Nazara Technologies IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 17 Mar 2021 - 19 Mar 2021
Issue Size ₹546.7 Cr
Issue Price ₹1100-1101
Market Lot 13 Shares
Shares on Offer
Registrar Link Intime
GMP ₹910-920
Kostak N/A
Subject to Sauda N/A
Listing Date N/A
Listing Price ₹1990
Listing Gain% 80

About Nazara Technologies Limited

Nazara Technologies is a leading India based diversified gaming and sports media platform with a presence in India and across emerging and developed global markets such as Africa and North America, with offerings across the interactive gaming, eSports and gamified early learning ecosystems. The company owns some of the most recognisable IP, including WCC and CarromClash in mobile games, Kiddopia in gamified early learning, Nodwin and Sportskeeda in eSports and eSports media, and Halaplay Technologies Private Limited (“Halaplay”) and Qunami in skill-based, fantasy and trivia games. Nazara was among the first entrants in the Indian market in eSports (through Nodwin) and cricket simulation (through Nextwave).

Company Promoters

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

Company Financials

Particulars 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets (In ₹ Millions) 7,768.29 5,145.83 4,707.59
Total Revenue (In ₹ Millions) 2,621.46 1,860.98 1,819.40
Profit After Tax (PAT) (In ₹ Millions) -266.15 67.13 10.23

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda
20 Mar 2021 ₹910-920 N/A N/A
19 Mar 2021 ₹970-990 N/A N/A
17 Mar 2021 ₹910-920 N/A N/A

Strengths & Weaknesses

Strength
Great GMP for this stock and the IPO is available at a lucrative price.
Weakness
Huge loss for the company is 2020.

Nazara Technologies Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 17 Mar 2021 0.36 2.85 16.75 4.01
Day 2 - 18 Mar 2021 0.72 7.73 44.7 10.55
Day 3 - 19 Mar 2021 103.77 389.89 75.29 175.46

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Nazara Technologies Limited IPO FAQs

  1. When will Nazara Technologies Limited IPO open?

    Nazara Technologies Limited IPO will open on 17 Mar 2021 and close on 19 Mar 2021.

  2. What is the listing date of Nazara Technologies Limited IPO?

    Nazara Technologies Limited IPO will list on .

  3. What is the offer price of Nazara Technologies Limited IPO?

    The offer price of Nazara Technologies Limited IPO is ₹1100-1101.

  4. What is the lot size of Nazara Technologies Limited IPO?

    The lot size of Nazara Technologies Limited IPO is 13.

  5. What is the Grey Market Premium (GMP) price of Nazara Technologies Limited IPO?

    The Grey Market Premium (GMP) price of Nazara Technologies Limited IPO is ₹910-920.

  6. What is the Kostak price of Nazara Technologies Limited IPO?

    The Kostak price of Nazara Technologies Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Nazara Technologies Limited IPO?

    The Subject to Sauda price for Nazara Technologies Limited IPO is Not Available at the moment.

Nazara Technologies Limited IPO Review/Comments

Its a superb subscription for the Nazara and another IPO where we are going to have a lottery allotment - just read the message at https://www.ipowatch.in/

Vijay Prajapati

After heavy loss in 2020 why the GMP sohigh in the market

ram agarwal

When the allotment will be final

Ratan Agarwal

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