Nazara Technologies Limited IPO price band, GMP, Allotment, Listing date and Price

Nazara Technologies Limited IPO details (17-19 Mar) (Price: 1100-1101)

Nazara Technologies Limited IPO details
Nazara Technologies Limited IPO details

Listing date and Listing Price of Nazara Technologies Limited IPO:

  1. Nazara Technologies Limited IPO listed on BSE and NSE exchanges on – 30.03.2021
  2. Listing Price of Nazara Technologies Limited IPO on NSE – Rs. 1990, Premium of 80.74%
  3. Listing Price of Nazara Technologies Limited IPO on BSE -Rs. 1971, Premium of 79.02%

Grey Market premium (GMP) price of Nazara Technologies Limited IPO :

Grey Market premium (GMP) price of Nazara Technologies Limited IPO is Rs. 840-850. Grey Market premium (GMP) of Nazara Technologies Limited IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. (Source : ipowatch.in)

Nazara Technologies Limited IPO Allotment link status on Link Intime:

  1. Check the allotment status of Nazara Technologies Limited IPO on the below link given by Link Intime.
  2. Nazara Technologies Limited IPO Allotment Link – https://linkintime.co.in/MIPO/Ipoallotment.html
  3. Nazara Technologies Limited IPO Allotment link status on Link Intime can be checked by Application No or DP Client ID or PAN.

Nazara Technologies Limited IPO subscription status details:

QIB (Qualified Institl. Bidders)NIB (Non-institutional Investor)RII (Retail Individual Investor)Employee CategoryTotal No. of times applied
No. of shares offered15,82,2647,91,1315,27,42120,18129,20,997
Day 10.36x2.85x16.75x2.28x4.01x
Day 20.72x7.73x44.47x5.33x10.55x
Day 3103.77x389.89x75.29x7.55x175.46x
Nazara Technologies Limited IPO subscription status live

Nazara Technologies Limited IPO highlights:

Nazara Technologies Limited IPO bid Opens on 17 March 2021, Wednesday
Nazara Technologies Limited IPO bid Closes on19 March 2021, Friday
Post issue Modification Period20- March -2021 (10.00 A.M. to 11.00 A.M.)
Cut-off time for UPI Mandate Confirmation20- March -2021 (upto 12:00 PM)
Issue type100% Book Building
Nazara Technologies Limited IPO issue size₹ 582.91 Cr
Face value of each equity shareRs. 4
Nazara Technologies Limited IPO Price bandRs.1100 to Rs.1101 per share
Nazara Technologies Limited IPO market lot13 equity shares and multiples of 13
Nazara Technologies Limited IPO minimum order quantity13 equity shares
Pre IPO equity share of promoters of Nazara Technologies Limited24.16%
Post IPO paid-up equity share of promoters of Nazara Technologies Limited20.70%
QIB portion reservation in Nazara Technologies Limited IPO75 %
NIB portion reservation in Nazara Technologies Limited IPO15 %
Retail portion reservation in Nazara Technologies Limited IPO10 %
Retail individual bidder can apply in Nazara Technologies Limited IPOup to 2 lakh (200,000) – Maximum 13 Lot
Retail individual discount in Nazara Technologies Limited IPONA
Employees can apply in Nazara Technologies Limited IPOup to 2 lakh (200,000)
Reservation for employees in Nazara Technologies Limited IPOyes
Discount for employees in Nazara Technologies Limited IPORs. 110 per equity share for eligible employee Category
Listing of Nazara Technologies Limited at ExchangesNSE, BSE
Fund raised from Anchor Investors in Pre-IPO of Nazara Technologies LimitedNA
Price to Earnings (P/E) Ratio of Nazara Technologies LimitedNA
Promoters of Nazara Technologies Limited VIKASH MITTERSAIN, NITISH MITTERSAIN AND MITTER INFOTECH LLP  
Nazara Technologies Limited IPO lead managersICICI Securities Limited, IIFL Securities Limited, Jefferies India Private Limited and Nomura Financial Advisory and Securities (India) Private Limited
Sponsor BankICICI Bank Limited
Registrar of Nazara Technologies Limited IPO issueLink Intime India Private Limited
Nazara Technologies Limited IPO highlights

Nazara Technologies Limited IPO important dates regarding bidding, allotment, listing, refund etc. :

The probable dates regarding bidding, allotment, listing, refund of Nazara Technologies Limited IPO are mentioned below.

Nazara Technologies Limited IPO opens on17.03.2021
Nazara Technologies Limited IPO Closes on19.03.2021
Allotment basis date of Nazara Technologies Limited IPO24.03.2021
Money refund date of Nazara Technologies Limited IPO25.03.2021
Shares of Nazara Technologies Limited in Demat Account26.03.2021
Nazara Technologies Limited IPO listing date on NSE, BSE30.03.2021
Nazara Technologies Limited IPO important dates regarding bidding, allotment, listing, refund etc.

How much shares of Nazara Technologies Limited IPO are being offered?

Type of Issue (Fresh / OFS)No. of Equity shares offeredAmount of Equity shares
Total Issue size₹ 582.91 Crore
Fresh Issue size
Offer for Sale (OFS)₹ 582.91 Crore
Employee Reservation
No. of Equity shares offered of Nazara Technologies Limited IPO

Nazara Technologies Limited financial statements details:

30.09.202031.03.202031.03.201931.03.2018
( million)( million)( million)( million)
Total Assets7,986.557,768.295,145.834,707.59
Total Revenue2,070.062,621.461,860.981,819.40
Profit (101.07)(266.15)67.1310.23
Nazara Technologies Limited financial statements details

IPO Red Herring Prospectus (RHP) of Nazara Technologies Limited:

Click here for IPO RHP of Nazara Technologies Limited on SEBI website.

Nazara Technologies Limited IPO details – Price band, IPO bid opening date, Closing date, IPO Allottment, IPO GMP, IPO Demat allocation, How to apply (FAQ):

1. What is the Nazara Technologies Limited IPO bid / issue / subscription opening date and closing date?

Ans : Nazara Technologies Limited IPO will open for subscription from 17th March 2021, Wednesday to 19th March 2021, Friday.

2. Who are the lead managers of Nazara Technologies Limited IPO ?

Ans : The lead managers for Nazara Technologies Limited IPO are : ICICI Securities Limited, IIFL Securities Limited, Jefferies India Private Limited and Nomura Financial Advisory and Securities (India) Private Limited.

3. Who is the Registrar of Nazara Technologies Limited IPO issue ?

Ans : Registrar of Nazara Technologies Limited IPO issue is Link Intime India Private Limited.

  1. Address of Registrar of Nazara Technologies Limited IPO issue – C-101, 247 Park, L B S Marg, Vikhroli (West), Mumbai 400 083, Maharashtra, India
  2. Telephone: +91 22 4918 6200
  3. E-mail:  nazara.ipo@linkintime.co.in
  4. Investor grievance E-mail:  nazara.ipo@linkintime.co.in
  5. Website: www.linkintime.co.in
  6. Contact Person: Shanti Gopalkrishnan
  7. SEBI Registration No: INR000004058

4. In Nazara Technologies Limited IPO, how much is reserved for QIB (Qualified Institutional Bidders) portion?

Ans : In Nazara Technologies Limited IPO, not more than 75% of the Net Offer shall be allocated on a proportionate basis to Qualified Institutional Buyers (“QIBs”, the “QIB Portion”). Up to 60% of the QIB Portion to Anchor Investors can be allocated. Up to one-third of QIB Portion to Anchor Investors shall be reserved for domestic Mutual Funds.

5. In Nazara Technologies Limited IPO, how much is reserved for NII (Non-institutional Investor) portion ?

Ans : In Nazara Technologies Limited IPO, NII (Non-institutional Investor) portion is reserved at not less than 15% of the Net issue of equity shares.

6. In Nazara Technologies Limited IPO, how much is reserved for RII (Retail Individual Investor) portion ?

Ans : In Nazara Technologies Limited IPO, RII (Retail Individual Investor) portion is reserved at not less than 10 % of the Net issue of equity shares.

7. In Nazara Technologies Limited IPO, how much Retail individual bidder can apply?

Ans : In Nazara Technologies Limited IPO, Retail individual bidder can apply up to 2 lakh (200,000) per application or per PAN (including HUFs applying through their Karta and Eligible NRIs).

8. In Nazara Technologies Limited IPO, how much discount is available for Retail individual bidder ?

Ans : In Nazara Technologies Limited IPO, there is no retail bidding discount is available.

9. In Nazara Technologies Limited IPO, is there any Employees reservation?

Ans : In Nazara Technologies Limited IPO, there is Employees reservation.

10. In Nazara Technologies Limited IPO, how much bid Employees can apply?

Ans : In Nazara Technologies Limited IPO, Employees bidder can apply up to 2 lakh (200,000).

11. In Nazara Technologies Limited IPO, how much discount is available for Employees bidder ?

Ans : In Nazara Technologies Limited IPO, there is a discount of Rs. 110 per equity share for eligible employee Category available.

12. What will be pre issue and post issue paid-up equity share of Nazara Technologies Limited promoters?

Ans : The pre issue and post issue paid-up equity share of Nazara Technologies Limited promoters are :

  • The Pre issue equity share of Nazara Technologies Limited was 24.16%.
  • The post issue equity share of Nazara Technologies Limited will be 20.70 %.

13. What is the Nazara Technologies Limited IPO Price band?

Ans : Price band of Nazara Technologies Limited IPO will be Rs. 1100 to Rs 1101 per share.

14. Via IPO of Nazara Technologies Limited, how much Fund will be raised?

Ans : Nazara Technologies Limited will raise up to Rs 582.91 crore via IPO.

15. How much money were already raised through Nazara Technologies Limited pre-IPO Anchor Investors?

Ans : Rs. 261 Crore were already raised through Nazara Technologies Limited pre-IPO Anchor Investors on 16th March 2021.

16. Who were the Anchor Investors in Nazara Technologies Limited pre-IPO?

Ans :NA

17. How to apply or bid in Nazara Technologies Limited IPO?

Ans : All Bidders, except Anchor Investors and RIBs, shall participate in this Issue mandatory through the ASBA process by providing the details of their respective bank accounts in which the corresponding Bid Amount will be blocked by the SCSBs. RIBs may participate through the ASB process by either; (a) providing the details of their respective ASBA Account in which the corresponding Bid Amount will be blocked by the SCSBs or, (b) through the UPI Mechanism. Anchor Investors are not permitted to participate in the Issue through the ASBA process.

18. How is the Nazara Technologies Limited IPO Grading by Rating agencies like Crisil, ICRA, Care etc. ?

Ans : NA.

Objectives of the Nazara Technologies Limited IPO Issue:

The net proceeds of the Issue, i.e. Gross proceeds of the Issue less the Issue expenses (“Net Proceeds”) are proposed to be utilised in the following manner:

  1. to carry out the Offer for Sale of up to 5,294,392 Equity Shares by the Selling Shareholders
  2. achieve the benefits of listing the Equity Shares on the Stock Exchanges
  3. Our Company will not directly receive any proceeds from the Offer (the “Offer Proceeds”) and all the Offer Proceeds will be received by the Selling Shareholders, in proportion to the Offered Shares sold by the respective Selling Shareholders as part of the Offer.

What Nazara Technologies Limited as a company does?: (Source – RHP)

We are the leading 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 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. (Source: F&S Report)

Our goal is to cater to billion plus mobile internet players across emerging markets who have embraced social multiplayer interactive gaming as the foremost form of entertainment. We seek to achieve this by providing interactive mobile games, eSports content and gamified early learning apps which are entertaining, locally relevant and result in positive engagement and longer retention of users of our platform. Given our market-first position in India across sports simulation and eSports (Source:F&S Report). We believe we are well placed to leverage the opportunity that interactive mobile games, eSports content and gamified early learning apps offer. Our effort has been to grow revenue and profitability concurrently by leveraging our capabilities of in-house content creation, game engine development, technology stack development, our relationships with other participants in gaming ecosystems and our skilled leadership.

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