| Initial public offer of 5,294,392 equity shares of face value of Rs.4 each ("equity shares") of Nazara Technologies Limited ("company" or "issuer") for cash at a price of Rs.1101 per equity share ("offer price"), through an offer for sale of up to 5,294,392 equity shares aggregating to Rs.582.69 Crores ("offer") by the selling shareholders, comprising of up to 1,267,435 equity shares aggregating to Rs. 139.49 Crores by IIFL Special Opportunities Fund, 1,036,286 equity shares aggregating to Rs. 114.05 Crores by IIFL special opportunities fund - series 4, up to 873,989 equity shares aggregating to 96.19 Crores by IIFL Special Opportunities Fund - series 5, 816,804 equity shares aggregating to Rs. 89.90 Crores by IIFL Special Opportunities Fund - series 2, 691,900 equity shares aggregating to Rs.
76.15 Crores by Mitter Infotech LLP (The "Promoter Selling Shareholder"), 393,349 equity shares aggregating to Rs. 43.29 Crores by IIFL Special Opportunities Fund - series 3, IIFL Special Opportunities Fund, IIFL Special Opportunities Fund - series 4, IIFL Special Opportunities Fund - series 5, IIFL Special Opportunities Fund - series 2 and IIFL Special Opportunities Fund - series 3 together, referred to as the "Investor Selling Shareholders"), 150,000 equity shares aggregating to Rs. 16.51 Crores by Good Game Investment Trust, 25,000 equity shares aggregating to Rs. 2.75 Crores by Seedfund 2 International, 23,725 equity shares aggregating to Rs. 2.61 Crores by Porush Jain, 14,959 equity shares aggregating to Rs. 1.65 Crores by Azimuth Investments Limited and 945 equity shares aggregating to Rs. 0.10 Crores by Seedfund 2 India (Good Game Investment Trust, Seedfund 2 International, Porush Jain, Azimuth Investments Limited and Seedfund 2 India together, referred to as the "other selling shareholders, and together with the promoter selling shareholder and the investor selling shareholders, referred to as the "selling shareholders"). This offer includes a reservation of 20,181 equity shares (constituting 0.07% of the post-offer paid-up equity share capital) Aggregating to Rs. 2 Crores for purchase by Eligible Employees (The "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer"). The offer and the net offer would consititute at least 17.39% and 17.32%, respectively, of the post-offer paid-up equity share capital.
A Discount of Rs. 110 per equity was offered to eligible employees bidding in the employee reservation portion.
Offer Price : Rs. 1101 per Equity Share of face value of Rs. 4 each.
Anchor Investor Offer Price : Rs. 1101 per Equity Share.
The Offer Price is 275.25 times the face value employee Discount : Rs. 110 per Equity Share on the offer price.
|