At what price did Rakesh Jhunjhunwala bought Nazara Technologies?

Rakesh Jhunjhunwala owned Nazara Technologies has zoomed 57\% from its IPO price to now trade at Rs 1,723 per share, but the rally may not be over. Rakesh Jhunjhunwala owns 10.82\% of Nazara Technologies, translating to 32,94,310 equity shares.

What was nazara IPO price?

So, when Nazara Technologies IPO opened for subscription in March 2021, it received huge response from the bidders that helped the public issue list (on 30th march 2021) at around 79 per cent premium against the issue price of ₹1,101.

Should I apply nazara IPO?

Nazara has a widespread presence both in terms of geography and product portfolio which offers strong growth visibility. The IPO is valued at 8.3 times on H1FY21 (annualised) price/ sales, which we believe is reasonable when compared to the newly listed technology stocks (Avg 13 times),” said Aditya Birla Money.

Is nazara a good investment?

As per the stock market experts, Nazara Technologies shares are one of the portfolio stocks that one can look at even today for long-term investment. They said that online gaming company has strong business outlook and one can buy the counter in the range of ₹1680 to ₹1700.

Is nazara IPO open?

The Nazara Technologies IPO open date is Mar 17, 2021, and the close date is Mar 19, 2021. The issue may list on Mar 30, 2021….Nazara Technologies IPO Tentative Timetable.

Is nazara an allotment IPO?

Nazara Technologies IPO allotment status is expected on Mar 24, 2021.

What is GMP of nazara IPO?

Nazara Technologies IPO GMP: Nazara grey market premium at 71\%, hints at strong listing – The Economic Times.

When did Rakesh Jhunjhunwala start investing?

1985
Son of an income tax officer, Jhunjhunwala started dabbling in stocks while still in college. He began investing with $100 in 1985 when the Bombay Stock Exchange Index was at 150; it now trades over 38,000.