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

Vote Here ...

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

Ranked Members  Ranked Members

Loading...
432. Arjun Rajkot |Mar 28, 2021 19:29
Top Contributor Top Contributor (200+ Posts, 400+ Likes)
I will Surely Buy 1st Gaming Company on Nse on Tuesday.

Those Alloted Must Hold Shares for long term.
The world is getting Digital
Hold
Just Buy and Forget.
Buy Below 1900 if available at Pre Open


As per Strong Sources Likely to See 2000 around Lisitng.
Must Buy @1900 or below and Hold for Years.
Online Games is what New Generation will Buzzz the growth.
431. SKILLeagle |Mar 25, 2021 21:16
out of topic. bcz not able to post on MTAR page.

If MTAR holds level of 970 and 930 on closing basis then Target of 1140 to 1170 possible once market conditions gets better. Technical view. Trading position should be closed below 930 close. bcz fresh low can be expected then.
430. Cautious ipo |Mar 27, 2021 16:11
IPO Mentor IPO Mentor (700+ Posts, 500+ Likes)
Two consecutive upper circuit on card ...???
429. Owls eye |Mar 27, 2021 10:17
Top Contributor Top Contributor (400+ Posts, 1300+ Likes)
About Nazara Technologies Limited:-

1) Nazara is the First Company to List in Gaming Sector

2) India is No 1 in Gaming all over the World

3) Revenue and Business Verticals:- 39% Revenue Comes from Gamified Learning which is for Children''s, 32% Revenue Comes from E-Sports, 5% Revenue Comes from Premium Content, 3% Revenue Comes from Real Value Gaming and 21% Revenue Comes from Telecom Companies

4) Financials:-

in Q-2, 2021 Revenue of the Company is 207.01 Crore and Had LOSS of 10.11 Crore

Last 3 Years Average EPS is 1.88

Last 3 Years Average Return on Net Worth(RONW) is Only 1.3%

Price to Book at Issue Price of Rs.1101 is 6.54

Company is into Loss so the PE Ratio is Negative

** The Main Point is Company is Not Going to Raise Capital for Business Expansion, Only Existing Shareholders are Selling Their Stake so the Financials Can be as Poor as Indicated Above

THE ONLY INTEREST SEEN IN RETAIL COMMUNITY IS Shri Rakesh Jhunjhunwalaji Hold 11.51% Stake

Should I Sale this Stock on Listing Day or Hold For Long Term:-

Friends As Per My Analysis by Considering- Exit of Present Shareholders, Valuation, Policies, Last 3 Years Financials and Expected Future, I Consider Nazara Share Very Expensive Even at Issue Price of 1101

The Current GMP is Approx. 500 However I Firmly Can Conclude One Must Sale on Listing Day Even if It List at Discount (Rare Chances) or at Current GMP

The Issue is Highly Overpriced at Issue Price of 1101 f We Consider 360 Degree Analysis of the Company

One Can Accumulate in the Range of 340-380 (Provided There is No Substantial Change in Financials) If Available in Future!!

Disclosure:- Stock Market is Very Risky Business. I May be Wrong in My Analysis. Please Consult Your Financial Advisor Before Buying or Selling.
You will be Solely Responsible for any Sort of Outcome
428. Vibhor Saxena |Mar 28, 2021 06:28
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Whom to contact..
Funds are still blocked for easytrip(applied through UPI) in SBI.
Any help will be appreciated.
Thankx
427. Arjun Rajkot |Mar 28, 2021 23:59
Top Contributor Top Contributor (200+ Posts, 400+ Likes)
Nazara GMP Fallen Below 750₹

Hence Lisitng can be 1750-1800
427.1. Owls eye |Apr 9, 2021 15:51
Top Contributor Top Contributor (400+ Posts, 1300+ Likes)
As Expected, Retail and Employee Portion Undersubscribed

Now Much of the Maal is with HNI and QIB😁
426. IPO Rock Star |Mar 28, 2021 09:43
@vibhor SBI की साइट पर लॉगिन कीजिए ब्लॉक्ड अमाउंट की जगह स्क्रैच कीजिए आपका अमाउंट रिलीज हो जाएगा साथ में eesytrip का कूपन भी मिलेगा।
425. Champaklal c jain |Mar 28, 2021 22:55
Latest gmp
425.3. Secret Superstar |Apr 8, 2021 15:07
अनिल सिंघवी खुद को कुछ नहीं पता ... बारबेक्यू के आई पी ओ को भी मना किया था .... 2 दिन से 20% का अप्पर सर्किट लगा हुआ है .... 500 से 708 हो गया है ....
425.4. arunARUN |Apr 8, 2021 15:19
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
If people can predict upper circuit they had chance to invest at time of price discovery. two day circuit means that counter is under control and nothing else
Performance of the company does not change by upper circuits. Every day many companies goes to upper circuit which means nothing other than excess of demand over supply
424. Black Swan |Mar 28, 2021 20:06
The closest proxy in listed space is Onmobile Global. They have recently launched Challengers game arena for smartphone and will be launching cloud gaming platform in a months time.

This story will be similar to rerating of Tanla after Route Mobile listing
423. Dr balu |Mar 28, 2021 13:19
Not allotted money blocked.still UPI.a/c only
422. IPO Rock Star |Mar 28, 2021 11:52
लिस्टिंग डे स्ट्रैटजी,
शेयर विल लिस्ट इन द रेंज ऑफ 1050-1060, होल्ड with the स्टॉप लॉस ऑफ Rs 1000, लॉन्ग टर्म टार्गेट 1101,🤣🤣🤣🤣🤣
421. Chalak lomdi |Mar 28, 2021 07:38
Call register and visit bank...
420. Dr balu |Mar 28, 2021 05:44
Not allotted money blocked still
419. Rohit Basia |Mar 28, 2021 00:39
Plz tell latest gmp of nazara
418. Thacker |Mar 27, 2021 12:31
Got 0 allotment but in my upi it is showing as CANCELLATION FAILED. Money is still blocked. What to do?
417. Simsa |Mar 27, 2021 19:34
Hits and Misses
Dmart lists at 2x, currently 10x of ipo
Dixon lists at approx 2x currently 10x
Au small lists little less than 2x currently 3x
Same with polycab...
- So it can''t be said that if there is bumper listing, there won''t be scope for further gain.
Rpower lists at discount , currently it is penny stock, 99% down
- So it can''t be said that if there is discount listing, stock will not go further down.

Moral of the story, it''s difficult to assess the future. Be vigilant, be sharp and take a according to situation.
416. Chalak lomdi |Mar 27, 2021 15:38
Gmp 777 🔥 buyer only buyer..
6 ipo mese 1 me hoga satta !!
415. Jaju bkn |Mar 26, 2021 23:00
Got 2/2
Cross my fingers for good listing
414. yamraj |Mar 27, 2021 16:30
Depends on Market
413. khusII |Mar 27, 2021 11:03
Hi friends
my account got debited on 26th........... then after sometime it was credited back with 14313.... then after some time again a lien was put ........ i dont understand all this .
i applied through bhim pay upi, and i have received the shares in my demat.
can someone advise ?







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