Nazara Technologies IPO 2021 | Nazara IPO GMP


Nazara Technologies IPO is open for subscription from 17th to 19th March 2021. The grey market premium (GMP) for Nazara Technologies is Rs. 750/share as of 13th March 2021. Nazara Technologies incorporated in 1999, is an India-based leading diversified gaming & sports media platform. Their goal is to cater to billion-plus mobile internet players across emerging markets like India, South East Asia, Middle East, Africa, and Latin America. To achieve this, the company is providing eSports content, interactive mobile games, and gamified early learning app. The company offers across the interactive gaming, eSports, and gamified early learning ecosystems which include CarromClash & World Cricket Championship (WCC) in mobile games, Kiddopia in gamified early learning, Sportskeeda & Nodwin in eSports & eSports media, and Halaplay & Qunami in fantasy, skill-based, and trivia games. The IPO size is approx 52.94 lakhs equity shares at a price band of Rs.1,100 to Rs.1,101 per equity share. The total issue size is Rs.583 crores. Shares are offered through offer for sale (OFS). there is no fresh issue. The minimum shares which should be applied for are 13 and the maximum is 169. The shares will be listed on 30th March 2021. To check the application status of Nazara Technologies IPO, one may log on to the registrar’s website or BSE.


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