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Nazara IPO subscribed 2X in first three hours of opening

Shortpedia

Content Team
Image Credit: shortpedia

Indian mobile gaming company Nazara Technologies’ initial public offering (IPO) has opened today, with the company’s shares listed both on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The offer will close on March 19. The issue has already seen over 2X subscription with bids for 59,52,778 shares till 1 pm, as against the issue size of 29,20,997 shares.