Nazara Technologies Limited IPO: Price, Allotment, Listing, Subscription, Gmp

Nazara Technologies Limited IPO: Nazara Technologies, a Mumbai-based diversified gaming company backed by Rakesh Jhunjhunwala, has filed for an IPO for the second time after a failed attempt in 2018.

Nazara Technologies Limited IPO
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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).

Promotors of Nazara Technologies Ltd.

  • Vikash Mittersain
  • Nitish Mittersain
  • Mitter Infotech LLP

Lead Managers of Nazara Technologies Ltd.

  • ICICI Securities Limited
  • IIFL Securities Limited
  • Jefferies India Private Limited
  • Nomura Financial Advisory and Securities (India) Private Limited

Financials of Nazara Technologies Limited

 Particulars (INR & Millions)30.09.202031.03.202031.03.201931.03.2018
Total Assets7986.557768.295145.834707.59
Total Revenue2070.062621.461860.981819.4
Total Expense2135.852811.51742.81333.72
Profit After Tax  (101.07)  (266.15)    67.13  10.23

Nazara Technologies Limited IPO Details

Security TypeEquity
Issue Period17 to 19 March 2021
IPO Market Timings
Issue Size – No. of Shares4,965,476 Eq Shares of ₹4
(aggregating up to ₹546.70 Cr)
Price Band₹1100 to ₹1101 per equity share
Face Value₹4 per equity share
Market Lot13 Shares
List atBSE, NSE

Tentative Date/ Timetable of Nazara Technologies Ltd IPO

Bid/Offer Opens On17 March 2021
Bid/Offer Closes On19 March 2021
Finalization of Basis of Allotment24 March 2021
Initiation of Refunds25 March 2021
Credit of Shares to Demat Acct26 March 2021
IPO Shares Listing Date27 March 2021

Nazara Technologies Ltd IPO Latest Grey Market Premium (GMP)

12.03.2021₹ 1101N.A.N.A.
11.03.2021₹ 1101N.A.N.A.
10.03.2021₹ 1101N.A.N.A.
09.03.2021₹ 1101N.A.N.A.
08.03.2021₹ 1101N.A.N.A.

IPO Subscription Details of Nazara Technologies Limited


IPO Allotment status of Nazara Technologies Limited

Nazara Technologies Limited IPO Allotment Status can be checked here by clicking to find the IPO Allotment Status. Allotment of Equity Shares as per the Fresh Issue and move of the Offered Shares of the Promoter Selling Shareholders compliant with the Offer available to be purchased to the effective Bidders.

Company Contact Information

Nazara Technologies Ltd.,
51-57, Maker Chambers 3,
Nariman Point, Mumbai 400021

Phone: +91-22-40330800

Nazara Technologies Limited IPO Registrar

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S Marg, Vikhroli (West)
Mumbai 400 083
Maharashtra, India
Tel: +02 22 4918 6200
Investor grievance email:

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