majority of the shares. You can reach out to me on [email protected] or https://twitter.com/siddybeee.Read more on my blog - https://thebazaar.substack.com/p/ipo-8-nazara-technologies.

What this episode covers

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’ of INR 582 crore, with IIFL & the promoters offloading the majority of the shares. You can reach out to me on [email protected] or https://twitter.com/siddybeee.Read more on my blog - https://thebazaar.substack.com/p/ipo-8-nazara-technologies.

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This episode was published on March 23, 2021.

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