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

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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