Nazara Technologies IPO

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

  1. Candy Crush,
  2. World Cricket Championship, 
  3. Subway Surfer, 
  4. Temple Run,
  5. Chhota Bheem, 
  6. 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

  • 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 Assets4707.595145.837768.297986.55
Total revenue1819.401860.982621.462070.06
Total Expenses1333.721742.802811.502135.85
Profit After Paying Tax10.2367.13266.15101.07

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 DateMar 17, 2021 – Mar 19, 2021
Issue TypeBook Built Issue IPO
Face ValueRs 4 per equity share
IPO PriceRs 1100 to Rs1101 per equity share
Market Lot13 Shares
Min Order Quantity13 Shares
Listing AtBSE, NSE
Issue Size5,294,392 Eq Shares of Rs4(aggregating up to Rs582.91 Cr)
Offer for Sale5,294,392 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 Size1 lot -13 shares
Min AmountRs 14313
Max Lot Size13 lots – 169 Shares
Max AmountRs 186069

Nazara Technologies IPO Tentative Timetable

Here are the Nazara Technologies IPO Tentative Timetable

Basis of Allotment24th March 2021
Initiation of Refund25th March 2021
Credit to Demat Account26th 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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