What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Nazara Technologies Limited IPO allotment date?

The basis of allotment for Nazara Technologies Limited IPO is scheduled to be finalized on 24 Mar 2021.

Where can I check Nazara Technologies Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 25 Mar 2021.

Nazara Technologies Limited

ListedMainboard

Technology / Consumer Discretionary · NSE / BSE

Incorporated in 1999, Nazara Technologies Ltd is a leading mobile gaming company in India, offering a diversified portfolio across interactive gaming, eSports, gamified early learning, and real-money gaming in emerging markets such as India, Africa, Southeast Asia, the Middle East, and Latin America. Its key offerings include CarromClash and World Cricket Championships (mobile games), Kiddopia (gamified early learning), Nodwin and Sportskeeda (eSports), and Halaplay and Qunami (real-money gaming). The company operates through multiple business segments including subscription-based, freemium, eSports, gamified learning, and real-money gaming, with subscription fees from gamified learning and eSports contributing approximately 71.03% of revenues for the six months ended September 30, 2020.

Price Band

₹1100 – ₹1101

Issue Size

₹583 Cr

Lot Size

13 shares

GMP

₹740

+67.2%

Est. Listing

₹1841

at current GMP

Subscribed

—

Open

17 Mar 2021

19 Mar 2021

Allotment

24 Mar 2021

Refund

25 Mar 2021

Demat Credit

26 Mar 2021

Listing

30 Mar 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Nazara Technologies Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

24 Mar 2021

Basis finalization

Refunds Initiate

25 Mar 2021

Mandate release

Demat Credit

26 Mar 2021

Shares in demat

Listing Debut

30 Mar 2021

Trading begins

How to Check Nazara Technologies Limited IPO Allotment Status

Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
Select Nazara Technologies Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Nazara Technologies Limited Public Issue & Market Profile

Nazara Technologies Limited is bringing an initial public offering (IPO) in the Technology / Consumer Discretionary sector with an aggregate issue size of ₹583 Crores. The shares are offered at a price band of ₹1100 to ₹1101 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 13 shares (approx. ₹14,313 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-03-26, while un-allotted funds or UPI block mandates will be released on 2021-03-25.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.