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Nazara Technologies IPO: Share allocation likely to be finalised on 24 March; steps to check allotment status

Nazara Technologies IPO: Share allocation likely to be finalised on 24 March; steps to check allotment status
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Nazara Technologies IPO: Share allocation likely to be finalised on 24 March; steps to check allotment status

Nazara Technologies IPO: Share allocation likely to be finalised on 24 March; steps to check allotment status

IPO

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

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

Within the retail class, 75.29 instances subscription was made, whereas 103.77 instances within the certified institutional consumers (QIB) class and 389.89 instances within the non-institutional traders (NII) class. The general public providing is anticipated to listing on 30 March.

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

Rakesh Jhunjhunwala-backed cellular 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 Hyperlink Intime India.

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

By way of registrar’s web site:

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

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

Step 3: Then present both PAN particulars or Software Quantity or DP Consumer ID.

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

By way of BSE web site:

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

Step 2: From the dropdown menu choose concern title as Nazara Technologies Restricted and ‘fairness’ in concern kind.

Step 3: Present the appliance quantity and PAN quantity.

Step 4: Subsequent 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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