Deltatech Gaming launches new stock issue | Dynamics

by time news

New Delhi: Delta Tech Gaming has applied to the Securities and Exchange Board of India (Sebi) for permission to issue new shares.
The company has been providing digital technology-based ‘gaming’ internet services. The company plans to raise Rs 550 crore through share issue. Shares of founders and shareholders are also up for sale for Rs 250 crore.
The Gurugram-based company plans to use the raised funds for marketing, business development and technological infrastructure. It is one of the oldest companies in the ‘real money gaming’ segment in India. Over time, the company has developed a number of features, including its own website.

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