Nazara Technologies IPO: Here’s how to check allotment status

Rakesh Jhunjhunwala backed Nazara Technologies initial public offering (IPO), which is the first IPO in India of a gaming and diversified sports platform, is likely to announce its share allotment status on Wednesday. The shares of the company are expected to be listed on March 30. Through the issue, the company offered 294,392 equity shares of the promoters and existing shareholders. Mitter Infotech LLP, which is the promoter of the company, also sold shares in the IPO along with IIFL Special Opportunities Fund, Good Game Investment Trust, IndexArb Securities and Azimuth Investments. The ₹583 crore IPO was subscribed 175.43 times by the end of its last day of subscription.