Nazara Technologies IPO: Game on! Jhunjhunwala all set to take Chhota Bheem, Motu and Patlu to capital market

nayla good

Nazara is a diversified gaming platform. The company is best known for its popular games like Chhota Bheem, Motu and Patlu Series and World Cricket Championship.

Synopsis

The proposed public offer is likely to hit the market between January and February 2021 amid growing investor exuberance on technology companies, two people with direct knowledge of the matter told ET.

MUMBAI: Big Bull Rakesh Jhunjhunwala-backed Nazara Technologies has appointed three investment bankers, Nomura, Jefferies and ICICI Securities, ahead of its plans to raise Rs 750-950 crore via an initial public offering (IPO).The proposed public offer is likely to hit the market between January and February 2021 amid growing investor exuberance on technology companies, two people with direct knowledge of the matter told ET.Nazara is a

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