Is it worth investing in Nazara Technologies?

As per the stock market experts, Nazara Technologies shares are one of the portfolio stocks that one can look at even today for long-term investment. They said that online gaming company has strong business outlook and one can buy the counter in the range of ₹1680 to ₹1700.

What do Nazara Technologies do?

Nazara is a mobile gaming and sports media platform. In the financial year 2021, consolidated revenues stood at Rs454 crore.

Who is the owner of nazara?

Manish Agarwal
Nazara Technologies/CEO

What was IPO price of Nazara Technologies?

So, when Nazara Technologies IPO opened for subscription in March 2021, it received huge response from the bidders that helped the public issue list (on 30th march 2021) at around 79 per cent premium against the issue price of ₹1,101.

Who is Nitish Mittersain?

Nitish Mittersain is the Founder & Managing Director at Nazara Technologies . Additionally, Nitish Mittersain has had 1 past job as the CEO at Nazara Technologies .

Who owns Nazara Technologies?

Rakesh Jhunjhunwala
Nazara Technologies, India’s first listed gaming company that is backed by billionaire investor Rakesh Jhunjhunwala, has raised Rs 315 crore from marquee investors by issuing fresh equity to them.

Who is owner of nazara?

Nitish Mittersain
Nitish Mittersain, Founder and Managing Director of Nazara Technologies, says that one of the biggest advantages it has as the only listed online gaming company in India is that it allows them to offer listed equity to its partners enabling a big opportunity.

Who is the owner of nazara technology?

CEO Manish Agarwal talks about Nazara Technologies’ blockbuster public market debut in February and why India’s first publicly listed gaming company raised a Rs 315 crore war chest on October 6. Nazara Technologies chief executive Manish Agarwal has scale on his mind.

Is Jhunjhunwala a Sindhi?

Jhunjhunwala grew up in a Rajasthani family, in Bombay, where his father worked as a Commissioner of Income Tax. His surname indicates that his ancestors belonged to Jhunjhunu in Rajasthan. He graduated from Sydenham College and thereafter enrolled at the Institute of Chartered Accountants of India.

What is Nazara Technologies IPO all about?

NEW DELHI: Nazara Technologies, a mobile gaming company backed by ace investor Rakesh Jhunjhunwala, kick-started its IPO on Wednesday. The IPO is an offer for share (OFS) of 5.29 million shares being sold in the price band of Rs 1,100-1,101, representing a 16.7 per cent stake in the company.

How naznazara Technologies is growing its e-Sports Business?

Nazara Technologies is the only company in India to have rights over IP and assets across grassroots, regional, national and international e-sports. The company has market-first positions in India across sports simulation and e-sports. Its e-sports content business grew 60 per cent in FY20, and has expanded nine times in the last three years.

How much is the value of Maruti’s Rs 261 crore IPO?

Ahead of its IPO, the company allotted shares worth Rs 261 crore to 43 anchor investors at Rs 1,101 per piece. At the upper limit of the price band, the issue would garner Rs 582.91 crore from investors.