Nazara Technologies IPO opens today; likely to be listed on BSE, NSE on 30 March

Nazara Technologies IPO opens today; likely to be listed on BSE, NSE on 30 March

Nazara Technologies IPO opens at this time; likely to be listed on BSE, NSE on 30 March

IPO

One can apply for the IPO by visiting the official web sites of brokers like Zerodha and Upstox

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 checklist on BSE and Nationwide Inventory Alternate (NSE) on 30 March. With a set value band of Rs 1,100-1,101 per share, the problem is anticipated to increase 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 Fairness Shares on the Inventory Exchanges.

ICICI Securities, Nomura Monetary Advisory and Securities (India) Non-public Restricted, Jefferies India Non-public Restricted and IIFL Securities are the lead managers for the IPO whereas Hyperlink Intime India Non-public Ltd is the registrar.

How to apply?

Those that are eager about bidding for the IPO can accomplish that utilizing both UPI or ASBA as a fee technique.

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

Right here is the method to apply utilizing UPI as a fee technique:

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

Step 2: Subsequent, 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 value

Step 5: Submit the appliance

Step 6: Eventually, you’ll have to go to the UPI App (web banking or BHIM) to settle for the mandate

How to apply with out UPI?

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

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