Nazara Technologies Limited IPO
Nazara Technologies Limited was a mainboard IPO in the Digital Entertainment sector, offered at ₹137.5–₹137.62 per share to raise ₹583 crore. The issue was subscribed 175.46× overall (QIBs 103.77×, NIIs 389.89×, retail 75.29×). It listed on 30 Mar 2021 at ₹249 and closed its first day at ₹199, a listing gain of +44.6% versus the ₹137.62 issue price. It now trades around ₹399 (+189.8% versus the issue price).
Frequently asked questions
- How many times was the Nazara Technologies Limited IPO subscribed?
- The Nazara Technologies Limited IPO was subscribed 175.46× overall — 103.77× in the QIB category, 389.89× among non-institutional investors, 75.29× in retail.
- What were the Nazara Technologies Limited IPO listing gains?
- Nazara Technologies Limited listed on 30 Mar 2021 at ₹249, closing its first day at ₹199 — a listing gain of +44.6% versus the ₹137.62 issue price.
- What were the retail allotment odds for the Nazara Technologies Limited IPO?
- Retail was subscribed 75.29×, so a single-lot application had roughly a 1.3% chance of allotment (about 1 in 75), and allotment was finalised on 24 Mar 2021.
- What was the price band and lot size of the Nazara Technologies Limited IPO?
- The price band was ₹137.5–₹137.62 per share, with a minimum lot of 13 shares (₹1,789 at the upper band).
- Who were the registrar and lead manager for the Nazara Technologies Limited IPO?
- Link Intime India Private Limited was the registrar, and ICICI Securities was the book-running lead manager.