India ·
MTG's PlaySimple Games clears SEBI for a ₹3,150cr IPO that is entirely a secondary offer-for-sale
SEBI issued its observation letter clearing Swedish gaming group MTG to take its Indian mobile-games subsidiary public via a ₹3,150 crore IPO with no fresh-issue component — the entire raise is a secondary sell-down by parent MTGx Gaming Holding AB, which bought the company for over $360M in 2021 — though price band and listing dates are not yet set.
Source: Inc42 ↗
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