Nazara technologies Ltd incorporated in 1999, is a leading India Based diversified gaming company and has presence across india and emerging markets and developed global markets including such as Africa and North America. Company business segment include Gamified early learning, e-sports ,Telco Subscription, freemium, real money and offers interactive gaming portfolio such as, 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. It is the only company and the first company who has the IP rights and assets across grassroot, regional, national and international eSports. Company has market first position in India across sports simulation and esports.

Nazara Technologies Limited IPO

Wants To Apply Online



Issue Details

Objects of the issue ·          To  gain advantage of listing equity shares on stock exchange.
Issue Size Issue Size – Rs.582.91 Crore

Offer for Sale-Rs.582.91 Crore

Face value  

Rs.4 Per Equity Share

Issue Price Rs. 1100 – Rs. 1101
Bid Lot 13 shares
Listing at  


Issue Opens: 17thMarch2021 – 19th March 2021
QIB 50% of Net Issue Offer
Retail 15% of Net Issue Offer
NIB 35% of Net Issue Offer

Financial Performance:


Shareholding Pattern:

Shareholding Pattern Pre- Issue Post Issue
Promoters & Promoters Group 22.97 20.70
Public 77.03 79.30

Source: RHP, EWL Research

Check  Nazara Technologies Limited IPO Allotment Status

Nazara Technologies Limited IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.

One can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-

  1. To  Nazara Technologies Limited IPO  Allotment Status
  2. Go to Application Status
  3. Select IPO as Nazara Technologies Limited
  4. Enter your PAN Number or Application Id or DP Client Id.


 Nazara Technologies Limited IPO

Application Form


  • Diversified and scalable business model
  • Portfolio of premium intellectual property and content across regions and businesses.
  • Large and engaged community of users, with attractive monetization opportunities.
  • Successful inorganic growth through strategic acquisitions.
  • Profitable platform model benefitting from India growth story with limited regulatory risk

Key Highlights:

  • Company e-sports content business grew by 60% in FY20 Y-o-Y and has shown growth of 9x times in the last three financial years.
  • Company’s percent of revenue from business segment include Gamified early learning, e-sports , Telco Subscription, freemium, real money gaming is 39.25, 31.78, 21.33, 4.50, 3.14.
  • EBITDA Margin stood at 6.11% in H1 FY21 vs 3.48% in FY20.
  • Company has a current ratio of 2.2:1.
  • Company is virtually Debt Free.
  • Company has spend highest on Advertisement and Marketing.

Risk Factors:.

  • Any failure to exploit and grow existing relationships within gaming ecosystem.
  • Company could subject to country risk as regulations in different countries are different.


Nazara technologies is a India based gaming company whose focused approach is to gain the advantage of digitization in gaming Industry over traditional PC  gaming. In recent years company has acquired several companies like Nodwin gaming, next wave, halaplay , absolute sports and paper boates app which helps company to in organically in different verticals of gaming. The gaming Industry is emerging at a very fast pace and Indian gaming industry is growing at a CAGR of 32.6% as momentum gaining of earning and learning via gaming and it also surpasses the Movies and Music Industry by more than 2.5x times in 2020 which  dominated entertainment Industry in the years gone by. The increased penetration of Smartphone, Rising in Gen Z population, live streaming competition at global level and first of kind company to list on Indian Stock Exchange among gaming industry  will be a strong advantage for the company so we recommend subscribe to the IPO.

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