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Nazara Technologies IPO Review

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

Rated 4/5 by Team InvestorGain
Nazara Technologies IPO Detail

Nazara Technologies IPO Details

IPO Issue Opening Date: 17th Mar 2021
IPO Issue Closing Date: 19th Mar 2021
IPO Issue Price: ₹1100-1101 Per Share
DRHP: Download DRHP
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: BSE, NSE
Retail Quota: 18.75
IPO Issue Type: Book Build Issue
IPO Issue Size: ₹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
Promoter Holding Pre IPO: 24.16%
Promoter Holding Post IPO: 20.70%
Allotment Status: Allotment Status
BSE Code: 543280
NSE Code: NAZARA

Nazara Technologies IPO Important Dates

Get important updates regarding Nazara Technologies IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Nazara Technologies IPO dates
IPO Activity Date
Basis of Allotment Date* 24th Mar 2021
Refunds Initiation* 25th Mar 2021
Credit of Shares to Demat* 26th Mar 2021
IPO Listing Date* 30th Mar 2021

* - Tentative Dates

Nazara Technologies IPO Lots

IPO Activity Date
Issue Price ₹1100-1101
Market Lot: 13 Shares
1 Lot Amount: ₹14313
Min Small HNI Lots(2-10 Lakh): 182 shares(14 lots)
Min Big HNI Lots(10+ Lakh):

Nazara Technologies IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
25-03-20211101740--₹1841 (67.21%)25-Mar-2021 10:49
IPO Live GMP
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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Nazara Technologies

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 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.
Incorporation Sector IPO Issue Size Website
NULL NULL ₹582.91 Cr Nazara Technologies Limited

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%
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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 Offered1,582,264 (54.17%)791,131 (27.08%)527,421 (18.06%)20,1812,920,997
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 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

Company Address

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

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
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Phone: +91-22-4918 6270
Email: [email protected]
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 06-Aug-2021 19:47:11


User Reviews

8. Vinay Acharya Mar 15 2021 01:58:30 PM Reply
GMP is very strong: 750+
Must apply IPO
7. KD Saxena Mar 15 2021 01:53:08 PM Reply
What is the retail proportion ?????
7.1. Team InvestorGain Mar 15 2021 01:57:06 PM
Nazara Tech Category wise issue break-up:
Qualified Institutional Bidders (QIB); 75%
Non-Institutional Bidders (NIBs): 15%
Retail: 10%
6. Ramananjan Mar 04 2021 11:28:21 AM Reply
Backed by billionaire Rakesh Jhunjhunwala so it''s a Must Apply IPO
6.1. BL Gupta Mar 04 2021 11:36:35 AM
Promoter''s share pre-issue is just 27%, very less, what will happen post-IPO.
5. Ojasvi Nagpal  Mar 03 2021 10:34:44 PM Reply
Nazara Technologies IPO - CRISIL Rating, Apply or not?.
4. SUDHA GOEL Mar 03 2021 10:34:44 PM Reply
Nazara Technologies IPO whether to invest or not.
3. Narendra Mar 03 2021 10:34:44 PM Reply
Nazara Technologies IPO good or bad.
2. shyamjeet sharma Mar 03 2021 10:34:44 PM Reply
Please confirm Nazara Technologies IPO GMP (grey market premium) and kostak.
1. Anurag Mishra Mar 03 2021 10:34:44 PM Reply
Nazara Technologies IPO expected listing gain.