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Nazara Technologies Limited IPO

Nazara Technologies Limited IPO

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Listed Price: ₹ 1,990.00 (+80.74%)

Nazara Technologies Limited's completed its IPO journey with a successful listing on NSE, BSE on 30-03-2021. The public offering mobilized 52,94,392 Shares in total capital, comprising TBD in fresh equity and ₹582.91 Cr in Offer for Sale shares from existing stakeholders.

The offering was conducted within the price band of ₹1,100 to ₹1,101, with minimum application lots of 13 shares. Investor participation during the 17-03-2021 to 19-03-2021 subscription window determined the final allocation pattern.

The basis of allotment was announced on 24-03-2021, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.

Nazara Technologies IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Nazara Technologies IPO Key Performance Indicator
Company Financials ( In Lakhs )

Nazara Technologies IPO About Company

Incorporated in 1999, Nazara Technologies Ltd is a leading mobile gaming company in India, offering a diversified portfolio across interactive gaming, eSports, gamified early learning, and real-money gaming in emerging markets such as India, Africa, Southeast Asia, the Middle East, and Latin America. Its key offerings include CarromClash and World Cricket Championships (mobile games), Kiddopia (gamified early learning), Nodwin and Sportskeeda (eSports), and Halaplay and Qunami (real-money gaming). The company operates through multiple business segments including subscription-based, freemium, eSports, gamified learning, and real-money gaming, with subscription fees from gamified learning and eSports contributing approximately 71.03% of revenues for the six months ended September 30, 2020.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Nazara Technologies IPO Strength Factors

  1. Leading eSports Company: One of India’s top eSports firms.
  2. Diversified Business: Operates across multiple regions and gaming products.
  3. Strong Leadership: Supported by experienced management and marquee investors.
  4. Asset-Light Model: Business designed for scalability with minimal capital intensity.

Nazara Technologies IPO Risk Factors

NA


Nazara Technologies IPO Lead Manager(s)

  • ICICI Securities Limited
  • IIFL Securities Limited
  • Jefferies India Private Limited
  • Nomura Financial Advisory And Securities (India) Private Limited

Nazara Technologies IPO Promoter(s)

  1. Vikash Mittersain
  2. Nitish Mittersain
  3. Mitter Infotech LLP

Nazara Technologies IPO Company Details

Nazara Technologies Limited
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Nazara Technologies IPO Registrar

Link Intime India Private Limited
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Nazara Technologies IPO FAQs