• Kshitij Bhargava
• 12 Mar, 2021

Rakesh Jhunjhunwala-backed Nazara Technologies’ much-awaited IPO is set to open next week. Nazara Technologies, a gaming and sports media platform, looks to raise Rs 582.91 crore in the upcoming public issue. The initial public offering will entirely be an offer for sale (OFS) by existing shareholders, and will have no fresh issue of equity shares. Promoters of the company Mitter Infotech LLP will also trim their stake through the IPO. Ace investors Rakesh Jhunjhunwala, who owns a 10.82% stake
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