Insights

5 Reasons to go for Nazara Technologies IPO

March 16, 2021 . Manas muraleedharan

The IPO fest of March just became more interesting with the announcement of the IPO of Nazara Technologies. Here are a few pointers about Nazara Technologies.

  • With its high end graphics and creative models, Nazara Technologies has established India’s potential in the global gaming industry. 
  • Based in India, Nazara Technologies has proved its mettle in interactive gaming, eSports and gamified early learning. It has a growing international market.
  • It derives majority of its revenue from subscription fees for gamified early learning and eSports business segments.
  • Rakesh Jhunjhunwala is one of the key investors
  • Some of its creations – CarromClash and World Cricket Championships in mobile games, Kiddopia in gamified early learning, Nodwin and Sportskeeda in eSports, and Halaplay and Qunami 

Competitive Strengths

  • One of India’s leading eSports companies
  • Global presence
  • Strong leadership backed by marquee investors
  • Asset light business model

Company Financials:

ParticularsFor the year/period ended 30-Sep-20
(₹ in million)
For the year/period ended 31-Mar-20
(₹ in million)
For the year/period ended 31-Mar-19
(₹ in million)
For the year/period ended 31-Mar-18
(₹ in million)

Total Assets

7,986

7,768

5,145

4,707

Total Revenue

2,070

2,621

1,860

1,819

Profit After Tax

(101)

(266)

67

10

Don’t miss out on this significant opportunity to upgrade your portfolio! Here are the IPO details.


IPO Date

Mar 17, 2021 – Mar 19, 2021

Issue Type

Book Built Issue IPO

Issue Size

52,94,392 Equity Shares of ₹4 (aggregating up to ₹582.91 Cr)

Offer for Sale

52,94,392 Equity Shares of ₹4 (aggregating up to ₹582.91 Cr)

Face Value

₹4 per equity share

IPO Price

₹1,100 to ₹1,101 per equity share

Market Lot

13 shares

Minimum Order Quantity

13 shares

Listing at

BSE, NSE
ApplicationLotsSharesAmount (Cut-off)

Minimum

1

13

₹ 14,313

Maximum

13

169

₹ 1,86,069

So what are you waiting for? Invest and own a part of 1 of India’s largest Gaming Giants!

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