It is one of the leading mobile games company headquartered in Mumbai, which is engaged in the acquisition of, value addition to and distribution, of mobile games across emerging markets such as India, Middle East, Africa, South East Asia and Latin America.
The Company operations comprise of a Subscription business, Freemium business, and Esports business.
The Company independent subsidiaries are Next Wave Multimedia, NODWIN GAMING and their investee companies include Hashcube Inc., Mastermind Sports Limited, Moonglabs Technologies Private Limited and HalaPlay Technologies Private Limited.
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. Telecom companies offer gaming subscriptions to their subscriber base, which focussed on offering easy to play games. To address the low propensity to pay, the subscription services were offered through sachet pricing, with daily, weekly and monthly subscriptions and payment were collected by the Telecom carriers and they shared on average 50% revenue to the service providers like Nazara.
b) Freemium: Under this model, the company develops popular games and upload them on play and app store, from where it can be easily downloaded for free by mobile users. Users while using these games come across ads. These ads are the revenue source for Nazara Tech. So more popular the game, the more will be the revenue.
c) Play and Win: These are skill-based games where players compete against other players and win cash. The subscribers pay for playing games. This is how Nazara Tech earns revenue. Ex: sports fantasy
d) E-Sports or Competitive gaming:  Under this model, amateur players watch the live stream of the match being played by the professional players on OTT platforms & listen to live commentary. This is a very new concept. Let us understand this in detail. We all watch a live cricket match on TV or OTT platforms like Hotstar. The company like Star Sports buys live streaming rights of a cricket match from the company/board who is organizing cricket. This is how the company/board who is organizing cricket earns revenue. Star Sports then earn from ads etc. Now imagine, a game like PUBG, played by professionals in the indoor stadium and live streaming is shown on television or the OTT platform. Imagine you are sitting at home watching live games. 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 Tech is aiming to make a battery of these games which can be played by professionals. eSports is the fastest growing sports entertainment format among competitive gamers and Nazara has over 80% share of the Indian market through its majority stake in Nodwin.
Key Strengths and Growth in Future:
a) The company believes their ability to understand local gamer behavior in designing games and innovatively incorporating local, licensed, intellectual property to drive the growth of our network of games is one of our key strengths.
b) Their localized gamer insights are reflected in the popularity of some of their mobile games on the Google Play Store, such as, ‘World Cricket Championship 2’, ‘Chhota Bheem Race’, and ‘Motu Patlu Game’.
c) They believe that Nodwin Gaming is one of the leading enablers in the Indian Esports market with a first-mover advantage. In addition to hosting and managing IP based gaming events such as the ESL India Premiership and Dew Arena by ESL, Nodwin Gaming also partners with other brands to create multiple gaming events intellectual properties in India, such as Mountain Dew Arena, Indian Gaming Show and Asus ROG Masters.
arc01y2k
What’s the current price?
Market Wizard
Gaming has been in the focus of late, especially after Mumbai-based fantasy gaming startup Dream11 became a unicorn (achieved a valuation of $1 billion) after it raised a $100 million round led by Steadview Capital.
Before that, the Bengaluru-based Mobile Premier League (MPL) raised $35.5 million from Sequoia Capital, GoVentures, and Times Internet.
Market Wizard
Subsidiaries of the Nazara Technologies:
1. Nextwave Multimedia- #1 Cricket Mobile Game Globally
https://www.nextwavemultimedia.com/
2. Nodwin Gaming- #1 Esports company in emerging markets
http://nodwingaming.com/
3. Halaplay – #2 Sports Fantasy Platform
https://india.halaplay.com/home
4. Sports Unity- Real Money Social Quizzing
https://www.sportsunity.co/home
5. Sportskeeda – India’s largest destination for multisports content
https://www.sportskeeda.com/
6. Paper boat- India’s largest kids subscription product
https://www.kiddopia.com/
7. Crimzon Code- Leading developer for Quiz Games
https://www.crimzoncode.com/
girin rathva
What is Nodwin Gaming?
Nodwin Gaming Company had been acquired by Nazara Technology in the year 2017. It is the leading esports company in emerging markets. This has made a Nazara Technology to become India’s leading eSports company.
To know more about Nodwin and the events they organize please visit the following link:
http://nodwingaming.com/
Look and feel of eSports
https://www.youtube.com/results?search_query=%23Esports
Swami
What is the price at which this is available?
Market Wizard
Nazara Technology has bought majority stakes in Halaplay.
https://unlistedzone.com/nazara-bought-further-stakes-in-halaplay-16-06-2020/
Market Wizard
Adjournment of AGM which was supposed to be conducted on 03.03.2020 to 28.04.2020: https://unlistedzone.com/nazara-tech-to-conduct-agm-on-28-04-2020/
Market Wizard
EGM Notice of Nazara Technologies to be held on 30.03.2020
(https://dyvmwwyqozzzb.cloudfront.net/main/Nazara_EGM_Notice.pdf)
(i) The consent of the members be and is hereby accorded to offer and issue up to 201,020 equity shares of the face value of Rs. 4/- each at a premium of Rs. 724/- aggregating to Rs.14,63,42,560/-.
(ii) The price is based on the valuation report issued by registered valuer CA Harsh Chandrakant Ruparelia, Chartered Accountant.
(iii) As per the terms of the Share Purchase Agreement dated March 2, 2020, KAE Capital Fund II, Kalysta Capital Fund II (Mauritius), are getting Nazara Tech shares for a swap of Halaplay Technologies Private Limited (Halaplay).
HalaPlay is a Daily Fantasy Sports (DFS) platform that empowers serious and casual sports enthusiasts to play cash based quick, simple and interesting games. DFS is the shortest and quickest version of fantasy sports where users can create a team, enter leagues and win cash prizes at the end of every game. Yes! Every game! Now there is no need to wait for a season to get over to earn prizes.
Market Wizard
https://unlistedzone.com/nazara-tech-is-on-mojo-mode-and-acquiring-gaming-companies-to-increase-portfolio-03-12-2019/
Market Wizard
#StartupStreet |
NazaraGames wants to up the ante when it comes to geographical expansion.
JudeSannith24 caught up with manishdiesel, CEO of NazaraGames on #InvestorEye.
https://t.co/Vqc83zwzhF https://twitter.com/CNBCTV18News/status/1199342991866941452?s=20
Market Wizard
IPO News:
Game developer and publisher Nazara Technologies will launch its IPO in early 2020, founder Nitish Mittersain told Inc42 recently.
The launch of the company’s IPO will be preceded by the closing of multiple acquisition deals, Mittersain added. One of these acquisitions is that of a sports media platform Sportskeeda, officially announced recently.
The company had earlier planned to launch its IPO in 2018 but later decided to postpone the plans because of the market slump, according to Nitin.
Market Wizard
(i) Nazara Technologies Ltd a leading global interactive gaming and digital sports media company has signed an Investment Agreement with Paper Boat Apps and its promoters on 11th October 2019 for investment up to Rs. 83.5 Crores in Paper Boat Apps, a Mumbai based indie studio.
(ii) The company intends to acquire a majority stake of 51% at a pre-money valuation of Rs. 154 Crores. The said acquisition is subject to the approval of shareholders at the General meeting of the Company. Paper Boat Apps is the creator and publisher of Kiddopia, an award-winning, subscription-based preschool edutainment app. The aforesaid acquisition is a part of a series of strategic investments made by the Company in various gaming Companies in order to expand the business inorganically and create value for the investors.
(iii) Further, the company believes that Kiddopia will address the concern where young children are found to consume digital content through their parent’s devices. Kiddopia offers a positive alternative while bringing high-quality, curated educational content packaged within an entertaining framework that keeps both kids healthy, and parents happy. Kiddopia will be leveraged to over 100 million users through the Nazara network.
Kiddopia Company Information Kiddopia offers a wide array of interactive games and activities that foster cognitive development, self-expression and also social-emotional learning. Till date, the app has been downloaded by more than 2.5 million parents around the world and has over 100,000 active subscribers. The break-even period is 7 months for a customer.
(iv) The company has grown 5x in the last 2 years and received immense recognition, awards and fame. Kiddopia has been awarded the Tilly-Wig Brain Child Award, Parents Choice Award, the National Parenting Product Award and many more. Kiddopia is completely ad-free and adheres to the highest standards of privacy and kid’s safety.
Eranna
I would like to buy this with small amount
Market Wizard
How much quantity do you want to buy? Please drop an email at sales@unlistedzone.com or watsapp at 08010009625. Our team will guide you with all the formalities.
Market Wizard
The company has issued an interim dividend of Rs 151/- per share paid for the financial year ended
March 31, 2018
UZAdmin
List of Shareholders as on 31.01.2018 of Nazara’s Technologies( Total Equity Shares= 26,972,619)
A) Biggest Public Shareholder
(i) Rakesh Jhunjhunwal= 12.21%
(ii) IIFL Fund= 22.1%
(iii) Westbridge Ventures II Investment Holdings= 22.69%
B) Promoter’s Holding( No. of Equity Shares=7492510) which is equivalent of 27.7%.
UZAdmin
13-Dec-2017 – Economic Times-News:
(i) Ace investor Rakesh Jhunjhunwala has picked up a stake in gaming company Nazara Technologies for Rs 180 crore in his first bet on India’s digital space. Nazara owns popular titles like Chhota Bheem and Virat Cricket. The investment in Nazara helped the Mumbai-based company raise Rs 540 crore in the past three weeks.
(ii) Jhunjhunwala has earlier flagged concerns about business models and valuations of Indian e-commerce and digital companies like Flipkart saying they need to be built with their own cash flows. What attracted him to Nazara is sustained profitability and the long-term potential of the gaming space.
(iii) As per Jhunjhunwala, I am always on the lookout for promising companies which are leaders in high-growth verticals. Nazara has a consistent track record of delivering profits, cash flows, along with efficient use of capital and high RoE.
(iv) For Nazara, the development comes after it raised Rs 330 crore from IIFL Special Opportunities Fund last month.
Ramesh
What is the price of each share when he bought
Market Wizard
I think it was around 550.