Nazara Technologies IPO

Nazara Technologies Limited

₹14,300 /13 sharesMinimum Investment

Nazara Technologies IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
17 Mar ‘21 - 19 Mar ‘21₹14,30013₹1,100 - ₹1,101
Issue SizeIPO Doc
52.94L
RHP PDF

Subscription Status As on 19 Mar '21, 5:00 PM

  • Retail Individual Investor
    75.29x
  • Non-Institutional Investor
    389.89x
  • Qualified Institutional Buyers
    103.77x
  • Employees
    7.55x

About Nazara Technologies

Nazara Technologies Limited is a diversified gaming and sports media platform. It has a presence in India and across emerging and developed global markets like North America, Africa, etc. The company offers a wide range of interactive games, eSports, and gamified early learning ecosystems including 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. Nazara tech has a market-first position in India across sports simulation and eSports. ;
Parent Organisation
Nazara Technologies Limited
Founded
1999
Managing Director
Vikash Mittersain

Strengths & Risks

  • Nazara Technologies Limited has a leadership position in a diversified and scalable business.
  • The company has successfully leveraged its capabilities for in-house content creation, game engine development and propriety technology stack development, ability to deliver positive LTV/CAC ratios across offerings and its relationships with telecom operators, app stores, and other participants in gaming ecosystems.
  • The company owns and has sustained access to premium IP and popular, local brands across eSports and mobile games in India.
  • The company has expanded its portfolio of business offerings through multiple acquisitions, and successfully integrated those businesses into its operations.
  • It has a presence in Indian and developed global markets such as Africa and North America, with offerings across the interactive gaming, eSports, and gamified early learning ecosystems.
  • Nazara Technologies suffered a huge loss of Rs.26.61 crore in 2020. 
  • A substantial option of the company’s revenue depends upon its subscription business.
  • Nazara Tech relies on third-parties for distributing its mobile games.

Financials

*All values are in Rs. Cr
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Application details

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