Nazara Technologies was incorporated on December 8, 1999. Nazara is a India based diversified gaming and sports media platform with presence in India and across emerging and developed global markets such as Africa and North America, and offerings across the interactive gaming, eSports and gamified early learning ecosystem
| Bidding Dates |
|---|
| 17 Mar 2021 - 19 Mar 2021 |
| Subscription |
|---|
| 175.46x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,313 | 1 | 13 | 13 | 5.3 M | ₹1100 - ₹1101 | 23.78 % | ₹5823.8 M - ₹5829.1 M | RHP DOC |
Nazara Technologies IPO SUBSCRIPTION STATUS
19 Mar '21Nazara Technologies IPO overall subscription rate was 175.46 times the total available shares
Nazara Technologies IPO retail subscription rate was 75.29 times in the retail segment
Nazara Technologies IPO non-institutional investor subscription rate was 389.89 times in the non-institutional investor category
Nazara Technologies IPO Qualified Institutional Bidder subscription rate was 103.77 times the available shares for Qualified Institutional Bidder
Nazara Technologies IPO Employees subscription rate was 7.55 times in the Employees category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers | Employees |
|---|---|---|---|---|
| Category Reservation | 10% | 15% | 75% | - |
19 Mar 2021 (Day 3) | 75.29x | 389.89x | 103.77x | 7.55x |
18 Mar 2021 (Day 2) | 44.47x | 7.73x | 0.72x | 5.33x |
17 Mar 2021 (Day 1) | 16.75x | 2.85x | 0.36x | 2.28x |
Nazara Technologies IPO SUBSCRIPTION STATUS DETAILS
Nazara Technologies had 5.3 M shares on offer
Nazara Technologies IPO offer price was in the range ₹1100 - ₹1101
Nazara Technologies IPO minimum Investment was ₹14313
Nazara Technologies IPO issue size was ₹ 5823.8 M - ₹ 5829.1 M
Nazara Technologies had a minimum lot size of 13 Shares per application
Nazara Technologies NUMBER OF SHARES ON OFFER
Nazara Technologies IPO IMPORTANT DATES
| Issue Open Date | 17 Mar 2021 |
| Issue close Date | 19 Mar 2021 |
| Allotment Date | 24 Mar 2021 |
| Refund Date | 25 Mar 2021 |
| Demat Account Credit Date | 26 Mar 2021 |
| Listing Date | 30 Mar 2021 |
| Listing on Exchange(s) | NSE and BSE |
| Nazara Technologies Allotment Status | Exchange |
Nazara Technologies IPO subscription opened on 17 Mar 2021, and closed on 19 Mar 2021
IPO allotment for Nazara Technologies was finalized on Wednesday, 24 Mar 2021
IPO listing for Nazara Technologies was on NSE and BSE on Tuesday, 30 Mar 2021
Nazara Technologies IPO LISTING GAINS
| Issue Price (adjusted) | 137.6 |
| Listing Open Price | 1971.0 |
| Listing Close Price | 1576.8 |
| Listing Gain% | 79.0% |
| Current Gain% | 158.2% |
Nazara Technologies Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nazara Technologies Ltd. | 355.4 | 1045.5 | -260.6 | 1.7 | 7.8 | 2.4 | 1.9 | 3072.6 | 79.1 | 81.9 | 8.1 | -1.4 | -149 |
| One97 Communications Ltd. | 1593.7 | 102177.4 | 157.2 | 1.4 | 11.4 | 3.4 | 2.3 | 9291 | 21.9 | 553 | 184 | 10.1 | 114.7 |
| PB Fintech Ltd. | 1733 | 80185 | 107.2 | 1.1 | 10.9 | 9.2 | 7.7 | 7166.4 | 33.1 | 669.9 | 89.8 | 16.2 | 98.3 |
| Affle 3I Ltd. | 1677.3 | 23629.7 | 49.5 | 2.6 | 8.3 | 12.4 | 10.3 | 2787.6 | 18.1 | 454.9 | 19.1 | 33.9 | 19.2 |
| Pine Labs Ltd. | 167.6 | 19336.4 | 151.9 | 0.7 | 6.8 | 1.9 | 0.8 | 2847.2 | 22.3 | 112.5 | 177.3 | 1.1 | 212.8 |
| Amagi Media Labs Ltd. | 659.5 | 14267.6 | 4.1 | 3 | 1570.1 | 28.4 | 71.7 | 204.3 |
Nazara Technologies IPO Reports
Nazara Technologies INFORMATION ON IPO ISSUE
About Nazara Technologies
Object of the Issue
2. To carry out the sale of up to 5,294,392 Equity Shares by the Selling Shareholders
Nazara Technologies - PROMOTERS
| Name |
|---|
| Vikash Mittersain |
| Nitish Mittersain |
| Mitter Infotech LLP |
Nazara Technologies Book Running Lead Managers
ICICI Securities Limited
nazara.ipo@icicisecurities.com
IIFL Securities Limited
nazara.ipo@iiflcap.com
Jefferies India Private Limited
nazara.ipo@jefferies.com
Nomura Financial Advisory and Securities (India) Private Limited
nazaratechnologiesipo@nomura.com
Nazara Technologies Registrar to the Offer
Link Intime India Private Limited
nazara.ipo@linkintime.co.in
Nazara Technologies Strengths
One of the leading eSports companies in India.
Diversified business based on the geographical presence and gaming products.
Strong leadership backed by marquee investors.
Asset light business model.
IPO FAQs
Nazara Technologies Ltd. IPO listing opened at Rs 1971.00 while the issue price was Rs 1101.00 giving 79.02% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 137.63 giving 158.23% gains since its IPO listing.
This IPO consists of an offer for sale of up to Rs 582.9 crore, of 5,294,392 shares.
The promoters of the company are Vikash Mittersain, Nitish Mittersain and Mitter Infotech LLP.
The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.
The price band of the IPO is Rs 1100.0 - 1101.0.
The IPO application opens on Mar 17, 2021 and closes on Mar 19, 2021.
The minimum lot size for the IPO is 13. The maximum lot size for the IPO is 169.
For all category investors, the minimum application amount for this IPO is Rs. 14,313.0, the maximum value for this IPO is Rs 186,069.0.
This IPO will be allotted on Mar 24, 2021.
The refund will be credited to your account on Mar 25, 2021.
The allotted shares will be credited to your demat on Mar 26, 2021.
Nazara Technologies Ltd.’s shares listed on the stock exchanges on Mar 30, 2021.