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    NAZARA TECHNOLOGIES LTD.

    25 April 2025 | 12:00

    Industry >> Digital Entertainment

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    ISIN No INE418L01021 BSE Code / NSE Code 543280 / NAZARA Book Value (Rs.) 216.20 Face Value 4.00
    Bookclosure 27/06/2022 52Week High 1117 EPS 6.46 P/E 154.94
    Market Cap. 8764.69 Cr. 52Week Low 592 P/BV / Div Yield (%) 4.63 / 0.00 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    The Company was originally incorporated as `Nazara.Com Private Limited' on December 8, 1999 at Mumbai, Maharashtra, India as a private limited company under the Companies Act, 1956, and was granted the certificate of incorporation by the RoC. Subsequently, the name of the Company was changed to Nazara Technologies Private Limited and a fresh certificate of incorporation consequent upon change of name was issued by the RoC on July 4, 2003. the Company was converted into a public limited company and the name of the Company was changed its name to `Nazara Technologies Limited'. A fresh certificate of incorporation was issued by the RoC on December 13, 2017. The change in name of the Company from Nazara.Com Private Limited to Nazara Technologies Private Limited was undertaken to align the name of the Company with the increase in the scope of the business operations.

    Major events and milestones of the Company :
    2004
    - Launched java games pay per download with BPL and Hutch
    - Signed an exclusive agreement with Sachin Tendulkar for three years

    2005
    - First round of investment by WestBridge
    - Signed an exclusive agreement with M.S. Dhoni

    2006
    - Commenced work with telecom operators such as Tata Teleservices Limited and Vodafone

    2007
    - Second round of investment from WestBridge
    - Commenced work with Bharti Airtel, one of the telecom partners

    2008
    - Signed an exclusive wireless content distribution agreement with Electronic Arts Asia Pacific Pte Ltd. to market, distribute, reproduce and sublicense its contents in India through specified distribution channels

    2009
    - Launched the subscription based `Games Club' model on Reliance Communications Infrastructure Limited

    2011
    - Commenced business operations in the Middle East and established an office in Dubai

    2013
    - Commenced business in Zambia, Uganda, Nigeria, Singapore, Mauritius and Kenya

    2015
    - Commenced the Freemium business in India
    - Signed licensing deal with Virat Kohli and Hrithik Roshan and executed exclusive licensing agreement for Chota Bheem*

    2017
    - Acquisition of 52.38% the paid-up equity share capital of Next Wave

    2018
    - Acquisition of 54.99% the paid-up equity share capital of Nodwin Gaming and launch of eSports business of the Company

    2019
    - Acquisition of 100.00% of the paid-up equity share capital of CrimzonCode
    - Acquisition of 62.53% of the paid -up equity share capital of Sports Unity
    - Acquisition of 63.90% of the paid-up equity share capital of Absolute Sports
    - Acquisition of control in Halaplay

    2020
    - Acquisition of 50.91% of the paid-up equity share capital of Paper Boat

    2021
    - Investment of Rs.1,000.00 million by Instant Growth Limited in the Company
    - Investment of Rs.1,098.46 million by Krafton, Inc. into Nodwin Gaming

    2019 -Gaming firm Nazara acquired Sportskeeda.

    2023 -Nazara Launched Game Publishing Division For Indian Game Developers.

    2024 -Nazara Technologies partners Government of Telangana to Launch Nazara AI Center of Excellence (CoE) -Nazara & Lysto sign LOI to launch The Growth Protocol. -Nazara announces five investments totalling INR 196 Crores to drive growth across Gaming and Entertainment. -Nazara integrates with ONDC Network to Launch "gCommerce" in India, Unlocking a new era of In-Game Monetization. -Nazara Technologies Approves Merger of its wholly owned subsidiary, Paperboat Apps.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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