
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
+67.2%
Est. Listing
₹1841
at current GMP
Subscribed
—
Open
17 Mar 2021
Close
19 Mar 2021
Allotment
24 Mar 2021
Refund
25 Mar 2021
Demat Credit
26 Mar 2021
Listing
30 Mar 2021
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 2,647,593 | — | 0.00x |
| Non-Institutional (NII / HNI) | 794,278 | — | 0.00x |
| Retail Individual (RII) | 1,853,315 | — | 0.00x |
| Total | 5,295,186 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 142,563 | 142,563 | 1.00x |
| HNIs (10L +) | 912 | 912 | 1.00x |
| HNIs (2-10L) | 4,364 | 4,364 | 1.00x |
| Total Applications | 147,839 | 147,839 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
The latest Grey Market Premium (GMP) for Nazara Technologies Limited IPO is ₹740 per equity share. Based on the upper price band of ₹1100 to ₹1101 per equity share, the estimated listing price is ₹1841 (+67.2% expected listing gain).
With a lot size of 13 shares and current GMP of ₹740, the expected profit per application lot is approx ₹9,620 (+67.2% gain). Minimum application cost is approx ₹14,313.
The Nazara Technologies Limited IPO aggregate issue size is ₹583 Crores with an equity price band set at ₹1100 to ₹1101 per equity share. The retail lot size is 13 shares requiring a minimum capital outlay of approx. ₹14,313.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2021-03-24. Investors can verify status using PAN card or application number.
Nazara Technologies Limited shares are scheduled to list on NSE and BSE on 2021-03-30.