About Nazara Technologies Limited
Data last updated:
Nazara Technologies Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the online gaming platforms segment of the internet and digital services sector. It was incorporated on 08 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L72900MH1999PLC122970. Its GSTIN is 27AABCN0730A1Z7 (Maharashtra). Its shares are listed on BSE: 543280 and NSE: NAZARA.
The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹74.09 Cr. It was formerly known as Nazara.Com Private Limited and Nazara Technologies Private Limited. It is led by directors including Vikash Pratapchand Mittersain (Managing Director) and Nitish Vikash Mittersain (Managing Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,715.44 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹50.96 Cr (net margin 3%) and EBITDA of ₹205.5 Cr (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 46% over five years.
The company has about 75 employees on its provident fund (EPFO) records. Its group structure includes 14 subsidiaries.
The company is associated with 4 brands: ClassicRummy, Nazara, Sportskeeda and CrimzonCode. As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹34.6 Cr on record. Court records list 47 cases involving the company, including 4 filed by the company and 39 filed against it; 3 cases are pending. The company has 80 deals on record (44 market trades, 18 funding rounds, 16 secondary share transfers), with disclosed funding of ₹3,802.16 Cr; the latest was in August 2026. Its 10 peer companies in the Information Technology industry (Application Development) are compared by revenue, 5 larger and 5 smaller; the largest is Agilent Technologies (International) Private Limited. The company has 3 MSME Form 1 returns on record between 2022 and 2024, listing 58 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nazara.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered Address11th Floor Avighna House, Dr. A.B. Road, Mumbai, Maharashtra, India – 400018
- IndustryInternet, Online Gaming Platforms
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Nazara Technologies Limited
The main business activity of Nazara Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nazara Technologies Limited FY 2025 filings available
Nazara Technologies Limited reported revenue of ₹1,715.44 Cr (up 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nazara Technologies Limited
Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 41% growth in the latest year. EBITDA rose 16% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Nazara Technologies Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹205.5 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹50.96 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Nazara Technologies Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nazara Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Nazara Technologies Limited
Nazara Technologies Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agilent Technologies (International) Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Cloud Software Group India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Blue Yonder India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Xilinx India Technology Services Private Limited | •••• | •••• | •••• | •••• | 1,636 | Hyderabad, Telangana, India |
| Sigma Aldrich Chemicals Private Limited | •••• | •••• | •••• | •••• | 2,564 | Bangalore, Karnataka, India |
| Nazara Technologies Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Yash Technologies Private Limited | •••• | •••• | •••• | •••• | 5,357 | Indore, Madhya Pradesh, India |
| Arm Embedded Technologies Private Limited | •••• | •••• | •••• | •••• | 1,161 | Bangalore, Karnataka, India |
| Nexteer Automotive India Private Limited | •••• | •••• | •••• | •••• | 1,418 | Bangalore, Karnataka, India |
| Netcracker Technology Solutions (India) Private Limited | •••• | •••• | •••• | •••• | 4,638 | Rangareddy, Telangana, India |
| Fidelity Information Services India Private Limited | •••• | •••• | •••• | •••• | 5,040 | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Nazara Technologies by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Nazara Technologies Limited
Nazara Technologies Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Walker Chandiok & Co LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nazara Technologies Limited
Nazara Technologies has 10 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shobha Haresh Jagtiani | Director | 04 Jan 2018 | 8 Years 9 Months | Current |
| Vikash Pratapchand Mittersain | Managing Director | 08 Dec 1999 | 26 Years 9 Months | Current |
| Probir Kumar Roy | Director | 04 Jan 2018 | 8 Years 9 Months | Current |
| Sasha Gulu Mirchandani Also directs: Kavya Advisory Services LLP, Startup Diaries LLP, Kine Advisory Services LLP and 5 more | Director | 04 Jan 2018 | 8 Years 9 Months | Current |
| Nitish Vikash Mittersain | Managing Director | 08 Dec 1999 | 26 Years 9 Months | Current |
| Rohit Sharma Also directs: Datawrkz Business Solutions Private Limited | Whole-Time Director | 13 Aug 2025 | 1 Years 1 Months | Current |
Ownership and Shareholding of Nazara Technologies Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nazara Technologies Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2024 | Standard Chartered Bank | ₹20 Cr | Open |
| 02 Apr 2024 | Standard Chartered Bank | ₹5 Cr | Open |
| 24 Mar 2021 | Standard Chartered Bank | ₹3 Cr | Satisfied |
| 10 May 2018 | Standard Chartered Bank | ₹1.6 Cr | Satisfied |
| 22 Dec 2017 | Others | ₹30 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Nazara Technologies Limited
Nazara Technologies Limited has 80 deals on record (44 market trades, 18 funding rounds, 16 secondary share transfers), with disclosed funding of ₹3,802.16 Cr; the latest was in August 2026.
Deals on record (5 of 80)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2026 | Secondary share transfer | Undisclosed | Buyer: Zerodha Broking Limited , Share India Securities Limited., Microcurves Trading Private Limited Seller: Mitter Infotech LLP , Share India Securities Limited., Microcurves Trading Private Limited |
| May 2026 | Market trade | ₹400.23 Cr | Buyer: Axana Estates LLP Seller: Mitter Infotech LLP |
| May 2026 | Market trade | ₹350.07 Cr | Buyer: Zerodha Broking Limited , Share India Securities Limited, Microcurves Trading Private Limited Seller: Mitter Infotech LLP , Share India Securities Limited, Microcurves Trading Private Limited |
| Aug 2025 | Market trade | ₹182.44 Cr | Buyer: Graviton Research Capital LLP , Hrti Private Limited Seller: Graviton Research Capital LLP , Hrti Private Limited |
| Aug 2025 | Market trade | ₹152.88 Cr | Buyer: Graviton Research Capital LLP , Hrti Private Limited Seller: Graviton Research Capital LLP , Hrti Private Limited |
Full deal history
All 80 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Nazara Technologies Limited
Nazara Technologies Limited has 47 court cases on record: 4 filed by Nazara Technologies, 39 filed against it, 4 where it is another party. 3 cases are pending and 44 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 37 | 34 | 3 |
| NCLAT | 5 | 5 | 0 |
| High courts | 5 | 0 | 0 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal case | Filed against the company by Muthoot Capital Services Limited | Disposed |
| District court, Ernakulam, Kerala | Execution petition | Filed against the company by Tata Motors Finance Limited | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by Services (India) Private Limited | Disposed |
| District court, Ernakulam, Kerala | Execution petition | Filed against the company by Tata Motors Finance Limited | Disposed |
| District court, Ernakulam, Kerala | Execution petition | Filed against the company by HDFC Bank Limited | Disposed |
Full case history
All 47 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Nazara Technologies Limited
Nazara Technologies Limited has 3 MSME Form 1 returns on record between 2022 and 2024, listing 58 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| VPD Consultants Pvt Ltd | •••• | •••• | •••• |
| Moong Labs Technologies Private Limited | •••• | •••• | •••• |
| Mufg Intime India Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Tech 4 Logic Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Nazara Technologies Limited
Nazara Technologies operates multiple associated brands including ClassicRummy, Nazara, and Sportskeeda. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for playing Indian Rummy card games for free or cash prizes. | classicrummy.com | |
| Diversified gaming and sports media platforms are operated and developed. | nazara.com | |
| Sports news and content are delivered via an online platform. | sportskeeda.com | |
| Digital entertainment apps are provided for quizzes, contests, and education. | crimzoncode.com |
Employees and EPFO Compliance at Nazara Technologies Limited
Nazara Technologies Limited has a workforce of 75 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Nazara Technologies Limited
Nazara Technologies has 14 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Openplay Technologies Private Limited | U45203WB2016PTC217543 | Locked |
| Brandscale Innovations Private Limited | U51909MH2021PTC369514 | Locked |
| Next Wave Multimedia Private Limited | U72300TN1995PTC030106 | Locked |
| Sports Unity Private Limited | U72900DL2016PTC299842 | Locked |
| Paperboat Apps Private Limited | U74120MH2013PTC246788 | Locked |
| Crimzoncode Technologies Limited | U74120MH2015PTC267935 | Locked |
Showing major subsidiaries. Total: 14.
Name History of Nazara Technologies Limited
Nazara Technologies has undergone 2 name changes throughout its history. The company was previously known as Nazara.Com Private Limited, and Nazara Technologies Private Limited. The current legal name is Nazara Technologies Limited.
| Company Name | Status |
|---|---|
| Nazara Technologies Limited | Current |
| Nazara.Com Private Limited | Previous |
| Nazara Technologies Private Limited | Previous |
CIN History of Nazara Technologies Limited
Nazara Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L72900MH1999PLC122970, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72900MH1999PLC122970 | Current |
| U72900MH1999PTC122970 | Previous |
| U72900MH1999PLC122970 | Previous |
News related to Nazara Technologies Limited
Recent Activity on Nazara Technologies Limited
Nazara Technologies Limited has 30 board changes on record since 1999: 20 appointments and 10 cessations. The latest: Mithun Padam Sacheti was appointed as Additional Director on 12 May 2026.
30 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nazara Technologies Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nazara Technologies Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nazara Technologies Limited
Nazara Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN0730A1Z7 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nazara Technologies Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nazara Technologies Limited
Nazara Technologies is an active public limited company based in Mumbai, Maharashtra, India. The company works in online gaming platforms, within the internet industry. It was incorporated on 08 December 1999 (27+ years old) and is registered under CIN L72900MH1999PLC122970. Listed on BSE: 543280 and NSE: NAZARA.
Nazara Technologies reported revenue of ₹1,715.44 Cr for FY 2025 (up 41% YoY).
Nazara Technologies has 10 current directors:
- Vikash Pratapchand Mittersain - Managing Director
- Nitish Vikash Mittersain - Managing Director
- Rohit Sharma - Whole-Time Director
- Shobha Haresh Jagtiani - Director
- Probir Kumar Roy - Director
- Sasha Gulu Mirchandani - Director
- Arun Vijaykumar Gupta - Director
- Vivek Chopra - Director
- Muraarie Rajan - Additional Director
- Mithun Padam Sacheti - Additional Director
Nazara Technologies reported a net profit of ₹50.96 Cr (net margin 3%) and EBITDA of ₹205.5 Cr (EBITDA margin 12%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nazara Technologies is 38% over three years and 46% over five years. In the latest year (FY 2025) revenue rose 41%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nazara Technologies is 27AABCN0730A1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nazara Technologies is L72900MH1999PLC122970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Nazara Technologies is listed on both BSE (code: 543280) and NSE (symbol: NAZARA).
Nazara Technologies has 47 court cases on record: 4 filed by the company and 39 filed against it. 3 are pending. Most are in the district courts.
Nazara Technologies was incorporated on 08 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Nazara Technologies has 80 deals on record (44 market trades, 18 funding rounds, 16 secondary share transfers), with disclosed funding of ₹3,802.16 Cr; the latest was in August 2026.
The peers of Nazara Technologies by revenue are Agilent Technologies (International) Private Limited, Cloud Software Group India Private Limited, Blue Yonder India Private Limited, Xilinx India Technology Services Private Limited, Sigma Aldrich Chemicals Private Limited and 5 more, all in the Information Technology industry (Application Development).