Nazara Technologies Limited

Nazara Technologies Limited IPO Review

The IPO description for Nazara Technologies is as follows: Nazara Technologies is a gaming and sports media platform having a presence in India as well as growing and developed global regions such as Africa and North America.
World Cricket Championship (WCC) and CarromClash in mobile games, Kiddopia in gamified early learning, Nodwin and Sportskeeda in eSports and eSports media, and Halaplay and Qunami in skill-based, fantasy, and trivia games are among the company’s interactive gaming, eSports, and gamified early learning ecosystems.
In India, the company created capacities and capabilities across its offerings, focusing on Indian gamers, and then reproduced its business model in other countries to target gamers. The content is created in India for both an Indian and a worldwide audience, enabling for scale, as proven by an average of 40.17 million MAUs for FY2020 and an average of 49.25 million MAUs across all games for the six months ending September 30, 2020. In addition to a strong portfolio of 143 items, the company’s growth is fueled by strong tailwinds in mobile gaming and eSports in India and around the world, with a further acceleration expected in calendar year 2020 due to COVID 19.

Subscription Dates

17 – 19 March 2021

Price Band

INR1,100 – 1,101 per share

Fresh issue

Nil

Offer For Sale

4,965,476 shares (INR546.2 – 546.70 crore)

Total IPO size

4,965,476 shares (INR546.2 – 546.70 crore)

Minimum bid (lot size)

13 shares

 

FY2018

FY2019

FY2020

H1 FY2021

Revenue

181.9

186.1

262.1

207.0

Expenses

133.4

174.3

281.1

213.6

Comprehensive income

2.6

18.0

-10.5

-14.4

Net margin (%)

1.4

9.7

-4.0

-7.0

Earnings Per Share (EPS): -INR0.77
Price/Earnings (PE ratio): NA
Return on Net Worth (RONW): -0.46%
Net Asset Value (NAV): INR168.47 per share (as of 30 Sep 2020)

Listing Performance of Barbeque Nation Hospitality Limited IPO

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

  Nazara Technologies Limited

Mar 30, 2021

1101

1576.8

43.22%

Symbol: NAZARA
ISIN: INE418L01021

Aditya Birla Money – Subscribe
Angel Broking – Subscribe
BP Wealth – Subscribe for Listing Gains
Choice Broking – Subscribe
Cholamandalam Securities – Subscribe
Elite Wealth – Subscribe
GEPL Capital – Subscribe
LKP Securities – Subscribe
Religare Broking – Subscribe for Long Term
Samco Securities – Subscribe for listing gains
SMC Global – 2/5
Ventura Securities – Not rated

IPO Opening Date: 17 March 2021
IPO Closing Date: 19 March 2021
Finalisation of Basis of Allotment: 24 March 2021
Initiation of refunds: 25 March 2021
Transfer of shares to demat accounts: 26 March 2021
Listing Date: 30 March 2021
Opening Price on NSE: INR1,990 Per share (up 80.74% from IPO price)
Closing Price on NSE: INR1,592 Per share (up 44.59% from IPO price)

Nazara Technologies Limited
51-57, Maker Chambers 3,
Nariman Point,
Mumbai 400 021
Maharashtra, India
Phone: +91 22 4033 0800
Email: cs@nazara.com
Website: www.nazara.com

Link Intime India Private Limited
C-101, 1st Floor,
247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: nazara.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Category

Shares offered

Subscription (no. of times, at 5 PM)

Day 1

Day 2

Day 3

QIB

15,82,264

0.37

0.72

103.77

NII

7,91,131

2.85

7.73

389.90

Retail

5,27,421

16.76

44.47

75.29

Employee

20,181

2.28

5.33

7.54

Total

29,20,997

4.01

10.55

175.46



Nazara Technologies Limited IPO FAQ's

Nazara Technologies IPO is a main-board IPO of 5,294,392 equity shares of the face value of ₹4 aggregating up to ₹582.91 Crores. The issue is priced at ₹1100 to ₹1101 per equity share. The minimum order quantity is 13 Shares.The initial public offering (IPO) begins on Mar 17, 2021,and ends on Mar 19, 2021.The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.



The Nazara Technologies IPO opens on Mar 17, 2021 and closes on Mar 19, 2021.

Nazara Technologies IPO lot size is 13 Shares and the minimum order quantity is 13 Shares.

Nazara Technologies IPO  can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

The Basis of Allotment for Nazara Technologies IPO will be done on Mar 24, 2021, and the allotted shares will be credited to your demat account by Mar 26, 2021. Check the Nazara Technologies IPO allotment status.

The Nazara Technologies IPO listing date is on Tuesday, March 30, 2021.

Nazara Technologies Limited IPO Comments