Nazara Technologies Limited IPO
Mainboard₹14,313 / 13 Shares
Nazara Technologies Limited IPO Details
The Nazara Technologies Limited IPO price band is set between ₹1100-1101 per equity share, with a face value of ₹4 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 17 Mar, 2021 and closes on 19 Mar, 2021. Investors can check the allotment status on 24 Mar, 2021, while the listing date is tentatively scheduled for 30 Mar, 2021.
The total issue size is Offer for Sale of 49,65,476 Equity Shares of ₹ 10/- at price of ₹ 1,100/- to ₹ 1,101/- with aggregating up to ₹ 546.70/- Cr, aggregating up to . Stay tuned for the latest Nazara Technologies Limited IPO review and GMP updates.
Nazara Technologies Limited IPO Review, Rating & Analysis
Nazara Technologies Limited IPO Review
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Nazara Technologies Limited IPO Highlights
IPO Date
Mar 17, 2021 - Mar 19, 2021
Listing Date
30 Mar, 2021
Face Value
₹4 Per Equity Share
Price Band
₹1100-1101 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Nazara Technologies Limited IPO Lot Size
The minimum market lot for Nazara Technologies Limited IPO is 13 shares with an application amount of ₹14,313. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 13 | ₹14,313 |
| Retail (Max) | 13 | 169 | ₹1,86,069 |
| S-HNI (Min) | 14 | 182 | ₹2,00,382 |
| S-HNI (Max) | 69 | 897 | ₹9,87,597 |
| B-HNI (Min) | 70 | 910 | ₹10,01,910 |
Nazara Technologies Limited IPO Timeline
Issue Price
₹1100-1101 per equity shareFace Value
₹4 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
ICICI Securities Limited, IIFL Holdings Limited, Jefferies India Private Limited, Nomura Financial Advisory and Securities (India) Pvt Ltd.Issue Size
Offer for Sale of 49,65,476 Equity Shares of ₹ 10/- at price of ₹ 1,100/- to ₹ 1,101/- with aggregating up to ₹ 546.70/- CrNazara Technologies Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Sep 20 | 798.65 | 207.00 | (10.10) | - | - | - |
| 31 Mar 20 | 776.82 | 262.14 | (26.61) | - | - | - |
| 31 Mar 19 | 514.58 | 186.09 | 6.71 | - | - | - |
| 31 Mar 18 | 470.75 | 181.94 | 1.02 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Vikash Mittersain
- Nitish Mittersain
- Mitter Infotech LLP
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 24.16% | 20.70% |
About Company
Nazara Technologies Ltd is a leading mobile game company in India. It is primarily engaged in the acquisition, value addition, and distribution of mobile games across emerging markets i.e. India, Africa, South East Asia, Middle East, and Latin America.
The business operates in 3 different segments; Subscription-based business, Freemium Business, and esports business. Subscription business focuses on mass mobile internet users comprising mainly first-time mobile gamers. As on Sep 30, 2017, Nazara Tech has offered its subscription services through 113 telecom operators in 61 countries. Its in-house Freemium Business segment constantly strives to understand local gamer behavior to design innovative games. Candy Crush, Subway Surfer, Temple Run are among the top three games on the Google Play Store. Lastly, Nodwin Gaming is one of the leading segments of the esports market in India.
Frequently Asked Questions about Nazara Technologies Limited IPO IPO
When will Nazara Technologies Limited IPO open for subscription?
The Nazara Technologies Limited IPO opens on 17 Mar, 2021 and closes on 19 Mar, 2021.
What is the investors portion for Nazara Technologies Limited IPO?
The investors' portion for QIB is N/A%, NII is N/A%, and Retail is N/A%.
How to apply for Nazara Technologies Limited IPO?
You can apply for Nazara Technologies Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Nazara Technologies Limited IPO?
The issue size of Nazara Technologies Limited IPO is approx ₹Offer for Sale of 49,65,476 Equity Shares of ₹ 10/- at price of ₹ 1,100/- to ₹ 1,101/- with aggregating up to ₹ 546.70/- Cr crores.
What is the price band of Nazara Technologies Limited IPO?
The price band for Nazara Technologies Limited IPO is ₹1100 to ₹1101 per equity share.
What is the lot size of Nazara Technologies Limited IPO?
The minimum bid (lot size) for Nazara Technologies Limited IPO is N/A shares with an investment of approx ₹14,313 .
What is the allotment date of Nazara Technologies Limited IPO?
The allotment date for Nazara Technologies Limited IPO is 24 Mar, 2021.
What is the listing date of Nazara Technologies Limited IPO?
The listing date for Nazara Technologies Limited IPO is expected to be 30 Mar, 2021.
What is the GMP of Nazara Technologies Limited IPO?
The latest Grey Market Premium (GMP) for Nazara Technologies Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.