In this comprehensive blog, we will provide you with detailed information on the Nazara Technologies IPO, but before that, let us know about the company details.
Nazara Technologies PVT Ltd is one of the best mobile game companies established in the year 1999. It is based in Mumbai, India. It develops and distributes mobile games in India, Middle East, Southeast Asia, Latin America, and Africa.
Nazara Technologies is the best live eSports streaming and content provider in India. The company derives maximum revenue from subscription fees charged from customers under the gamified early learning and eSports business segments, accounted for 71.03% of revenues for the six months ended on Sep 30, 2020.
Here is the list of games designed by Nazara technologies
- Candy Crush,
- World Cricket Championship,
- Subway Surfer,
- Temple Run,
- Chhota Bheem,
- Motu and Patlu Series etc.
The shares are being sold to improve the company’s brand value and provide liquidity to the existing shareholders’ equity shares.
Related Post: What Is IPO And Detailed Guide On An IPO
Nazara Technologies Competitive Strengths
Table of Contents
- It is one of the best eSports companies in India.
- Its business is diversified based on gaming products and geographical presence
- Most of the Marquee investors support this firm
- Asset light business model.
Nazara Technologies Financial Details
Here are the complete Nazara Technologies Financial Details
| 31st March 2018 (Rs in millions) | 31st March 2019 (Rs in millions) | 31st March 2020 (Rs in millions) | 30 September 2020 (Rs in millions) | |
| Total Assets | 4707.59 | 5145.83 | 7768.29 | 7986.55 |
| Total revenue | 1819.40 | 1860.98 | 2621.46 | 2070.06 |
| Total Expenses | 1333.72 | 1742.80 | 2811.50 | 2135.85 |
| Profit After Paying Tax | 10.23 | 67.13 | 266.15 | 101.07 |
Purpose of Nazara Technologies IPO
- To obtain the advantages of registering Equity Shares on the Indian Stock Exchanges.
- To bring out the purchase of Equity Shares by the Selling Stockholders
Nazara Technologies IPO Details
Here are the complete Nazara Technologies IPO details.
| IPO Date | Mar 17, 2021 – Mar 19, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | Rs 4 per equity share |
| IPO Price | Rs 1100 to Rs1101 per equity share |
| Market Lot | 13 Shares |
| Min Order Quantity | 13 Shares |
| Listing At | BSE, NSE |
| Issue Size | 5,294,392 Eq Shares of Rs4(aggregating up to Rs582.91 Cr) |
| Offer for Sale | 5,294,392 Eq Shares of Rs 4(aggregating up to Rs582.91 Cr) |
Nazara Technologies IPO Lot size and price
Here are the Lot size and price of Nazara Technologies IPO
| Min Lot Size | 1 lot -13 shares |
| Min Amount | Rs 14313 |
| Max Lot Size | 13 lots – 169 Shares |
| Max Amount | Rs 186069 |
Nazara Technologies IPO Tentative Timetable
Here are the Nazara Technologies IPO Tentative Timetable
| Basis of Allotment | 24th March 2021 |
| Initiation of Refund | 25th March 2021 |
| Credit to Demat Account | 26th March 2021 |
| Ipo Share Listing | 30th March 2021 |
Registrar Of Nazara Technologies IPO
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: nazara.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Nazara Technologies Contact Details
Nazara Technologies Limited
51-57, Maker Chambers 3, Nariman Point
Mumbai 400 021
Phone: +91 22 4033 0800
Email: cs@nazara.com
Website: https://www.nazara.com/
Nazara Technologies IPO – FAQs
How to apply in Nazara Technologies IPO through Zerodha?
Zerodha clients can apply online in Nazara Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Nazara Technologies IPO by login into Zerodha Console and submitting an IPO application form. You can check How To Buy IPO In Zerodha Console here
When Nazara Technologies IPO will open?
The Nazara Technologies IPO opens on Mar 17, 2021 and closes on Mar 19, 2021.
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