IPO

Nazara Technologies Limited IPO

Mainboard

Software

Listed On: Mar 30, 2021 at ₹ 1990.0(NSE)

₹ 14313 /13 Shares

Check Allotment

17 Mar, 2021

Open Date

19 Mar, 2021

Close Date

24 Mar, 2021

Allotment Date

30 Mar, 2021

Listing Date
Price Summary

Last Closing

226.50 (-79.43%)

52 Week High

363.25

52 Week Low

219.06

Last Update

19-Dec-2025 3:30 PM
IPO Issue Details
  • Issue Price ₹1100-1101 per equity share
  • Face Value ₹4 Per Equity Share 
  • Issue Price 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
  • Listing at BSE, NSE
  • List Price 1990.0(NSE)
  • Listing Date 2021-03-30
  • Lead Manager ICICI Securities Limited, IIFL Holdings Limited, Jefferies India Private Limited, Nomura Financial Advisory and Securities (India) Pvt Ltd.
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion 10%
IPO Documents
DRHP
RHP
IPO Details


The IPO of is priced at ₹1100-1101 per equity share, which has a face value of ₹4 Per Equity Share  each, IPO bidding starts from Mar 17, 2021 and ends on Mar 19, 2021. The allotment for IPO will be finalized on Mar 24, 2021. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Mar 30, 2021. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are ICICI Securities Limited, IIFL Holdings Limited, Jefferies India Private Limited, Nomura Financial Advisory and Securities (India) Pvt Ltd..


The IPO sets its price band at 1100-1101 for each share. A single application for Nazara Technologies Limited IPO must contain at least 13 shares.

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IPO Subscription Analysis And Details
Retail
75.29x
QIB
103.77x
NII
389.90x
Total
175.46x
As on QIB NII Retail Employee Total
Shares Offered / Reserved 15,82,264 7,91,131 5,27,421 20,181 29,20,997
Day 1 17-03-21 05:00 PM
0.37 x 2.85 16.76 x 2.28 x 4.01 x
Day 2 18-03-21 05:00 PM
0.72 x 7.73 44.47 x 5.33 x 10.55 x
Day 3 19-03-21 05:00 PM
103.77 x 389.90 75.29 x 7.54 x 175.46 x
Valuations
Earnings Per Share (EPS) ₹N/A/-
P/E Ratio N/A
RoNW (0.46)%
Net Asset Value (NAV) - As on 30.09.20 ₹168.47
Company Financials
In Crs.
In Cr.
31-Sep-20 31-Mar-20 31-Mar-19 31-Mar-18
Assets 798.65 776.82 514.58 470.75
Revenue 207.00 262.14 186.09 181.94
Profit After Tax (10.10) (26.61) 6.71 1.02
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.

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- Promoter(s)

Vikash Mittersain

Nitish Mittersain

Mitter Infotech LLP

Pre Issue Share Holding : 24.16%

Post Issue Share Holding : 20.70%

IPO - Issue Objectives
1

To achieve the benefits of listing Equity Shares on the Stock Exchanges.

2

To carry out the sale of up to 5,294,392 Equity Shares by the Selling Shareholders