Gaming startup Nazara marks a strong debut in stock markets

Gaming startup Nazara marks a strong debut in stock markets

Its shares jumped Rs 1,918 on NSE against the base price of Rs 1,101 at an 80.74% premium

On BSE, the company got listed at Rs 1,971, translating into a 79.02% premium

Nazara Technologies has become the first gaming startup to be publicly listed in India

The startup also availed the sixth-largest stock bet in terms of valuation

The company’s IPO was open from March 17 to March 19

Witnessed 2X subscriptions with bids of 59.5 Lakh shares against the issue size of 29.2 Lakh shares

Within three days, Nazara Shares were subscribed over 175 times

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