Nazara Technologies IPO opens at present; likely to be listed on BSE, NSE on 30 March – Business News , Firstpost

Nazara Technologies is all set to open its preliminary public providing (IPO) for subscription on Wednesday, 17 March, and it’ll shut after three days on March 19. The providing will witness the sale of 52,94,392 fairness shares by the promoters and current shareholders.

The IPO is likely to record on BSE and National Stock Exchange (NSE) on 30 March. With a hard and fast worth band of Rs 1,100-1,101 per share, the problem is anticipated to elevate Rs 583 crore on the higher finish of the worth band.

The agenda behind the general public providing is to use the funds raised to obtain the advantages of itemizing Equity Shares on the Stock Exchanges.

ICICI Securities, Nomura Financial Advisory and Securities (India) Private Limited, Jefferies India Private Limited and IIFL Securities are the lead managers for the IPO whereas Link Intime India Private Ltd is the registrar.

How to apply?

Those who’re fascinated with bidding for the IPO can accomplish that utilizing both UPI or ASBA as a cost methodology.

By visiting the official web sites of brokers like Zerodha and Upstox, one can apply for the IPO. Investors want to know that if they need to apply by way of Zerodha, they’ll both use UPI as a cost methodology by logging into Zerodha Console (again workplace) after which submit an IPO utility type or can even decide to accomplish that with out UPI.

Here is the method to apply utilizing UPI as a cost methodology:

Step 1: Go to the official web site of Zerodha – zerodha.com – after which log into Console.

Step 2: Next, you want to go to the portfolio and click on on the IPO hyperlink

Step 3: Then go to the ‘Nazara Technologies IPO’ row and click on the ‘Bid’ button

Step 4: After this enter your UPI ID, amount and worth

Step 5: Submit the applying

Step 6: At final, you should have to go to the UPI App (internet banking or BHIM) to settle for the mandate

How to apply with out UPI?

ASBA internet-banking companies can be used to apply for the IPO with out UPI. ASBA internet-banking companies will be supplied to the traders by their firm for which they may have to share their Zerodha Demat account quantity.