Nazara Tech IPO: The market is currently eyeing the allocation of Nazara Tech. Big Bull Rakesh Jhunjhunwala has a 10 per cent stake in Najara Tech. This IPO was 175 times full recently. According to gray market experts, this share is getting at a premium of Rs 760 in the gray market. The share allocation under this IPO can be held on March 24. While the listing of this share can be done on 30th March.
The registrar for this IPO has been appointed to Link Intime India Private. After the completion of the share allocation, those who invest money in this IPO can check the status of their application by visiting the link in Time India website.
Know how to check
If you had also subscribed to the IPO of Nazara Tech, then know how you can check these status.
The first is to visit the registrar’s website https://linkintime.co.in/MIPO/Ipoallotment.html.
After reaching the site, select IPO (Laxmi Organic).
If you select the application number, select NON-ASBA or ASBA and fill the application number, select NSDL / CDSL in DPID / Client ID case and enter DPID and Client ID, PAN cases. Enter PAN number.
After this enter the number given in green color just above the captcha box and click on submit button to know the IPO share allotment status.
Apart from this, you can also see the allotment status on the BSE website. Enter the issue type (equity) and issue name application number and PAN number and finally click on the search button to know the IPO allotment status.
The price band of this IPO was kept at 1,100-1,1001. Najara Tech is a diversified gaming and sports media platform. The company has business in several countries including India, Africa, North America.
The IPO size of Nazar Tech has been kept at Rs 583 crore. The IPO opened from March 17 and closed on March 19. The IPO’s reserve share was subscribed 103.77 times for QIB, 389.89 times for non-institutional investors, and 75.29 times the reserve portion for retail investors.
Of this, 75 per cent was given to retail investors, 75 per cent to QIB and 15 per cent to HNI. Prior to this IPO, View Tech raised Rs 260 crore from anchor investors.
View Technologies is known for games like World Cricket Championships, Chhota Bheem, Mota Patlu Series. Its subsidiary company Nodwin Gaming organizes various gaming events across the country. The company does business in more than 60 countries such as India, Africa, Middle East, South East.
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