Nazara Technologies IPO subscription, Allotment, and Listing: All Details highlighted
The initial public offering (IPO) of Nazara Technologies was subscribed 175.5 times on the last day of subscription, i.e. on March 19, 2021. The retail portion was subscribed 75 times, while the NII and QIB portions were subscribed 390 times and 104 times, respectively. The employee quota was subscribed 7.55 times.
Nazara Technologies expects that listing of the Equity Shares will enhance its visibility and brand image and provide liquidity to its shareholders and will also provide a public market for the equity shares in India: Reuters