PARTICULARS Mar 2017 Mar 2018 Mar 2019 . Nitish Mittersain. "We see huge potential to grow the overall mobile gaming business while providing maximum value to the end consumers. Mr. Vikash Mittersain (Designation: Chairman and Managing Director) . New Delhi/Mumbai (Maharashtra) [India], April 9 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised Nazara Technologies Limited (Nazara/Company) and its promoters, Vikash Mittersain, Nitish Mittersain and Mitter Infotech LLP, on its . * Other Non-current Liabilities include Net deferred Liabilities. global; news; ch; se; dk; no; nl; be; uk; de; fr; fi; it; at; es; pt; pl; ie; gr; cz; tr; ae; ca; jp . new delhi: moeving, the largest full stack mobility platform in india announced today that they have secured funding of another usd 5 million in addition to its seed funding of usd 5 million announced in december 2021 from beyondteq, a uae based venture capital firm, gcc family offices, strides one, tradecred, n+1 capital, nitish mittersain and … MA. Nitish Mittersain has made 13 investments. Financial Planning Advisory. The firm said that it will use . The acquisition was done at a pre-money valuation of Rs 154 crore, Nazara said. FII/FPI have decreased holdings from 11.10% to 10.35% in Mar 2022 qtr. Nazara Tech acquires majority stake in Sportskeeda Flashpoint Jan. 16, 2022: Interview with Dr. Natasha Bagdasarian | Detroit News Oakland News Now - Oakland News, SF Bay Area, East Bay, California, World https://www . Media reports in September suggested that Nazara would offload stake worth Rs 1,000 crore through its IPO. The number of gamers should reach 440 million by 2022,.. Today we are publishing our 2021 Crypto Fundraising Report. Agnico Eagle Mines to acquire TMAC Resources for $225m. His comments come as Delta Corp revealed it would have recorded positive EBITDA in Q2 2020 but for an US$3.1 million casino license fee, despite recording zero casino revenue for the quarter due to the COVID-19 . The funding and investors details of Nazara are as follows - Indian Startups - Funding & Investors Data [April 2021 Updated] But Nitish had different interests. Fuel delivery firm Booster raises $125 mln in late-stage funding. Return on Net Worth (RoNW) Net Asset Value (NAV) (-0.77) NA (-0.46%) 165.54: Also Read: Questions to Ask Before You Buy a Stock? It is a diversified gaming and sports media platform with presence in India and . The minimum order quantity is 13 Shares. Cyril Amarchand Mangaldas advised Nazara Technologies Limited (Nazara/Company) and its promoters, Vikash Mittersain, Nitish Mittersain and Mitter Infotech LLP, on its recently concluded Initial Public Offer (IPO). Cash Flows (All Figures are in Crores.) Promoters holding remains unchanged at 19.32% in Mar 2022 qtr. Cyril Amarchand Mangaldas advises Nazara Technologies and its promoters on the first online gaming company IPO in India. Joint Managing Director. Our database tracks more than 4300+ active crypto investors (including funds, DAO's, Labs, and angels). Cyril Amarchand Mangaldas advises Nazara Technologies and its promoters on the first online gaming company IPO in India. "We are excited to onboard Plutus as a long term investor in Nazara.I am glad that we have been able to deliver a great return to WestBridge who backed us early on in 2005," he added. 24 crore) with master blaster Sachin Tendulkar which was dubbed as the biggest mobile content licence in Asia at the time. As of 2020, his biggest investment is in Titan Company which is worth ₹4,758 Crores (approx. Other Products . Return on Net Worth: 18-19 4.23 % Return on Net Worth: 19-20 (o.49) % Return on Net Worth: 20-21,6M : (1.04) % Upper Price Band/last EPS: NIL Upper offer price/Book Value Ratio: ? Last month, the CEO Manish Agarwal said a combination of acquisitions and growth helped Nazara grow in recent years. Nitish Mittersain was a Business Administration graduate from Sydenham College of Arts and economics & belonged to a Marwari business family with a successful textile business. VIKASH MITTERSAIN, NITISH MITTERSAIN AND MITTER INFOTECH LLP. Nitish Mittersain is the founder of Nazara technologies which dramatically support diversifying gaming as well sports. The firm, backed by investor Rakesh Jhunjhunwala, posted a 9.8% increase in consolidated net profit at ₹14.5 crore for the Sep-tember quarter. Bahrain's largest telco Bahrain Telecommunication Company (Batelco) has partnered with the mobile games company Nazara Technologies* to launch a new subscription-based gaming portal called . He is the joint Managing Director of Nazara. In a voting ballot on June 9, the promoters . The company has reserved up to Rs 2 crore worth of shares for its employees. . UPI IPO application is . Started by Nitish Mittersain in 2000, Nazara at present boasts of having a presence . So, celebrity e-sportsmen Dynamo, MortaL, and the very famous CarryMinati, today have net-worth between Rs 14 and Rs 22 crore, with YouTube followers of up to 26 million. Moong Labs Technologies Private Limited. . Vikash Mittersain, Nitish Mittersain, and Mitter Infotech LLP is the company promoters. The founder Nitish Mittersain started this company by borrowing Rs 3 crore from his friends and family to start this company and it now operates in 52 countries. Top Highlights. New Delhi/Mumbai (Maharashtra) [India], April 9 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised Nazara Technologies Limited (Nazara/Company) and its promoters, Vikash Mittersain, Nitish Mittersain and Mitter Infotech LLP, on its recently concluded Initial Public Offer (IPO). Nitish Mittersain is the Joint . Despite of incurring net losses, the company is EITDA positive and has generated sufficient cash flows from their oper-ations, resulting in cash and cash equivalents aggregating to INR . No wonder, they are bagging top brand endorsements and sponsorship deals. It's worth noting that Kiddopia contributed to INR 52.1 Cr of the company's operations revenue in Q1 of . . The issue consists of an offer for sale (OFS) of 52.9 lakh shares. Founded in 2000 by Nitish Mittersain, Nazara had refiled for its initial public offering (IPO) in January 2021 and got listed in March. New Delhi/Mumbai (Maharashtra) [India], April 9 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised Nazara Technologies Limited (Nazara/Company) and its promoters, Vikash Mittersain, Nitish Mittersain and Mitter Infotech LLP, on its recently concluded Initial Public Offer (IPO). Nazara Consolidated March 2022 Net Sales at Rs 175.10 crore, up 41.92% Y-o-Y . The efforts have resulted into a 37% increase in our net worth to Rs.7790 million as compared to Rs.5700 million in FY20. Nitish Mittersain is the founder of Nazara technologies which dramatically support diversifying gaming as well sports. Investors include Artha Venture Fund and Nazara's Nitish Mittersain StarClinch, a discovery and booking platform for performance artists and live entertainers, has raised ₹1.75 crore seed funding. Mutual Funds have decreased holdings from 4.07% to 2.76% in Mar 2022 qtr. The online gaming segment expanded 18% in 2020 to reach Rs 7,700 crore, said a FICCI-EY report. Meanwhile, a few marquee high-net-worth individuals (HNIs) from the retail industry also participated in the round. March 17, 2021 IPO Review Nazara Technologies IPO, Nazara Technologies IPO Review [email protected] Contact Email [email protected][email protected] Contact Email [email protected] Rakesh Jhunjhunwala will start by investing in the start-up scene of India. Number of MF schemes decreased from 14 to 8 in Mar 2022 qtr. Mr. Nitish Mittersain (Designation: Joint Managing Director) Mr. Kuldeep Jain (Designation: Non-Executive Director) . Nazara Technologies was founded in 1999 by Nitish Mittersain, who is the Joint Managing Director of the firm. Net worth calculator helps you to calculate your net worth by plugging in the values of your various assets and liabilities. Since Indian engineering curriculum is 40 years old, and since Indian engineering students lack any kind of non-mcq based intelligence, hence, no Indian company has been started by any Indian engineering student, at any Indian engineering college, which has ever been in. Cheplapharm completed the acquisition of a portfolio of select prescription products from Takeda Pharmaceutical for $562m. https://lnkd.in/dChMQCnJ # . Jobs No wonder, they are bagging top brand endorsements and sponsorship deals. This company turnover the value of 5000Cr. You can read the 2021 Crypto . Gaming as well as sports supporter story of Nitish Mittersain. The bid lot is of a minimum of 13 shares. This is generally done by examining the company's . The first big profit of Rakesh Jhunjhunwala was ₹5 lakh in 1986. Nazara Technology is founded in 1999, by Mr. Vikash Mittersain & Mr. Nitish Mittersain. ASBA IPO application is available in the net banking of your bank account. The Mumbai-based company, which was founded by Nitish Mittersain in 2000, could be valued at around Rs 3,000-3,500 crore and has users in 61 countries. Explore more on cm nitish kumar janata darbar . The Mumbai-based startup recorded first sale of stock reports with India's market controller on January 14. In addition to that, it also owns a majority stake in real-money social quizzing app Qunami and offers real-money versions of its cricket (WCC Rivals Clash) and carrom . The deal was finally closed in June 2017 after Delta bought the remaining 74% of the shares in preference shares worth ₹176.58 Crores. He is a 41-year-old hardworking, radiant personality. Nazara Technologies IPO details: Subscription Dates: 17 - 19 March 2021: Price Band: . Everything is publicly available here. Manish Agarwal. Established in 1999 by Nitish Mittersain, Nazara grew after the dot-com bust and has expanded to over 74 countries over the last decade. Vikash Mittersain. More > Motherson Sumi launches up to $300 million share sale That has also come in on account of investments into Nazara of Rs. Eligible employees will get shares at a discount of Rs 110 per share. He is … 1) HomeLane founded by Rama Harinath, Srikanth Iyer and Vivek Parasuram: Bengaluru-based online home interiors startup HomeLane secured $10 million funding from Accel Partners, Sequoia Capital and RB Investments. Revenue from operations increased by about 42 per cent to Rs 175.1 crore during the reported quarter from Rs 123.4 crore in the year-ago period. The Nazara IPO plans to offer up to 49.6 lakh equity shares at a face value of Rs 4 each for sale. SVB Financial to acquire Boston Private for $900m. Lifechart, a digital alternative healthcare platform has raised $200,000 in pre-seed funding round led by Expert Dojo and Nitish Mittersain, founder of Nazara Technologies. StarClinch Raises Seed Round from Artha Venture Fund, Nitish Mittersain StarClinch, a discovery and booking platform for performance artists and live entertainers, has raised INR 1.75 crores in a seed round, led by Artha Venture Fund (AVF). It is the learnings we take away from our choices, which define our future actions and standing. The Nazara IPO plans to offer up to 49.6 lakh equity shares at a face value of Rs 4 each for sale. Revenue from operations increased by about 42 per cent to Rs 175.1 crore during the reported quarter from Rs 123.4 crore in the year-ago period. Their latest investment was Seed Round - MoEVing on May 11, 2022, when MoEVing raised ₹386M. Tag Archives: Nitish Mittersain Net Worth. CATEGORIES Gaming, . While the face value of each share is Rs 4, the IPO's price band is fixed at Rs 1,100 to Rs 1,101 apiece share. Answer (1 of 4): It is 20 years old & one of the leading interactive gaming & new age sports media companies headquartered in Mumbai, which is engaged in the acquisition of, value addition to and distribution, of mobile games in 60 Countries across emerging markets such as India, the Middle East,. For considerations other than cash under a private placement basis, Nazara is offering 491.1K equity shares at a premium of INR 724 worth INR 35.76 Cr. US$600 Million). Category: The public issue will see an offer of 49,65,476 value shares by promoters and investors. Read more about Cyril Amarchand Mangaldas advises Nazara Technologies and its promoters on the first online gaming company IPO in India on Business Standard. Updated: 09 Feb 2021 8:47 pm. Nazara Technologies Founder and MD Nitish Mittersain said creating value for all stakeholders, including investors, has always been very important for Nazara. Thermal management solutions provider Tan90 has raised Rs 5 crore in its pre-Series A round led by Blue Ashva Capital. Back in 2005, it signed a three-year deal worth over $4 million (. Read More . Restated Consolidated Net (Loss)/ Profit after tax for the year ended March 31, 2020 INR (266.15)/- million. Nazara Technologies has reported a strong set of earnings in Q1FY22 post the high profile listing earlier this year. New Delhi: MoEVing, the largest full stack mobility platform in India announced today that they have secured funding of another USD 5 million in addition to its seed funding of USD 5 million announced in December 2021 from BeyondTeq, a UAE based venture capital firm, GCC family offices, Strides One, TradeCred, N+1 Capital, Nitish Mittersain and others. . nitish mittersain 3.32: 3.32: 3.32: 3.10: . Answer (1 of 5): Neither. Exits Number of Exits 1 Nitish Mittersain has 1 exit - myHQ. Nitish Mittersain Mitter Infotech LL . HCL Technologies Q4 FY2022 net income up by 24% to Rs 3,593cr. The book value itself is arrived at by dividing the net worth of a company by the total number of shares outstanding of the company at that time. RA. 100 Crores by The founder Nitish Mittersain started this company by borrowing Rs 3 crore from his friends and family to start this company and it now operates in 52 countries. . This acquisition, Nazara stated, was worth Rs 186.4 crore. Founder of the Startup: Nitish Mittersain. Esports will be our top revenue contributor in FY23 as well: Nazara Tech's Nitish Mittersain. Nitesh Mittersain, the Founder and Joint Managing Director of the company . During 1986 - 1989, he earned almost ₹20-25 lakh profit. Let's know about Nitish Nitish Mittersain's full name comprises Nitish Vikash Mittersain. Nazara IPO Main Objects . But 25-year-old Nitish Mittersain, Founder of Nazara Technologies, especially piqued his intrigued when he first met him in 2005. Capital — exited from Nazara by selling shares worth over Rs 500 crore to Plutus . Nazara Technologies Ltd. was founded in the year 2000 by Nitish Mittersain. The Indian startup will use the funds to fuel growth and technology innovation to attract customers and designers alike, while also strengthening its . I would like to start off by wishing everyone . Get an amazing work environment without paying any rent. Nitish had seen his friends obsessing over games and thought it would be great to build one to make the most of the nascent market. . Started by Nitish Mittersain in 2000, Nazara at present boasts of having a presence . The ace investor seems to be on a buying spree of late, as in December-17, Rakesh Jhunjhunwala picked up equity stake worth Rs 180 crore in Mumbai-based gaming startup Nazara.