Nazara Technologies IPO Review

IPO Status: Closed [17th Mar 2021 to 19th Mar 2021]

Broker Articles   Buyback Dates   IPO Dashboard   Compare Top Stock Brokers in India  
Rated 4/5 by Team TopShareBrokers

Free Delivery Trading with Zerodha,
Open account now and Invest in IPO.

Name 

 Phone 
Email   State 
City    NRI Form ⇒

About Nazara Technologies IPO

Rakesh Jhunjhunwala backed mobile gaming company, Nazara Technologies is coming with an IPO of Rs. 583 crore comprising an Offer for sale of 5,294,392 shares to list on the BSE and NSE. The mainline IPO opens on 17 March to 19 March 2021. The IPO Lot size is 13 shares and the price band is Rs. 1100-1101. Stay updated here to know everything about Nazara Technologies IPO detail including issue size, important dates, DRHP, RHP, business overview, strengths, risks, GMP, Live Subscription, Allotment, and Recommendations.

About the Company- Nazara Technologies Limited

Nazara Technologies is a leading India-based diversified gaming and sports media platform in emerging and developed global markets i.e. Africa, North America, India, Middle East, and South East Asia.

Its business comprises of Subscription business, Freemium Business, and esports business. The subscription business segment allows users to access various games based by signing up for a daily, weekly, or monthly subscription. As on Sep 2017, the company was offering services through 113 telecom operators in 61 countries including but not restricted to Vodafone Idea and Airtel in India and Etisalat and Ooredo in the Middle East.

Freemium business segment focuses on designing innovative games incorporating local, licensed, intellectual property. It has developed many popular games like Candy Crush, Temple Run, and Subway Surfer. Lastly, Nodwin gaming and Smart Keeda are part of its esports business.

Nazara Technologies IPO Objective

The funds raised through the IPO will be used towards the following purposes;

  • To achieve the share listing benefits on the BSE and NSE.
  • To sell equity shares up to 5,294,392 through an offer for sale (OFS).

Nazara Technologies IPO Issue break-up

Issue break-up
Category No. of Shares INR in Cr %
QIB 3,955,643-3,955,659 435.12-435.52 75%
NIB 791,128-791,131 87.02-87.10 15%
Retail 527,419-527,421 58.02-58.07 10%
Employee 20,202-20,181 2.00-2.00 -
Total 5,294,392-5,294,392 582.16-582.69 100%

Nazara Technologies IPO Details

Nazara Technologies IPO details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.

Nazara Technologies IPO Details
Nazara Technologies Issue Details Values
IPO Category: Mainline
IPO Issue Type: Book Built Issue IPO
IPO Issue Size: 5,294,392 shares at ₹1101 per share [Aggregating to #8377;582.91 Cr]
Offer for Sale: 5,294,392 shares at ₹1101 per share [Aggregating to #8377;582.91 Cr]
Face Value: ₹4 Per Equity Share
IPO Issue Price: ₹1100-1101
Market Lot: 13 Shares
Min Retail Qty: 13 Shares (1 lot)
Max Retail Qty: 169 Shars (13 lots)
Promoter Holding Pre IPO: 24.16%
Promoter Holding Post IPO: 20.70%
IPO Listing At: BSE, NSE
BSE Code: 543280
NSE Code: NAZARA

Nazara Technologies IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 1,582,264 Shares
  • Non-Institutional Investors: 791,131 Shares
  • Retail Individual Investor: 527,421 Shares
  • Employees Quota: 20,181 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIIEMPTotal
 # of Shares Offered1,582,264791,131527,42120,1812,920,997
117th Mar 2021 05:020.36x2.85x16.75x2.28x4.01x
218th Mar 2021 05:020.72x7.73x44.47x5.33x10.55x
319th Mar 2021 05:02103.77x389.89x75.29x7.55x175.46x

Nazara Technologies Financials for past 3 Years

Past performance and financial results of Nazara Technologies.

Nazara Technologies financial
Nazara Technologies Limited Financials 30-Sep-2020 31-Mar-2020 31-Mar-2019 31-Mar-2018
Total Assets ₹798.65 Cr ₹776.83 Cr ₹514.58 Cr ₹470.71 Cr
Total Income ₹207.00 Cr ₹262.15 Cr ₹186.01 Cr ₹181.94 Cr
Net Profit/Loss ₹(10.11) Cr ₹(26.62) Cr ₹6.71 Cr ₹1.02 Cr

Nazara Technologies IPO Strengths

  • Leading mobile game service provider in India.
  • Strong product and service portfolio.
  • In-house game designing capabilities.
  • Scalable and asset-light business model.
  • Domestic as well as international presence.

Nazara Technologies IPO Threats/Weaknesses

  • Substantial portion of revenue is dependent upon the subscription business.
  • Dependence on third-party for mobile games distribution.
  • Evolving changes in consumer preferences in the mobile games industry.

Nazara Technologies IPO Important Dates

In this section we have covered all important dates related to Nazara Technologies IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.

Nazara Technologies IPO important dates
IPO Activity Date
IPO Issue Open Date 17th Mar 2021
IPO Issue Close Date 19th Mar 2021
Basis of Allotment Finalisation Date* 24th Mar 2021
Refunds Initiation* 25th Mar 2021
Credit of Shares to Demat Account* 26th Mar 2021
IPO Listing Date* 30th Mar 2021

* - Tentative Dates

Apply in an IPO and Save 90% on your brokerage

Do you know you could save the brokerage cost significantly by moving to online discount stock broker? Our expert team compare top share brokers in India to help investors like you. STOP paying Demat AMC, brokerage in %, PCM fee and high stamp duty today.

@
  NRI Form ⇒

Nazara Technologies IPO DRHP >>Document

Nazara Technologies IPO RHP >>Document

Nazara Technologies IPO Allotment Status >>Link

Company Address

Nazara Technologies Limited
51-57, Maker Chambers 3, Nariman Point,
Mumbai - 400 021, Maharastra, India
Website: Nazara Technologies Limited
Email: [email protected]
Phone: +91 22 4033 0800

Registrar

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Website: http://www.linkintime.co.in
Tel: +91-22-4918 6270
E-mail: [email protected]

Lead Manager

  1. Edelweiss Financial Services Ltd
  2. ICICI Securities Limited
Nazara Technologies IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Nazara Technologies? Should I apply in Nazara Technologies IPO?

Last Updated on 2021-06-10T12:48:53+00:00

Nazara Technologies IPO FAQs

  1. 1. How to subscribe Nazara Technologies IPO with Zerodha?

    Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Nazara Technologies IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Nazara Technologies IPO with Zerodha.

    Alternate approch to apply in Nazara Technologies IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

    Nazara Technologies IPO Review and Important Updates

    Other relevant questions :

    How to subscribe Nazara Technologies IPO Zerodha? How to purchase Nazara Technologies IPO on Zerodha? Nazara Technologies IPO how to buy Zerodha? Nazara Technologies IPO Zerodha apply. Nazara Technologies IPO purchase Zerodha. Nazara Technologies IPO with Zerodha. Nazara Technologies IPO at Zerodha. Nazara Technologies IPO kite Zerodha. Nazara Technologies IPO using Zerodha. Nazara Technologies IPO via Zerodha.

     

  2. 2. How to apply in Nazara Technologies IPO online?

    Apply in Nazara Technologies IPO online

    To subscribe or apply in Nazara Technologies IPO, you can use the following methods:

    Nazara Technologies IPO Applying ModeMethodDetails
    Online Application3-in-1 Trading Account

    If your broker is 3-in-1 service provider, you can apply in Nazara Technologies IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

    Online Application2-in-1 Trading Account

    Brokers like Zerodha, TradeSmart Online provides access to applying in Nazara Technologies IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

    Online ApplicationASBA

    This is one of the most popular mode of applying in Nazara Technologies IPO. Most of the Syndicate Banks provide access to apply in Nazara Technologies IPO via ASBA process. You must have your net banking access, DP ID information to apply in Nazara Technologies IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

    Offline ApplicationPhysical Form

    You can apply in Nazara Technologies IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

    Nazara Technologies IPO Review and Important Updates

    Other relevant question on same topics are:

    Where to subscribe Nazara Technologies IPO? Where to apply for Nazara Technologies IPO? How to subscribe Nazara Technologies IPO online? Nazara Technologies IPO where to apply? Where to buy Nazara Technologies IPO online? How to buy Nazara Technologies IPO online? How to purchase Nazara Technologies IPO? How to get Nazara Technologies IPO? How to book Nazara Technologies IPO? How to invest Nazara Technologies IPO? Nazara Technologies IPO kaise buy kare?

     

  3. 3. How to download online application form for Nazara Technologies IPO?

    Nazara Technologies IPO Application is not yet available.

     

  4. 4. What is the listing date of Nazara Technologies IPO?

    Nazara Technologies IPO is going to be list on 30-03-2021. NSE Code for Nazara Technologies is NAZARA. BSE Code for Nazara Technologies is 543280.

    Other relevant questions:

    When Nazara Technologies IPO will be listing? Nazara Technologies IPO NSE listing date?Nazara Technologies IPO date of listing.Nazara Technologies IPO BSE listing date?

     

  5. 5. When Nazara Technologies IPO will be allocated?

    Nazara Technologies IPO Allotment Date is 24-03-2021.

    Other relevant questions:

    Nazara Technologies IPO share allotment date?Nazara Technologies IPO allotment date?

     

Compare 3 Brokers

User Comments

avatar
8. Vinay Acharya  3/15/2021 1:58:30 PM Reply
GMP is very strong: 750+
Must apply IPO
avatar
7. KD Saxena  3/15/2021 1:53:08 PM Reply
What is the retail proportion ?????
avatar
7.1. Team TopShareBrokers  3/15/2021 1:57:06 PM
Nazara Tech Category wise issue break-up:
Qualified Institutional Bidders (QIB); 75%
Non-Institutional Bidders (NIBs): 15%
Retail: 10%
avatar
6. Ramananjan  3/4/2021 11:28:21 AM Reply
Backed by billionaire Rakesh Jhunjhunwala so it''s a Must Apply IPO
avatar
6.1. BL Gupta  3/4/2021 11:36:35 AM
Promoter''s share pre-issue is just 27%, very less, what will happen post-IPO.
avatar
5. Ojasvi Nagpal   3/3/2021 10:34:44 PM Reply
Nazara Technologies IPO - CRISIL Rating, Apply or not?.
avatar
4. SUDHA GOEL  3/3/2021 10:34:44 PM Reply
Nazara Technologies IPO whether to invest or not.
avatar
3. Narendra  3/3/2021 10:34:44 PM Reply
Nazara Technologies IPO good or bad.
avatar
2. shyamjeet sharma  3/3/2021 10:34:44 PM Reply
Please confirm Nazara Technologies IPO GMP (grey market premium) and kostak.
avatar
1. Anurag Mishra  3/3/2021 10:34:44 PM Reply
Nazara Technologies IPO expected listing gain.

Enquire Trading Brokers:

Name 

 Phone 
Email   State 
City   






Translate topsharebrokers.com: