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DeltaTech Gaming, a subsidiary of Rakesh Jhunjhunwala-backed Delta Corp, filed a draft red herring paper with Sebi to raise up to Rs 600 crore through initial public offerings. The DeltaTech Gaming IPO consists of a fresh issue of Rs 300 crore and an offer for sale of Rs 250 crore placed by the promoters. The face value of Re 1 is run by DeltaTech Gaming Poker Platform Adda52.
75% quota will be given to Qualified Institutional Buyers (QIBs), 15% shares will be given to non-institutional bidders (NIIs) and 10% to individual retail bidders. DeltaTech Gaming posted a profit of Rs 48 crore while the fourth quarter revenue stood at Rs 218 crore.
Read also: Deltatec Gaming DRHP Documents
DeltaTech Gaming Limited (formerly known as Gaussian Networks) has been a leader in India’s online gaming industry since 2011. We are India’s largest and most trusted brand, catering to the growing gaming population of India with our top gaming apps like Adda52. , Adda52Games and Adda52Rummy, through a best-in-class gaming experience! DeltaTech Gaming Limited is a subsidiary of Delta Corp Limited – a publicly listed Indian gaming and hospitality company.
The book-running lead managers of the IPO are Axis Capital Limited and JM Financial Limited. The shares are proposed to be listed on NSE and BSE.
DeltaTech Gaming IPO Registrar:
Keffin Technologies Limited
selenium, tower-bplot 31 and 32,
financial district
Nanakranguda, Serilingampally
Hyderabad, Rangareddy 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
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