[Live] Nazara Technologies IPO: Subscription Status, Allotment Status, GMP Today, Dates

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Short Info: नज़ारा टेक्नोलॉजीज आईपीओ सब्सक्रिप्शन स्टेटस, ग्रे मार्केट प्रीमियम, अलॉटमेंट स्टेटस 2021 | Nazara Technologies Limited IPO: Review, Apply Online, Subscription Status, Allotment Status & Grey Market Premium (NSE & BSE India). Nazara Technologies IPO Subscription Status | Nazara Technologies GMP Today | Nazara Technologies IPO Allotment Status | Nazara Technologies IPO Price, Timetable, Listing Date, Share Price, Issue Date, Lot Size & Review at Official Website www.nseindia.com,www1.nseindia.com & www.bseindia.com.

Short Article Details:
Name of Article Nazara Technologies IPO
IPO Subscription Active
Article Published On 03/12/2021
Article Updated on  03/15/2021

Table of Content

नज़ारा टेक्नोलॉजीज आईपीओ: Nazara Technologies IPO Subscription, Allotment, GMP News Update

Latest News Update: Nazara Technologies Limited IPO Subscription & Allotment Status, GMP Today
  • IPO watchers say the Rakesh Jhunjhunwala-backed Nazara Technologies is likely to be the showstopper of the season.
  • Nazara’s public issue will see sale of 52,94,392 equity shares by the promoters and existing shareholders
  • The offer includes Rs 2 crore worth of shares for the company’s employees. Eligible employees will get shares at a discount of Rs 110 per share.

Nazara Technologies IPO details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.

Nazara Technologies IPO: Subscription Status, Grey Market Premium & Allotment Status

Summary: Rakesh Jhunjhunwala-backed Nazara Technologies is going to open its maiden public offer for subscription on March 17, within a price band of Rs 1,100-1,101 a share. The initial public offer of 52,94,392 equity shares will close on March 19, while the anchor book, if any, will open for bidding for a day on March 16.

Those selling shares in the IPO include Mitter Infotech LLP, a promoter of the company, IIFL Special Opportunities Fund, Good Game Investment Trust, IndexArb Securities and Azimuth Investments.

The listing will also provide a public market for equity shares in India. The equity shares are proposed to be listed on BSE and NSE.

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The IPO page of Nazara Technologies captures the details on its Issue Open Date, Issue Close Date, Listing Date, Face Value, Price band, Issue Size, Issue Type, and Listing Date’s Open Price, High Price, Low Price, Close price and Volume. It also captures the Holding Period Returns and Annual Returns.

Nazara Technologies Limited IPO Date, Price Band, Market Lot

Nazara Technologies IPO 2021 – Overview
Name of Article Nazara Technologies IPO 
in Language नज़ारा टेक्नोलॉजीज आईपीओ
Company Promoters Vikash Mittersain, Nitish Mittersain, and Mitter Infotech LLP is the company promoters.
Nazara Technologies IPO Lead Manager(s) ICICI Securities Limited
IIFL Holdings Limited
Jefferies India Private Limited
Nomura Financial Advisory And Securities (India) Pvt Ltd
IPO Date Mar 17 to Mar 19, 2021
Issue Type Book Built Issue IPO
Face Value ₹4 per equity share
IPO Price ₹1100 to ₹1101 per equity share
Market Lot 13 Shares
Min Order Quantity 13 Shares
Listing At BSE, NSE
Issue Size 5,294,392 Eq Shares of ₹4
(aggregating up to ₹582.91 Cr)
Offer for Sale 5,294,392 Eq Shares of ₹4
(aggregating up to ₹582.91 Cr)

Nazara Technologies Allotment & Listing Dates

Nazara Technologies Schedule: Allotment & Listing Dates
Event Dates
Bid/Offer Launch date Mar 17, 2021
Bid/Offer Last date Mar 19, 2021
Basis of Allotment finalization date Mar 24, 2021
Initiation of Refunds Mar 25, 2021
Credit of Shares to Demat Acct Mar 26, 2021
IPO Shares Listing Date Mar 30, 2021

Nazara Technologies IPO Subscription Status Live:

The Mumbai-based mobile gaming company, its initial public offer(IPO) will have a price band of ₹1,100-1,101 a share for the issue. The issue will open on 17 March and conclude on 19 March. The bidding for anchor investors would open on 16 March, the company said.

Nazara Technologies IPO Subscription Status (Day 1)

Category Subscription Status
Qualified Institutional [.] Times
Non-Institutional [.] Times
Retail Individual [.] Times
Employee [.] Times
Others [.] Times
Total [.] Times

Nazara Technologies IPO Grey Market Premium (GMP Today)

Nazara offers many free-to-play games such as Chhota BheemMotu Patlu and Oggy and the Cockroaches. In e-sports, it offers games such as World Cricket Championship 3, World Table Tennis Champions and Carrom Clash. The company generates nearly 40 per cent of its revenues from India, 40-41 per cent from North America and the balance from Africa, West Asia and South Africa.

Category Day 1 Day 2 Day 3
QIB 0.00x 0.00x 0.00x
NII 0.00x 0.00x 0.00x
RII 0.00x 0.00x 0.00x
Total 0.00x 0.00x 0.00x

Nazara Technologies IPO Grey Market Premium Updates

Date GMP Kostak Subject to Sauda

Nazara Technologies IPO GMP Rates day by day with Kotak rates.

  • Grey market premium as on today is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 11-03-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 10-03-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 09-03-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 08-03-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 07-03-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 06-03-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 05-03-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 04-03-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 03-03-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 02-03-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 01-03-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 28-02-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 27-02-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A

Nazara Technologies IPO Shares Offered

Category Shares Offered
QIB
NII
Retail
Employee
Total

Nazara Technologies IPO Subscription Process

You can apply in Nazara Technologies IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

How to apply for the Nazara Technologies IPO?

Step 1- You can submit your online application and make the payment through any supported UPI application via brokerages.

Step 2- To be able to create a UPI ID, you need to download the BHIM app, or any other UPI enabled bank application, where you own an account.

Step 3- While filing for the IPO make sure you mention the correct UPI ID.

Step 4- And after filling the application, the subscriber can submit the same to its financial advisor or brokerage.

Step 5- A request for blocking funds will be sent to the subscriber on the UPI mobile application. The subscriber would need to enter the UPI PIN to approve the block mandate.

Step 6- The funds will get blocked in the subscriber’s bank account, and once the allotment is done, the money will be debited from the blocked sum.

Nazara Technologies using Zerodha app

Login to Zerodha Kite console

Nazara Technologies using ICICI Direct app

Login to ICICIdirect.com.

Nazara Technologies using Angel Broking app

Log in to Angel Broking apps

Nazara Technologies IPO Online via Groww

go to https://groww.in/ipo.

How to check Nazara Technologies IPO Allotment status?

Rakesh Jhunjhunwala-backed Nazara Technologies’ proposed IPO will open on March 17 and the price band of the IPO has been fixed at Rs 1,100 to Rs 1,101 per equity share. The promoters and existing investors of the company, who are offering 5.29 million shares, or 16.7% stake, through an offer for sale (OFS) will be able to rake in Rs 582.91 crore at the upper band of the IPO.

Here’s how to check Nazara Technologies IPO Karvy, Linkintime, KFintech, BSEIndia & NSEIndia allotment status: If you have bid for the Indian Railway Finance Corporation IPO, you can check your allotment status by following these simple steps:

To check on the stock-exchange website:

Nazara Technologies IPO Date, Price, GMP, Review, Analysis & Details (NSE & BSE India) 2021

ABOUT IPO Date, Price, GMP, Review, Analysis & Details
Nazara Technologies IPO Subscription Status, Grey Market Premium & Allotment Status: Nazara Technologies IPO Date, Price, GMP, Review, Analysis & Details (NSE & BSE India) 2021 – 

Nazara Technologies is an India-based diversified gaming and sports media platform with 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.

Big Bull Rakesh Jhunjhunwala owned nearly 20 per cent stake in the company as of last March.

Nazara Technologies Shareholding Details:

It is a complete offer for sale by the existing selling shareholders— 12,67,435 equity shares by IIFL Special Opportunities Fund; 10,36,286 equity shares by IIFL Special Opportunities Fund-Series 4; 8,73,989 equity shares by IIFL Special Opportunities Fund-Series 5; 8,16,804 equity shares by IIFL Special Opportunities Fund-Series 2; 6,91,900 equity shares by Mitter Infotech LLP and 3,93,349 equity shares by IIFL Special Opportunities Fund-Series 3.

  • Westbridge Venture II Investments Holding = 22.28%
  • Rakesh Jhunjhunwala =11.99%
  • IIFL Special Opportunity Fund = 6.36%
  • IIFL Special Opportunity Fund-Series 4 = 5.2%
  • IIFL Special Opportunity Fund 5 = 4.41%
  • IIFL Special Opportunity Fund-Series 2 = 4.10%
  • IIFL Special Opportunity Fund-Series 3 = 1.97%
  • Emerging Investments Limited = 2.21%
  • Turtle Entertainment GmbH = 1.76%
  • Manish Agarwal = 1.58

Company Financials:

Objects of the Issue:

Nazara Technologies IPO Objects of the Issue
  • To achieve the benefits of listing Equity Shares on the Stock Exchanges.
  • To carry out the sale of up to 5,294,392 Equity Shares by the Selling Shareholders

Competitive strengths

Key Things Before Investing in Nazara Technologies
  • One of the leading eSports companies in India.
  • Diversified business based on the geographical presence and gaming products.
  • Strong leadership backed by marquee investors.
  • Asset light business model.

Nazara Technologies IPO Registrar

Nazara Technologies IPO Registrar Details
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083Phone: +91-22-4918 6270
Email: nazara.ipo@linkintime.co.in
Websitehttp://www.linkintime.co.in

Company Contact Information

COMPANY CONTACT NUMBER & ADDRESS
Nazara Technologies Limited
51-57, Maker Chambers 3, Nariman Point
Mumbai 400 021Phone: +91 22 4033 0800
Email: cs@nazara.com
Websitehttps://www.nazara.com/

Nazara Technologies IPO Subscription FAQs:

When Nazara Technologies IPO will open?

The Nazara Technologies IPO opens on Mar 17, 2021, and closes on Mar 19, 2021.

When Nazara Technologies IPO will open for QIB, NII, and Retail?

The IPO is to open on 17 March 2021 for QIB, NII, and Retail Investors.

How to Apply the Nazara Technologies IPO?

You can apply Nazara Technologies IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Nazara Technologies IPO through Zerodha?

Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Nazara Technologies”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

What is Nazara Technologies IPO Size?

Nazara Technologies IPO size is ₹546.70 crores.

What is Nazara Technologies IPO Price Band?

Nazara Technologies IPO Price Band is ₹1100 – ₹1101.

What is Nazara Technologies IPO Minimum and Maximum Lot Size?

The minimum bid is 13 Shares with ₹14313 amount while maximum bid is 169 shares with ₹186069.

How to subscribe Nazara Technologies?

You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.

When Nazara Technologies IPO Subscription will start?

The IPO subscription starts on 08 March 2021 for QIB, NII, and Retail Investors.

How to check Nazara Technologies allotment status?

The finalization of Basis of Allotment for Nazara Technologies IPO will be done on Mar 24, 2021, and the allotted shares will be credited to your demat account by Mar 26, 2021. Check the Nazara Technologies IPO allotment status.

What is Nazara Technologies IPO Allotment Date?

Nazara Technologies IPO allotment date is 24 March 2021.

What is Nazara Technologies IPO Listing Date?

Nazara Technologies IPO listing date is 30 March 2021. The IPO to list on BSE and NSE.

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