Rakesh Jhunjhunwala-backed Delta Corp subsidiary Deltatech Gaming filed draft pink herring papers with SEBI to increase up to Rs.600 crores through preliminary public choices. Deltatech Gaming IPO contains a Fresh Issue of Rs.300 crores & an Offer for Sale of Rs.250 provided by promoters. The face worth of is Rs.1 Deltatech Gaming runs poker platform Adda52.
The 75% quota will likely be provided to Qualified Institutional Buyers (QIBs), 15% of the shares will likely be provided to non-institutional bidders (NII), and 10% to particular person retail bidders. Deltatech Gaming made a revenue of Rs.48 crores whereas the revenues stood at Rs.218 crores within the fourth quarter.
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Deltatech Gaming Limited (previously often known as Gaussian Networks) has been a frontrunner in India’s on-line gaming trade since 2011. We are India’s greatest and most trusted model, catering to India’s rising gaming inhabitants with our top-of-the-line gaming apps like Adda52, Adda52Games & Adda52Rummy, via the best-in-class gaming expertise! Deltatech Gaming Limited is a subsidiary of Delta Corp. Ltd. – A publicly listed Indian gaming and hospitality firm.
The book-running lead managers of the IPO are Axis Capital Ltd and JM Financial Ltd. The shares are proposed to be listed on NSE and BSE.
Deltatech Gaming IPO Registrar:
KFin Technologies Limited
Selenium, Tower-BPlot 31 and 32,
Financial District
Nanakramguda, Serilingampally
Hyderabad, Rangareddi 500 032,
Telangana, India
Telephone: +91 40 6716 2222
Toll Free Number: 1800 309 4001
E-mail: [email protected]
Website: www.kfintech.com
Company Details:
Deltatech Gaming Limited
4th Floor, 148 Jessore Road,
Block A, South East Corner,
Kolkata,–700074, West Bengal
Telephone: +91 3348043823
E-mail: [email protected]
Website: www.deltatech.gg
– Source : IPOWATCH