Nazara Technologies IPO is opening on 17th March 2021. Nazra Technologies is one of the leading gaming and esports company with a presence in India as well as foreign countries like Africa and North America. Company Has many IPs Like WCC (World Cricket Champion), Carrom Clash in Mobile Gaming, Kiddopia which is learning App for kids, Sportskeeda and Nodwin in eSports media. The company has Fantasy Games Like HalaPlay and skill-based games like Qunami.Nazara Technologies IPO is Closing on 19th March 2021
Companies Investors:
- Mastermind Sports Limited (Holding 26%)
- Moong Labs Technologies Limited (Holding 24.41%)
- Hashcube (Holding 12.38%)
“Rakesh Jhunjhunwala is also one of the biggest shareholder with 10.80% Stake in Company”
Nazara IPO Details:
| Opening Date | 17 March 2021 |
| Closing Date | 19 March 2021 |
| Type of Issue | Book Built Issue IPO |
| Size of Issue | 5,294,392 – Equity Shares (aggregating up to ₹582.91 Cr) |
| Offer for Sale | 5,294,392- Equity Shares (aggregating up to ₹582.91 Cr) |
| Listing At | BSE, NSE |
| Face Value | Rs.4 per eq. share |
| IPO Price | Rs. 1100-1101 |
| Market Lot | 13 Shares |
| Minimum Order Quantity | 13 Shares |
Nazara IPO Tentative Time-Table:
| Opening Date | 17 March 2021 |
| Closing Date | 19 March 2021 |
| Allotment Date | 24 March 2021 |
| Refund Initiations | 25 March 2021 |
| Share Credit in Demat Account | 26 March 2021 |
| IPO Listing | 30 March 2021 |
Nazara Comapany Financials:
| 30-September-20 | 31-March-20 | 31-March-19 | 31-March-18 | |
| Assests | 7,986.55 | 7,768.29 | 5,145.83 | 4,707.59 |
| Revenue | 2,070.06 | 2,621.46 | 1,860.98 | 1,819.40 |
| Profit After Tax | (101.07) | (266.15) | 67.13 | 10.23 |
You can Apply For Nazara Technologies Limited IPO for Good Listing Gain. As of Now Grey Market Premium(GMP) is Around 840 Rs Per Share.