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Nazara Technologies IPO: Share allocation likely to be finalised on 24 March; steps to check allotment status – Business News , Firstpost



The Rs 583-crore public difficulty opened on 17 March and closed on 19 March with a subscription of 175.46 occasions

Nazara Technologies is likely to finalise the share allocation in its preliminary public providing (IPO) on Wednesday, 24 March. The Rs 583-crore public difficulty opened on 17 March and closed on 19 March with a subscription of 175.46 occasions.

In the retail class, 75.29 occasions subscription was made, whereas 103.77 occasions within the certified institutional patrons (QIB) class and 389.89 occasions within the non-institutional traders (NII) class. The public providing is predicted to checklist on 30 March.

For QIB, a complete of 75 % of the problem will be reserved, adopted by 15 % for NII and 10 % for retail traders. At a reduction of Rs 110 per share, a portion of the problem may also be reserved for workers of the corporate.

Rakesh Jhunjhunwala-backed cell gaming firm opened the IPO to use the proceedings to obtain the advantages of itemizing fairness shares on the inventory exchanges and to perform the sale of up to 5,294,392 fairness shares.

The 4 lead managers of the IPO included ICICI Securities, IIFL Securities, Jefferies India and Nomura. The registrar of the problem is Link Intime India.

One can check the allotment status of Nazara Technologies IPO both by the registrar’s official web site or the BSE web site.

Via registrar’s web site:

Step 1: Visit the official web site of the registrar Link Intime India at https://linkintime.co.in/MIPO/Ipoallotment.html.

Step 2: The homepage will open from there choose ‘Nazara Technologies Limited-IPO’ within the dropdown menu.

Step 3: Then present both PAN particulars or Application Number or DP Client ID.

Step 4: Next you’ll have to click on on the ‘search’ button.

Via BSE web site:

Step 1: Go to the official web site of BSE at https://www.bseindia.com/investors/appli_check.aspx.

Step 2: From the dropdown menu choose difficulty identify as Nazara Technologies Limited and ‘fairness’ in difficulty sort.

Step 3: Provide the appliance quantity and PAN quantity.

Step 4: Next you’ll have to click on on the ‘search’ button.

Step 5: The investor will be ready to see the variety of shares utilized for and the variety of shares allotted on the display screen.

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