Investors can check the share allotment on the registrar's website  in two easy steps. Select 'Nazara Technologies Limited-IPO' in the dropdown, enter either PAN, Application Number, or DP Client ID, and click on 'search'.

The share allocation can also be checked on the BSE website. https://www.bseindia.com/investors/appli_check.aspx Select 'equity' in issue type and issue name Nazara Technologies Limited in the dropdown, enter 'application number and PAN, and finally click on 'search' button.


Incorporated in 1999, Nazara Technologies Ltd is a leading mobile game company in India. The company offers a range of diversified gaming products across the Interactive gaming, eSports, and gamified early learning ecosystem across emerging markets i.e. India, Africa, South East Asia, Middle East, and Latin America. It is one of the leading live eSports streaming and on-demand eSports media content providers in India. CarromClash and World Cricket Championships in mobile games, Kiddopia in gamified early learning, Nodwin and Sportskeeda in eSports, and Halaplay and Qunami are some of its offerings.

The business operates in different segments; Subscription-based business, Freemium Business, eSports, Gamified early learning, and Real money gaming. Subscription business focuses on mass mobile internet users comprising mainly first-time mobile gamers. The company derives maximum revenue from subscription fees charged from customers under the gamified early learning and eSports business segments, accounted for 71.03% of revenues for the six months period ended on Sep 30, 2020.

Competitive 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.

Company Promoters:

Vikash Mittersain, Nitish Mittersain, and Mitter Infotech LLP is the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)

Particulars

For the year/period ended (₹ in millions)

30-Sep-20

31-Mar-20

31-Mar-19

31-Mar-18

Total Assets

7,986.55

7,768.29

5,145.83

4,707.59

Total Revenue

2,070.06

2,621.46

1,860.98

1,819.40

Profit After Tax

(101.07)

(266.15)

67.13

10.23

Objects of the Issue:

Nazara Technologies IPO aims to raise money for the below objectives:

·         To achieve the benefits of listing Equity Shares on the Stock Exchanges.

·         To carry out the sale of up to 5,294,392 Equity Shares by the Selling Shareholders

Nazara Technologies IPO Details

IPO Opening Date

Mar 17, 2021

IPO Closing Date

Mar 19, 2021

Issue Type

Book Built Issue IPO

Face Value

₹4 per equity share

IPO Price

₹1100 to ₹1101 per equity share

Market Lot

13 Shares

Min Order Quantity

13 Shares

Listing At

BSE, NSE

Issue Size

5,294,392 Eq Shares of ₹4
(aggregating up to ₹582.91 Cr)

Offer for Sale

5,294,392 Eq Shares of ₹4
(aggregating up to ₹582.91 Cr)

 

Nazara Technologies IPO Tentative Timetable

The Nazara Technologies IPO open date is Mar 17, 2021, and the close date is Mar 19, 2021. The issue may list on Mar 30, 2021.

IPO Open Date

Mar 17, 2021

IPO Close Date

Mar 19, 2021

Basis of Allotment Date

Mar 24, 2021

Initiation of Refunds

Mar 25, 2021

Credit of Shares to Demat Account

Mar 26, 2021

IPO Listing Date

Mar 30, 2021

Nazara Technologies IPO Lot Size

The Nazara Technologies IPO market lot size is 13 shares. A retail-individual investor can apply for up to 13 lots (169 shares or ₹186,069).

Application

Lots

Shares

Amount (Cut-off)

Minimum

1

13

₹14,313

Maximum

13

169

₹186,069

Nazara Technologies IPO Promoter Holding

Pre Issue Share Holding

24.16%

Post Issue Share Holding

20.70%

Nazara Technologies IPO Subscription Status (Bidding Detail)

The Nazara Technologies IPO is subscribed 175.46x times on Mar 19, 2021 05:00. The public issue subscribed 75.29x in the retail category, 103.77x in the QIB category, and 389.89x in the NII category. Check Day by Day Subscription Details (Live Status)

Category

IPO Subscription

QIB ?

103.77x

NII ?

389.89x

RII ?

75.29x

Employee ?

7.55x

Total ?

175.46x