MoneyWorks4Me

PlaySimple Games gets SEBI’s nod to raise Rs 3,150 crore through IPO

08 Aug 2026 Evaluate

PlaySimple Games has received the Securities and Exchange Board of India’s (SEBI) approval to raise Rs 3,150 crore through an initial public offering (IPO). 

The issue will be entirely an offer for sale (OFS) by its existing promoter, MTGx Gaming Holding AB, which currently holds over 97 percent stake in the company. Axis Capital, JP Morgan and Morgan Stanley are the book-running lead managers to the issue. 

PlaySimple Games is a global mobile entertainment company based in India, focused on casual mobile gaming.


Peers
Company Name CMP
TCS 2453.70
Infosys 1173.10
HCL Technologies 1348.90
Wipro 186.70
Tech Mahindra 1649.90
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