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Nazara Technologies Ltd

Nazara Technologies Ltd

    Registered Office : 51-57 Maker Chambers 3,Nariman Point,Mumbai Maharashtra 400021 Phone : 91-22-40330800/22810303/22813030
    Fax : 91-22-22810606

    Email : cs@nazara.com

    Website : www.nazara.com

Initial public offer of 5,294,392 equity shares of face value of Rs.4 each ("equity shares") of Nazara Technologies Limited ("company" or "issuer") for cash at a price of Rs.1101 per equity share ("offer price"), through an offer for sale of up to 5,294,392 equity shares aggregating to Rs.582.69 Crores ("offer") by the selling shareholders, comprising of up to 1,267,435 equity shares aggregating to Rs. 139.49 Crores by IIFL Special Opportunities Fund, 1,036,286 equity shares aggregating to Rs. 114.05 Crores by IIFL special opportunities fund - series 4, up to 873,989 equity shares aggregating to 96.19 Crores by IIFL Special Opportunities Fund - series 5, 816,804 equity shares aggregating to Rs. 89.90 Crores by IIFL Special Opportunities Fund - series 2, 691,900 equity shares aggregating to Rs. 76.15 Crores by Mitter Infotech LLP (The "Promoter Selling Shareholder"), 393,349 equity shares aggregating to Rs. 43.29 Crores by IIFL Special Opportunities Fund - series 3, IIFL Special Opportunities Fund, IIFL Special Opportunities Fund - series 4, IIFL Special Opportunities Fund - series 5, IIFL Special Opportunities Fund - series 2 and IIFL Special Opportunities Fund - series 3 together, referred to as the "Investor Selling Shareholders"), 150,000 equity shares aggregating to Rs. 16.51 Crores by Good Game Investment Trust, 25,000 equity shares aggregating to Rs. 2.75 Crores by Seedfund 2 International, 23,725 equity shares aggregating to Rs. 2.61 Crores by Porush Jain, 14,959 equity shares aggregating to Rs. 1.65 Crores by Azimuth Investments Limited and 945 equity shares aggregating to Rs. 0.10 Crores by Seedfund 2 India (Good Game Investment Trust, Seedfund 2 International, Porush Jain, Azimuth Investments Limited and Seedfund 2 India together, referred to as the "other selling shareholders, and together with the promoter selling shareholder and the investor selling shareholders, referred to as the "selling shareholders"). This offer includes a reservation of 20,181 equity shares (constituting 0.07% of the post-offer paid-up equity share capital) Aggregating to Rs. 2 Crores for purchase by Eligible Employees (The "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer"). The offer and the net offer would consititute at least 17.39% and 17.32%, respectively, of the post-offer paid-up equity share capital. A Discount of Rs. 110 per equity was offered to eligible employees bidding in the employee reservation portion. Offer Price : Rs. 1101 per Equity Share of face value of Rs. 4 each. Anchor Investor Offer Price : Rs. 1101 per Equity Share. The Offer Price is 275.25 times the face value employee Discount : Rs. 110 per Equity Share on the offer price.

Issue

Opens On

Closes On

17-Mar-2021

19-Mar-2021

Money Payable On

Application

Allotment

1,101.00

0.00

Minimum Application for shares in Nos : 13.0 Further Multiples of : 13.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

582.69

12.18

1,101.00

ICICI Securities Ltd

IIFL Securities Ltd

Jefferies India Pvt Ltd

Nomura Financial Advisory & Securities (I) Pvt Ltd

Projects
  • Achieve the benefits of Listing the Equity Shares on the Stock Echanges
Promoted By
  • Vikash Mittersain
  • Nitish Mittersain
  • Mitter Infotech LLP
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • MUFG Intime India Pvt Ltd