Nazara Technologies Limited IPO (Nazara Technologies IPO) Detail

Mar 17, 2021 - Mar 19, 2021

Incorporated in 1999, Nazara Technologies Ltd is a leading mobile game company in India. The company offers a range of diversified gaming products across the Interactive gaming, eSports, and gamified early learning ecosystem across emerging markets i.e. India, Africa, South East Asia, Middle East, and Latin America. It is one of the leading live eSports streaming and on-demand eSports media content providers in India. CarromClash and World Cricket Championships in mobile games, Kiddopia in gamified early learning, Nodwin and Sportskeeda in eSports, and Halaplay and Qunami are some of its offerings.

The business operates in different segments; Subscription-based business, Freemium Business, eSports, Gamified early learning, and Real money gaming. Subscription business focuses on mass mobile internet users comprising mainly first-time mobile gamers. The company derives maximum revenue from subscription fees charged from customers under the gamified early learning and eSports business segments, accounted for 71.03% of revenues for the six months period ended on Sep 30, 2020.

Competitive Strengths

  • One of the leading eSports companies in India.
  • Diversified business based on the geographical presence and gaming products.
  • Strong leadership backed by marquee investors.
  • Asset light business model.

Company Promoters:

Vikash Mittersain, Nitish Mittersain, and Mitter Infotech LLP is the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in millions)
30-Sep-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 7,986.55 7,768.29 5,145.83 4,707.59
Total Revenue 2,070.06 2,621.46 1,860.98 1,819.40
Profit After Tax (101.07) (266.15) 67.13 10.23

Objects of the Issue:

Nazara Technologies IPO aims to raise money for the below objectives:

  • To achieve the benefits of listing Equity Shares on the Stock Exchanges.
  • To carry out the sale of up to 5,294,392 Equity Shares by the Selling Shareholders

Nazara Technologies IPO Details

IPO Opening DateMar 17, 2021
IPO Closing DateMar 19, 2021
Issue TypeBook Built Issue IPO
Face Value₹4 per equity share
IPO Price₹1100 to ₹1101 per equity share
Market Lot13 Shares
Min Order Quantity13 Shares
Listing AtBSE, NSE
Issue Size5,294,392 Eq Shares of ₹4
(aggregating up to ₹582.91 Cr)
Offer for Sale5,294,392 Eq Shares of ₹4
(aggregating up to ₹582.91 Cr)

Nazara Technologies IPO Tentative Timetable

The Nazara Technologies IPO open date is Mar 17, 2021, and the close date is Mar 19, 2021. The issue may list on Mar 30, 2021.

IPO Open DateMar 17, 2021
IPO Close DateMar 19, 2021
Basis of Allotment DateMar 24, 2021
Initiation of RefundsMar 25, 2021
Credit of Shares to Demat AccountMar 26, 2021
IPO Listing DateMar 30, 2021

Nazara Technologies IPO Lot Size

The Nazara Technologies IPO market lot size is 13 shares. A retail-individual investor can apply for up to 13 lots (169 shares or ₹186,069).

ApplicationLotsSharesAmount (Cut-off)
Minimum113₹14,313
Maximum13169₹186,069

Nazara Technologies IPO Promoter Holding

Pre Issue Share Holding24.16%
Post Issue Share Holding20.70%

Nazara Technologies IPO Subscription Status (Bidding Detail)

The Nazara Technologies IPO is subscribed 175.46x times on Mar 19, 2021 05:00. The public issue subscribed 75.29x in the retail category, 103.77x in the QIB category, and 389.89x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

103.77x

NII

389.89x

RII

75.29x

Employee

7.55x

Total

175.46x

Nazara Technologies IPO Prospectus

Nazara Technologies IPO Rating

1344
4.0
Rating:Rated 4.0 stars

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Nazara Technologies IPO Listing Date

Listing DateTuesday, March 30, 2021
BSE Script Code543280
NSE SymbolNAZARA
Listing InB Group of Securities
ISININE418L01021
IPO Price₹1101 per equity share
Face Value₹4 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹1,101.00
₹1,971.00
₹1,576.80
₹2,026.90
₹1,576.80
837,076
NSE
₹1,101.00
₹1,990.00
₹1,592.00
₹2,024.90
₹1,592.00
7,491,764

Company Contact Information

Nazara Technologies Limited
51-57, Maker Chambers 3, Nariman Point
Mumbai 400 021


Phone: +91 22 4033 0800
Email: cs@nazara.com
Website: https://www.nazara.com/

Nazara Technologies IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: nazara.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Nazara Technologies IPO FAQs

  1. What is Nazara Technologies IPO?

    Nazara Technologies IPO is a main-board IPO of 5,294,392 equity shares of the face value of ₹4 aggregating up to ₹582.91 Crores. The issue is priced at ₹1100 to ₹1101 per equity share. The minimum order quantity is 13 Shares.

    The IPO opens on Mar 17, 2021, and closes on Mar 19, 2021.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. How to apply in Nazara Technologies IPO through Zerodha?

    Zerodha customers can apply online in Nazara Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Nazara Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.

    Steps to apply in Nazara Technologies IPO through Zerodha

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the 'Nazara Technologies IPO' row and click the 'Bid' button.
    4. Enter your UPI ID, Quantity, and Price.
    5. ‘Submit’ IPO application form.
    6. Visit the UPI App (net banking or BHIM) to approve the mandate.

    Visit Zerodha IPO Application Process Review for more detail.

  3. When Nazara Technologies IPO will open?

    The Nazara Technologies IPO opens on Mar 17, 2021 and closes on Mar 19, 2021.

  4. What is the lot size of Nazara Technologies IPO?

    Nazara Technologies IPO lot size is 13 Shares and the minimum order quantity is 13 Shares.

  5. How to apply for Nazara Technologies IPO?

    You can apply in Nazara Technologies IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  6. When Nazara Technologies IPO allotment?

    The finalization of Basis of Allotment for Nazara Technologies IPO will be done on Mar 24, 2021, and the allotted shares will be credited to your demat account by Mar 26, 2021. Check the Nazara Technologies IPO allotment status.

  7. When is Nazara Technologies IPO listing date?

    The Nazara Technologies IPO listing date is on Tuesday, March 30, 2021.

Nazara Technologies IPO Message Board

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