Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

New Delhi, <keyword id="18648559" type="General" weightage="20" keywordseo="online-gaming-and-sports-company" source="Orion">Online gaming and sports company</keyword> Nazara Technologies on Monday said it plans to raise Rs 100 crore from <keyword id="18647120" type="General" weightage="20" keywordseo="Kamath-Associates" source="Orion">Kamath Associates</keyword> and <keyword id="18647121" type="General" weightage="20" keywordseo="NKSquared" source="Orion">NKSquared</keyword> to meet growth and funding requirements. In its board meeting held on September 4, Nazara approved a proposal for issuance of 7,00,280 preferential shares each to Kamath Associates and NKSquared valued at Rs 99.99 crore, a regulatory filing said. "Nikhil Kamath symbolizes success in India's tech arena, and this fund raise holds immense value for us at Nazara as we continue to build a diversified gaming platform in India. Beyond the funds raised, his investment stands as a resounding vote of confidence in Nazara," Nazara Technologies CEO Nitish Mittersain said in a statement. The funds will be used for making strategic acquisitions and investments in various companies, meeting growth and funding requirements of its subsidiaries, associates and joint ventures etc, the filing said. "Gaming in India is poised for strong growth in the years to come and Nazara has built a well-diversified, profitable gaming platform well suited to take advantage of opportunities in the years ahead. We look forward to supporting Nitish and his team in achieving their growth aspirations for Nazara," Kamath Associates and NKSquared partner Nikhil Kamath said.

Nazara Tech to raise Rs 100 cr from Kamath Associates, NKSquared

<ul><li><keyword id="125145" type="General" weightage="20" keywordseo="nazara-technologies" source="Orion">Nazara Technologies</keyword> is an India-based gaming and sports media platform.</li><li>Its latest investment is in a US-based company called Bitkraft, with the aim to tap into the company’s network to expand Nazara’s global presence.</li><li>Earlier, Nazara partnered with Vodafone Idea to offer its portfolio of mobile games to the telco’s 230 million strong base of subscribers.</li></ul>Rakesh Jhunjhunwala-backed Nazara Technologies has invested $2.5 million in a US-based game fund, Bitkraft Ventures. The investment has been made by Nazara Tech’s Singapore arm and two-thirds of the amount will be deployed over a period of three years. Nazara Tech’s shares rose by nearly 3% on Tuesday before cooling down later. Despite a recent rally, the gaming company’s shares are down by nearly 29% in 2022 so far. <div type="image" title="Nazara Tech 01_01_22 to 05_04_22." msid="90659666" hostid="261" caption="&amp;lt;p&amp;gt;Nazara Technologies&amp;#39; share price in 2022&amp;lt;/p&amp;gt;"></div> Apart from this, Nazara also <a href="https://www.businessinsider.in/business/telecom/news/vodafone-idea-partners-with-nazara-tech-to-foray-into-mobile-gaming/articleshow/90198674.cms">announced</a> a partnership with Vodafone Idea as it looks to push further into mobile gaming. At the time, Nazara’s founder and managing director, Nitish Mittersain said he sees gaming as not only the “future of entertainment”, but also the present. Now, the partnership with US-based Bitkraft allows Nazara to dip its toes into the gaming industry beyond India. Bitkraft is a US-based game fund that invests in the global e-sports ecosystem. “Over the course of the next few years, this investment will enable us to work towards realising our strategic vision of becoming the catalysts to empower the global gaming community and chart the next stage of growth in an increasingly connected and virtual world,” said Manish Agarwal, the chief executive officer of Nazara Technologies. <cmsannotation type="cmsannotation" annotationid="Complimenting its ‘Friends of Nazara’ network" comment="subhead" text="Complimenting its ‘Friends of Nazara’ network">Complimenting its ‘Friends of Nazara’ network</cmsannotation> Nazara has its own network called ‘Friends of Nazara’, which includes the likes of Kiddopia, Nodwin, Sportskeeda, World Cricket Championship 3, among others. Now, to compliment this, Nazara wants to tap into Bitkraft’s gaming network to further strengthen its Indian portfolio. “The partnership will help to increase the connectivity into the highly strategic Indian video games market. We have done multiple investments in the subcontinent and intend to do more in the future, in addition to supporting international investment to drive growth in India,” said Malte Barth, founding general partner at Bitkraft Ventures. According to a report by a research firm, Niko Partners, India is one of the fastest growing gaming markets in Asia, with a quarter of the gamers being Indians. In terms of revenue, the Indian gaming market is poised to grow three-fold to $1.5 billion by 2025, from $0.5 billion in 2021. In the same period, nearly 200 million new gamers are expected to join in, growing from the existing base of 340 million. <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9978225000000001pt;border-right:solid #000000 0.9978225000000001pt;border-bottom:solid #000000 0.9978225000000001pt;border-top:solid #000000 0.9978225000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Particulars </td><td style="border-left:solid #000000 0.9978225000000001pt;border-right:solid #000000 0.9978225000000001pt;border-bottom:solid #000000 0.9978225000000001pt;border-top:solid #000000 0.9978225000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2021 </td><td style="border-left:solid #000000 0.9978225000000001pt;border-right:solid #000000 0.9978225000000001pt;border-bottom:solid #000000 0.9978225000000001pt;border-top:solid #000000 0.9978225000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2025 projection </td></tr><tr><td style="border-left:solid #000000 0.9978225000000001pt;border-right:solid #000000 0.9978225000000001pt;border-bottom:solid #000000 0.9978225000000001pt;border-top:solid #000000 0.9978225000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Revenue </td><td style="border-left:solid #000000 0.9978225000000001pt;border-right:solid #000000 0.9978225000000001pt;border-bottom:solid #000000 0.9978225000000001pt;border-top:solid #000000 0.9978225000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$534 million </td><td style="border-left:solid #000000 0.9978225000000001pt;border-right:solid #000000 0.9978225000000001pt;border-bottom:solid #000000 0.9978225000000001pt;border-top:solid #000000 0.9978225000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$1,490 million </td></tr><tr><td style="border-left:solid #000000 0.9978225000000001pt;border-right:solid #000000 0.9978225000000001pt;border-bottom:solid #000000 0.9978225000000001pt;border-top:solid #000000 0.9978225000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">No. of gamers </td><td style="border-left:solid #000000 0.9978225000000001pt;border-right:solid #000000 0.9978225000000001pt;border-bottom:solid #000000 0.9978225000000001pt;border-top:solid #000000 0.9978225000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">340 million </td><td style="border-left:solid #000000 0.9978225000000001pt;border-right:solid #000000 0.9978225000000001pt;border-bottom:solid #000000 0.9978225000000001pt;border-top:solid #000000 0.9978225000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">529 million </td></tr></tbody><tbody></tbody><tbody></tbody><tbody></tbody></table> Source: Niko Partners SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/vodafone-idea-partners-with-nazara-tech-to-foray-into-mobile-gaming/articleshow/90198674.cms">Vodafone Idea partners with Rakesh Jhunjhunwala-backed Nazara Tech to foray into mobile gaming</a> <a href="https://www.businessinsider.in/tech/news/elon-musk-is-now-asking-if-people-want-an-edit-button-in-twitter/articleshow/90656209.cms">Elon Musk is now asking if people want an edit button after acquiring a 9.2% stake in Twitter</a> <a href="https://www.businessinsider.in/stock-market/news/sbi-cards-stock-falls-steeply-after-2-7-crore-shares-of-the-company-were-sold-in-a-block-deal/articleshow/90657796.cms">SBI Cards’ stock falls steeply after 2.7 crore shares of the company were sold in a block deal</a>

Rakesh Jhunjhunwala-backed Nazara Tech invests $2.5 million in US-based game fund Bitkraft as it looks to expand its presence beyond India

<ul><li><keyword id="1553175" type="General" weightage="20" keywordseo="vodafone-idea" source="Orion">Vodafone Idea</keyword> today announced the <keyword id="13378040" type="General" weightage="100" keywordseo="vi-games" source="Orion">Vi Games</keyword> service, in partnership with Rakesh Jhunjhunwala-backed Nazara Technologies.</li><li>The Vi Games service will include over 1,200 games across free and premium tiers.</li><li>Here’s everything you need to know about the new Vi Games service.</li></ul>Vodafone Idea today announced a partnership with Rakesh Jhunjhunwala-backed Nazara Technologies, launching a new service called Vi Games. This new gaming service will offer over 1,200 games to Vodafone Idea subscribers across free and premium tiers. As of 1:20 p.m., Vodafone Idea’s share price was down 0.5%, while <keyword id="6741549" type="General" weightage="20" keywordseo="nazara-tech" source="Orion">Nazara Tech</keyword>’s share price was down by 1.5%, likely owing to market volatilities. Making the announcement, Vodafone Idea’s chief marketing officer, Avneesh Khosla, said, “We are seeing a significant uptake of gaming consumption in India with more than 95% of gaming enthusiasts using the mobile device to enjoy a wide variety of content.” “We see gaming as a major focus area of our digital content strategy and we intend to build a comprehensive play encompassing most facets of gaming with the aim of establishing Vi as a preferred destination for both, casual as well as serious gamers,” he added, stating that the games will be available on the Vi app on Android. <cmsannotation type="cmsannotation" annotationid="Here's what users will get with Vi Games" comment="subhead" text="Here's what users will get with Vi Games">Here's what users will get with Vi Games</cmsannotation> The Vi Games service will include both native Android as well HTML5-based games. Vodafone Idea has divided Vi Games into three categories – Gold, Platinum and Free. <ul><li>Gold Games to include the largest library of games across the three categories, with the Gold Pass priced at ₹50 for postpaid users, and ₹56 for prepaid users, with 30-day validity.</li><li>Platinum Games, accessible on a pay-per-download basis, with the Platinum Pass priced at ₹25 for postpaid and ₹26 for prepaid users.</li><li>Free Games to include over 250 games, available for free for all Vodafone Idea subscribers.</li></ul><cmsannotation type="cmsannotation" annotationid="Will mobile games help Vodafone Idea stem its subscriber churn?" comment="subhead" text="Will mobile games help Vodafone Idea stem its subscriber churn?">Will mobile games help Vodafone Idea stem its subscriber churn?</cmsannotation> Vodafone Idea’s partnership with Nazara comes at a time when the telco is struggling to retain subscribers – it has lost over 67 million subscribers since January 2020, and this has <a href="https://www.businessinsider.in/business/telecom/news/vodafone-idea-says-another-tariff-hike-is-coming-even-as-it-continues-to-lose-subscribers/articleshow/89107077.cms">reflected</a> in its numbers, too, in terms of revenue, profit and the average revenue per user (ARPU), too. <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Particulars </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Dec-21 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Dec-20 </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Revenue </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹9,717 crore </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹10,894 crore </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Net loss </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹7,231 crore </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹4,532 crore </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">ARPU </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹115 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹121 </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Subscribers </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">24.72 crore </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">26.98 crore </td></tr></tbody><tbody></tbody></table> Source: Company reports It remains to be seen if the Vi Games value-added service will help Vodafone Idea slow down the subscriber churn. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/vodafone-idea-news-board-approves-14500-crore-fundraising-plan/articleshow/89983243.cms">Even a big fundraise is not helping Vodafone investors as Russia-Ukraine conflict takes the wind out of global markets</a> <a href="https://www.businessinsider.in/business/telecom/news/mukesh-ambanis-reliance-jio-loses-13-million-subscribers-its-second-largest-fall-so-far/articleshow/89644193.cms">Reliance Jio gets its second big jolt on its path to 500 million subscribers</a> <a href="https://www.businessinsider.in/business/telecom/news/vodafone-idea-says-another-tariff-hike-is-coming-even-as-it-continues-to-lose-subscribers/articleshow/89107077.cms">Vodafone Idea says another tariff hike is coming even as it continues to lose subscribers</a>

Vodafone Idea partners with Rakesh Jhunjhunwala-backed Nazara Tech to foray into mobile gaming

<ul><li>The company’s shares had been subscribed 175.43 times by the end of its last day of subscription.</li><li>Nazara is the first pure play gaming company in India to head for the public markets.</li><li>Nazara holds the licenced mobile gaming rights of popular cartoon characters like Chhota Bheem, Motu Patlu and Shikari Shambhu.</li></ul>All eyes were on <keyword id="125145" type="COMPANY" weightage="20" keywordseo="Nazara-Technologies">Nazara Technologies</keyword> today, as it got listed on the stock exchange. The Indian gaming and sports media company saw its shares list at ₹1990 – a jump by 80.7%. The shares were trading at ₹1819 at 10.08 am. However, by the end of the day the shares were trading at ₹1576. Nazara’s strong listing saw its first hint in the grey market premium – where it was <a href="https://economictimes.indiatimes.com/markets/ipos/fpos/nazara-grey-market-premium-at-71-hints-at-strong-listing/articleshow/81743818.cms">trading</a> at 71% of its issue price of ₹1101. However, the grey market is not an official measure of the market premium. The company’s shares had been <a href="https://www.businessinsider.in/stock-market/news/nazara-technologies-ipo-subscribed-by-175-times/articleshow/81588602.cms">subscribed 175.43</a> times by the end of its last day of subscription. It received bids for 51.20 crore equity shares against the issue size of 29.20 lakh equity shares. Nazara was the first pure play gaming company in India to head for the public markets, and had also garnered a lot of market interest as it is also backed by ace stock market expert Rakesh Jhunjhunwaala. Nazara holds the licenced mobile gaming rights of popular cartoon characters like Chhota Bheem, Motu Patlu and Shikari Shambhu. And it is the company’s stronghold in the booming gaming industry that has got a lot of <a href="https://www.businessinsider.in/stock-market/news/nazara-technologies-ipo-opens-today-should-you-subscribe/articleshow/81542657.cms">attention</a> from investors. According to a report by ICICI Direct, the gaming industry in India is currently valued at $ 1.54 billion and is expected to grow at a CAGR of 31% to $ 3.53 billion by 2023. And Nazara is well positioned to lead the growth. The gaming company’s deep presence in India and abroad has also been working in its favour. In an earlier interview with <a href="https://www.businessinsider.in/stock-market/news/ahead-of-nazara-technologies-ipo-the-ceo-says-its-public-listing-will-put-indian-gaming-on-the-world-map/articleshow/81533128.cms">Business Insider</a>, Nazara’s chief executive officer Manish Agarwal had said that the company understood the Indian market and gaming mindset to develop content accordingly. And analysts agree that this gives the company an advantage. “The company has an operating leverage advantage in gamified early learning on account of captive development of content being undertaken in India, while generating revenues inter alia from North America. Further, its leadership in eSports and sports simulation and geographical reach across India, Middle East, Africa and North America provide a strong foundation for growth,” said the ICICI Direct report. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/ahead-of-nazara-technologies-ipo-the-ceo-says-its-public-listing-will-put-indian-gaming-on-the-world-map/articleshow/81533128.cms">Ahead of Nazara Technologies’ IPO, the CEO says its public listing will put Indian gaming on the world map</a>

Nazara Technologies sees a blockbuster listing – shares list at 81% premium

<ul><li>The ₹583 crore initial public offering (IPO) of Nazara Technologies was subscribed 175.43 times by the end of its last day of subscription.</li><li>The company received bids for 51.2 crore equity shares against the issue size of 29.2 lakh equity shares.</li><li>The company is likely to announce its share allotment status on March 24.</li></ul>Indian gaming and media company Nazara Technologies’ IPO has garnered a lot of interest amongst investors. The company is likely to announce its share allotment status today (March 24). The ₹583 crore initial public offering (IPO) of Nazara Technologies was subscribed 175.43 times by the end of its last day of subscription. The company received bids for 51.2 crore equity shares against the issue size of 29.2 lakh equity shares. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Category </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Subscription Status </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Qualified Institutional Buyers </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">103.77 times </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Non-institutional </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">389.89 times </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Retail individual </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">75.13 times </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Employees </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">7.53 times </td></tr></tbody></table> The shares of the company are expected to list on March 30, 2021. Analysts too seem excited about the opportunity Nazara, backed by ace stock market expert Rakesh Jhunjhunwala, brings to the market. “Favourable macroeconomic and demographic drivers, growth in adoption of gaming and online learning and improvement in digital payment and tech infrastructure in India provides a great opportunity for growth of the company,” said a report by ICICI Direct. Here’s how you can check the share allotment status <ul><li>To check on the stock-exchange website:</li><li>To check <keyword id="10980232" type="UNKNOWN" weightage="20" keywordseo="nazara-technologies-ipo-allotment">Nazara Technologies IPO allotment</keyword> status, go to the <a href="https://www.bseindia.com/investors/appli_check.aspx">BSE website</a> or NSE website<a href="https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp"> here</a>.</li><li>On BSE, Select 'Equity' and then from the dropdown, select 'Nazara Technologies'.</li><li>Now, enter your application number and PAN.</li><li>Click on 'Search'.</li></ul>Please note the details will only be available once the shares are allotted. You can also visit the registrar website (Link Intime India) to check your application status. <ul><li>Visit the registrar's website <a href="https://linkintime.co.in/MIPO/Ipoallotment.html">here</a>.</li><li>Click on 'Select company' and click on 'Nazara Technologies'. It will only appear post allotment on March 24.</li><li>Once the company is selected, you will have to enter either your PAN detail, the application number, or the client ID.</li><li>Enter the captcha and click 'submit'.</li></ul>Once you hit 'submit', the status of your application will appear on the screen. Please ensure the details that you provide are correct. It will show the number of shares you subscribed to and the number of shares allotted to you.

Nazara Technologies IPO – Here’s how you can check the share allotment status

<ul><li>Nazara was the first pure play gaming company in India to head for the public markets, and had also garnered a lot of market interest for the same.</li><li>The company received bids for 51.2 crore equity shares against the issue size of 29.2 lakh equity shares.</li><li>The basis of allotment for the IPO will be announced on March 24, 2021 while its shares will list by March 30, 2021.</li></ul>The ₹583 crore initial public offering (IPO) of Indian gaming and sports media company Nazara Technologies was subscribed 175.43 times by the end of its last day of subscription. The company received <a href="https://www.moneycontrol.com/news/business/ipo/rakesh-jhunjhunwala-backed-nazara-technologies-ipo-subscribed-12-times-on-final-day-6666301.html">bids</a> for 51.20 crore equity shares against the issue size of 29.20 lakh equity shares. The basis of allotment for the IPO will be announced on March 24, 2021 while its shares will list by March 30, 2021. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Category </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Subscription Status </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Qualified Institutional Buyers </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">103.77 times </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Non-institutional </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">389.89 times </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Retail individual </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">75.13 times </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Employees </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">7.53 times </td></tr></tbody></table> Nazara was the first pure play gaming company in India to head for the public markets, and had also garnered a lot of market interest for the same. Nazara holds the licenced mobile gaming rights of popular cartoon characters like Chhota Bheem, Motu Patlu and Shikari Shambhu. It also helps that the company is backed by ace stock market guru Rakesh Jhunjhunwaala. The stock market expert holds 11.38% shares in the company. Analysts too have been bullish about the technology company’s market debut and the potential in the Indian gaming industry. “The gaming industry is set to witness over 30% CAGR (compound annual growth rate) over 2020-2023 (estimated) on the back of high mobile penetration, increasing internet penetration and increasing number of gamers. Nazara has a widespread presence both in terms of geography and product portfolio which offers strong growth visibility,” said a report by Aditya Birla Capital. The 22-year old company founded by Nitish Mittersain also has its strong financials working in favour of it. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Year </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Revenue </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Profit/Loss </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">FY2018 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹181.9 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹1.02 crore </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">FY2019 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹186 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹6.7 crore </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">FY2020 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹262.1 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-₹26.6 crore </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Six months ended September 2020 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹207.06 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-₹10.1 crore </td></tr></tbody></table> In the last two years, the company has also invested $50 million into startups to expand its presence across gamified e-learning, esports, freemium games and more. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/future-retail-shares-take-a-massive-hit-as-it-loses-the-case-against-amazon-in-delhi-high-court/articleshow/81583165.cms">Future Retail shares take a massive hit as it loses the case against Amazon in Delhi High Court</a> <a href="https://www.businessinsider.in/stock-market/news/easemytrip-ipo-listing-price-at-13-5-premium/articleshow/81581828.cms">EaseMyTrip lists at 13.5% premium – but gives up some of the listing gains soon after</a>

Rakesh Jhunjhunwaala-backed Nazara Technologies IPO subscribed by 175 times

<ul><li>The 22-year old company’s ₹583 crore initial public offering (IPO) issue opens today, where the company will sell 58.9 lakh shares.</li><li>Rakesh Jhunjhunwala-backed Nazara will sell its shares in the price band of ₹1100-1101 per share.</li><li>Here’s why analysts are bullish about the company’s market debut.</li></ul>Gaming and sports media company Nazara Technologies heads for the public markets today. The 22-year old company’s ₹583 crore initial public offering (IPO) issue opens today, where the company will sell 58.9 lakh shares. The hype around the company is real as it rides on the digital excitement in the public markets, and of course, also because it is backed by ace stock market guru Rakesh Jhunjhunwaala. The stock market expert holds 11.38% shares in the company, and is not selling them with the IPO. And analysts are all bullish about the company’s public market debut. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-right:solid #000000 0.99609pt;border-bottom:solid #000000 0.99609pt;border-top:solid #000000 0.99609pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Name of Broking House </td><td style="border-left:solid #000000 0.99609pt;border-right:solid #000000 0.99609pt;border-bottom:solid #000000 0.99609pt;border-top:solid #000000 0.99609pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Recommendation </td></tr><tr><td style="border-right:solid #000000 0.99609pt;border-bottom:solid #000000 0.99609pt;border-top:solid #000000 0.99609pt;vertical-align:top;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Aditya Birla Capital </td><td style="border-left:solid #000000 0.99609pt;border-right:solid #000000 0.99609pt;border-bottom:solid #000000 0.99609pt;border-top:solid #000000 0.99609pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr><tr><td style="border-right:solid #000000 0.99609pt;border-bottom:solid #000000 0.99609pt;border-top:solid #000000 0.99609pt;vertical-align:top;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Angel Broking </td><td style="border-left:solid #000000 0.99609pt;border-right:solid #000000 0.99609pt;border-bottom:solid #000000 0.99609pt;border-top:solid #000000 0.99609pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr><tr><td style="border-right:solid #000000 0.99609pt;border-bottom:solid #000000 0.99609pt;border-top:solid #000000 0.99609pt;vertical-align:top;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">BP Equities </td><td style="border-left:solid #000000 0.99609pt;border-right:solid #000000 0.99609pt;border-bottom:solid #000000 0.99609pt;border-top:solid #000000 0.99609pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr><tr><td style="border-right:solid #000000 0.99609pt;border-bottom:solid #000000 0.99609pt;border-top:solid #000000 0.99609pt;vertical-align:top;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">GEPL </td><td style="border-left:solid #000000 0.99609pt;border-right:solid #000000 0.99609pt;border-bottom:solid #000000 0.99609pt;border-top:solid #000000 0.99609pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr><tr><td style="border-right:solid #000000 0.99609pt;border-bottom:solid #000000 0.99609pt;border-top:solid #000000 0.99609pt;vertical-align:top;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Kotak Securities </td><td style="border-left:solid #000000 0.99609pt;border-right:solid #000000 0.99609pt;border-bottom:solid #000000 0.99609pt;border-top:solid #000000 0.99609pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Not Rated </td></tr></tbody></table> <cmsannotation type="cmsannotation" annotationid="Nazara eyes India’s vast internet market" comment="subhead" text="Nazara eyes India’s vast internet market">Nazara eyes India’s vast internet market</cmsannotation> Nazara is betting on India’s big and burgeoning internet ecosystem. In an interview with Business Insider, the company’s chief executive officer Manish Agarwal said that the IPO is a huge milestone in their goal of being one of the top 5 global gaming companies. For youngsters in India, 14-25 year olds, gaming is becoming the go-to entertainment and that will drive growth. “It’s different from people like us for whom movies were the source of entertainment – that’s a big shift, which makes gaming in India a very attractive market,” he said. And analysts agree. “The gaming industry is set to witness over 30% CAGR (compound annual growth rate) over 2020-2023 (estimated) on the back of high mobile penetration, increasing internet penetration and increasing number of gamers. Nazara has a widespread presence both in terms of geography and product portfolio which offers strong growth visibility,” said a report by Aditya Birla Capital. <cmsannotation type="cmsannotation" annotationid="Strong growth performance so far – losses can be managed" comment="subhead" text="Strong growth performance so far – losses can be managed">Strong growth performance so far – losses can be managed</cmsannotation> The company has reported strong year-on-year revenue growth, which analysts say adds to its credentials. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Year </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Revenue </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Profit/Loss </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">FY2018 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹181.9 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹1.02 crore </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">FY2019 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹186 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹6.7 crore </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">FY2020 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹262.1 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-₹26.6 crore </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Six months ended September 2020 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹207.06 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-₹10.1 crore </td></tr></tbody></table> The company’s foray into new categories and acquisitions of startups in the sectors like gamified e-learning, sports media and more, have also hurt the company’s profit and loss statements, but analysts don’t seem to mind the same. “The company has been reporting losses as they have increased their spending significantly on advertising and promotion from FY2020 onwards which will help drive strong topline growth for the company,” said analysts at Angel Broking. Analysts at GEPL capital agree as they said that while the growth has come at the expense of EBITDA (earnings before interest, taxes, depreciation, and amortisation) margins and return ratios, the pivot was an essential strategy to foray into diverse lucrative opportunities, leveraging an ecosystem of partners and creating business moats. “All these acquisitions were funded through internal accruals. As the synergies and growth from these investments kick in, the margin profile and consequently return ratios will return back to a path of steady growth,” said the GEPL capital report. Nazara’s CEO Agarwal told Business Insider that their growth has come from their fundamental knowledge of the Indian gaming market and knowledge of the consumer trends. It also helps that Nazara holds the licenced mobile gaming rights of popular cartoon characters like Chhota Bheem, Motu Patlu and Shikari Shambhu. “A key factor to its success is the local knowledge, presence and focus on addressing the specific and unique opportunities and challenges in the regions it operates in. The Indian Gen-Z and millennial population form a significant portion of the gaming user-base, and companies including the company, have capitalised on the ever-growing interest of this population segment in sports and eSports through popular and relatable content,” said analysts at Kotak Securities. <cmsannotation type="cmsannotation" annotationid="Global presence another plus point for Nazara" comment="subhead" text="Global presence another plus point for Nazara">Global presence another plus point for Nazara</cmsannotation> Nazara’s presence across geographies also helps in its business potential, even as 41% of its revenue comes from India. It has established itself in 64 countries across Africa, Middle East, South East Asia, and the Indian subcontinent. “The company believes that expanding its offerings footprint to heterogeneous cohorts of gamers will further deepen its competitive moats to defend and grow its strong market position. Considering its leading position in the mobile gaming industry in India with a presence across emerging and developing countries and ongoing positive sentiments for new IPOs in the current scenario. We believe a decent listing gain is possible,” said analysts at BP Wealth.

You Searched For "Nazara" and got 9 results

Nazara Tech to raise Rs 100 cr from Kamath Associates, NKSquared

PTI

Rakesh Jhunjhunwala-backed Nazara Tech invests $2.5 million in US-based game fund Bitkraft as it looks to expand its presence beyond India

Rounak Jain

Vodafone Idea partners with Rakesh Jhunjhunwala-backed Nazara Tech to foray into mobile gaming

Rounak Jain

Nazara Technologies sees a blockbuster listing – shares list at 81% premium

Sanchita Dash

Nazara Technologies IPO – Here’s how you can check the share allotment status

Sanchita Dash

Rakesh Jhunjhunwaala-backed Nazara Technologies IPO subscribed by 175 times

Sanchita Dash

Nazara Technologies will be the first pure-play gaming company to debut on the Indian public markets – analysts are all in for it

Sanchita Dash

HCL Tech, Tata Motors and Nazara Technologies are the top stocks to watch out for on December 9

Bhakti Makwana

Ahead of Nazara Technologies’ IPO, the CEO says its public listing will put Indian gaming on the world map

Sanchita Dash

Popular Keywords

Buying Guides