Nazara Technologies made a strong debut at the inventory exchanges March 30, as the shares got listed at Rs. 1,990 apiece on the NSE, a top rate of 80.Seventy four% to the issue rate of Rs. 1,101. On BSE, the shares were indexed with 79.02% top class at Rs 1,971.
The preliminary public offering (IPO) of Nazara Technologies was subscribed a hundred seventy five.5 times for the duration of March 17-19. The provide has acquired bids for fifty one.25 crore stocks in opposition to the IPO size of 29.20 lakh equity stocks.
The IPO comprised a proposal for sale of up to six,ninety one,900 equity stocks by using the promoters; forty three,87,863 fairness stocks by the investor promoting shareholders and a couple of,14,629 fairness stocks by means of the opposite selling shareholders.
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