Analysts said Kalyan's weak performance in the previous three financial years coupled with slowdown in the economy weighed on investor sentiment
The institutional investor portion of the IPO was subscribed 175 times
Nazara Technologies on Tuesday mopped up a little over Rs 261 crore from anchor investors
All the sectoral indices ended the day in the red with the Nifty Realty, Metal, and PSU Bank indices dropping up to 3 per cent
Ace investor Rakesh Jhunjhunwala (4.31 per cent) and his wife Rekha Jhunjhunwala (3.19 per cent) collectively held a 7.5 per cent stake in Delta Corp at the end of December quarter
Analysts covering the Suryoday SFB IPO share mixed views and are split between high valuations and good return ratios
Nazara Technologies is an Indian gaming and sports media platform. It's Rs 583 crore-IPO will run through March 17-19 and will be entirely an offer for sale (OFS)
Gaming firm Nazara Technologies on Tuesday said it has mopped up a little over Rs 261 crore from from anchor investors ahead of its initial public offer, which opens for subscription on Wednesday