Nazara Technologies Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹1100-₹1101
- Lot size
- 13 shares
- Issue amount
- ₹583 cr
- Total subscription
- 0×
- Opens
- 17 Mar 2021
- Closes
- 19 Mar 2021
- Allotment
- 24 Mar 2021
- Listing
- 30 Mar 2021
Offer at a glance
Issue overview
- Issue size
- 52,94,392 shares
- Face value
- ₹4 per share
- Minimum investment
- ₹14,300
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹582.91 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,313
- Issue type
- Bookbuilding IPO
- Shares before issue
- 3,04,52,836
- Shares after issue
- 3,04,52,836
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 13 | ₹14,313 |
| sHNI | 14 | 182 | ₹2,00,382 |
| bHNI | 70 | 910 | ₹10,01,910 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
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.
Strengths
- Strong Presence in Gaming & Digital Media: Operates across mobile gaming, esports, and interactive entertainment, benefiting from growing digital consumption.
- Diversified Business Segments: Revenue comes from gaming, esports, ad-tech, and digital content, reducing reliance on a single source.
- Exposure to High-Growth Industry: Rising smartphone usage and increasing online gaming adoption support long-term growth opportunities.
Risk factors
- Dependence on User Engagement: Revenue growth depends heavily on maintaining active users and gaming popularity.
- Rapidly Changing Industry Trends: Gaming preferences and technology evolve quickly, requiring continuous innovation.
- Highly Competitive Market: Faces competition from global gaming companies and emerging digital platforms.
Promoters
Vikash Mittersain
Nitish Mittersain
Mitter Infotech LLP
Registrar & documents
Lead manager
ICICI Securities Limited, IIFL Capital Services Limited, Jefferies India Private Limited, Nomura Financial Advisory And Securities (India) Private Limited, Securities (India) Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
51-57, Maker Chambers 3, Nariman Point Mumbai 400 021
+91 22 4033 0800
[email protected]Company website ↗Understanding NAZARA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.