Is Nazara Technologies IPO good or bad?
Nazara has a widespread presence both in terms of geography and product portfolio which offers strong growth visibility. The IPO is valued at 8.3 times on H1FY21 (annualised) price/ sales, which we believe is reasonable when compared to the newly listed technology stocks (Avg 13 times),” said Aditya Birla Money.
What is the business model of Nazara Technologies?
Nazara has diversified business models and comprise of Subscription, Freemium, eSports, Skill Based Gaming in India and Chance based Gaming business in Kenya, Africa. a) Subscription: Under this model, they depend upon telecom companies in India.
Can we buy nazara shares?
This is the new concept that is picking up with a lot of pace in India. The company like Nazara will organize such games and sell media rights to players like Star Sports and earn revenue….Nazara Technologies Unlisted Shares Details:
| Total Available Shares: | 200 |
|---|---|
| Face Value: | ₹ 4 Per Equity Share |
| ISIN: | INE418L01021 |
Who is the founder 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.
What is the product of Nazara Technologies?
Nazara has diversified business models and comprises of Subscription, Freemium, eSports, Skill-Based Gaming in India and Chance based Gaming business in Kenya, Africa. a) Subscription: Under this model, they depend upon telecom companies in India.
What is the value of Zomato IPO?
India’s leading food delivery company Zomato made a stellar debut on Dalal Street on July 23 as the stock opened at Rs 116 on the NSE, a 52.63 percent premium to its final offer price of Rs 76. The listing price on the Bombay Stock Exchange was at Rs 115, up 51.32 percent.