{"id":2453,"date":"2021-03-16T17:44:54","date_gmt":"2021-03-16T12:14:54","guid":{"rendered":"https:\/\/blog.tickertape.in\/?p=2453"},"modified":"2021-12-29T11:21:11","modified_gmt":"2021-12-29T05:51:11","slug":"nazara-technologies-ipo","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/nazara-technologies-ipo\/","title":{"rendered":"Know About Nazara Technologies IPO 2021: Issue Date, Price and More"},"content":{"rendered":"\n<p>Were you also disheartened when PUBG was banned in India? Because it felt like all hell broke loose to many. Why are we talking about PUBG anyway? Well, Nazara Technologies, a company closely related to the game is going public tomorrow. Nazara Technologies <a href=\"https:\/\/www.tickertape.in\/blog\/ipo-investment\/\">IPO<\/a> is one of the most-awaited IPOs of 2021 for two main reasons.<\/p>\n\n\n\n<p>One, it is backed by <a href=\"https:\/\/www.tickertape.in\/blog\/facts-about-rakesh-jhunjhunwala\/\">Rakesh Jhunjhunwala<\/a>, an ace <a href=\"https:\/\/www.tickertape.in\/blog\/how-to-invest-in-shares\/\">stock market<\/a> investor. And two, Nazara Technologies is one of India\u2019s leading online gaming companies, making the IPO the 1<sup>st<\/sup> pure play gaming company to go public in India. More on the IPO in the article.<\/p>\n\n\n\n<p><strong>This article covers:<\/strong><\/p>\n\n\n\n<p><a href=\"#about\">About Nazara Technologies<\/a><br><a href=\"#highlights\">Highlights of Nazara Tech<\/a><br><a href=\"#verticals\">Business verticals of Nazara Technologies<\/a><br><a href=\"#owned\">Popular Intellectual Properties owned by Nazara Tech<br><\/a><a href=\"#technologies\">Subsidiaries of Nazara Technologies<br><\/a><a href=\"#tech\">Investees of Nazara Tech<br><\/a><a href=\"#context\">Context for Nazara Tech IPO<br><\/a><a href=\"#nazara\">About Nazara Technologies IPO<br><\/a><a href=\"#promoters\">Promoters and investors exiting Nazara Technologies<br><\/a><a href=\"#reservation\">Reservation of Nazara Technologies IPO<br><\/a><a href=\"#book\">Book running lead managers and registrar of the IPO<br><\/a><a href=\"#financials\">Financials of Nazara Technologies<br><\/a><a href=\"#details\">Nazara Technologies\u2019 MAU details<br><\/a><a href=\"#recent\">Recent developments in Nazara Tech<br><\/a><a href=\"#prospects\">Prospects of Nazara Technologies<br><\/a><a href=\"#risks\">Risks of Nazara Technologies<\/a><\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tickertape.in\/blog\/nazara-technologies-ipo\/#About-Nazara-Technologies\" title=\"About Nazara Technologies\">About Nazara Technologies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tickertape.in\/blog\/nazara-technologies-ipo\/#Highlights-of-Nazara-Tech\" title=\"Highlights of Nazara Tech\">Highlights of Nazara Tech<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tickertape.in\/blog\/nazara-technologies-ipo\/#Business-verticals-of-Nazara-Technologies\" title=\"Business verticals of Nazara Technologies\">Business verticals of Nazara Technologies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tickertape.in\/blog\/nazara-technologies-ipo\/#Popular-intellectual-properties-owned-by-Nazara-Tech\" title=\"Popular intellectual properties owned by Nazara Tech\">Popular intellectual properties owned by Nazara Tech<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.tickertape.in\/blog\/nazara-technologies-ipo\/#Subsidiaries-of-Nazara-Technologies\" title=\"Subsidiaries of Nazara Technologies\">Subsidiaries of Nazara Technologies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.tickertape.in\/blog\/nazara-technologies-ipo\/#Investees-of-Nazara-Tech\" title=\"Investees of Nazara Tech\">Investees of Nazara Tech<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.tickertape.in\/blog\/nazara-technologies-ipo\/#Context-for-Nazara-Tech-IPO\" title=\"Context for Nazara Tech IPO\">Context for Nazara Tech IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.tickertape.in\/blog\/nazara-technologies-ipo\/#About-Nazara-Technologies-IPO\" title=\"About Nazara Technologies IPO\">About Nazara Technologies IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.tickertape.in\/blog\/nazara-technologies-ipo\/#Promoters-and-investors-exiting-Nazara-Technologies\" title=\"Promoters and investors exiting Nazara Technologies\">Promoters and investors exiting Nazara Technologies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.tickertape.in\/blog\/nazara-technologies-ipo\/#Reservation-of-Nazara-Technologies-IPO\" title=\"Reservation of Nazara Technologies IPO\">Reservation of Nazara Technologies IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.tickertape.in\/blog\/nazara-technologies-ipo\/#Book-running-lead-managers-and-registrar-of-the-IPO\" title=\"Book running lead managers and registrar of the IPO\">Book running lead managers and registrar of the IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.tickertape.in\/blog\/nazara-technologies-ipo\/#Financials-of-Nazara-Technologies\" title=\"Financials of Nazara Technologies\">Financials of Nazara Technologies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.tickertape.in\/blog\/nazara-technologies-ipo\/#Nazara-Technologies-MAU-details\" title=\"Nazara Technologies\u2019 MAU details\">Nazara Technologies\u2019 MAU details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.tickertape.in\/blog\/nazara-technologies-ipo\/#Recent-developments-in-Nazara-Tech\" title=\"Recent developments in Nazara Tech\">Recent developments in Nazara Tech<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.tickertape.in\/blog\/nazara-technologies-ipo\/#Prospects-of-Nazara-Technologies\" title=\"Prospects of Nazara Technologies\">Prospects of Nazara Technologies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.tickertape.in\/blog\/nazara-technologies-ipo\/#Risks-of-Nazara-Technologies\" title=\"Risks of Nazara Technologies\">Risks of Nazara Technologies<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"about\"><span class=\"ez-toc-section\" id=\"About-Nazara-Technologies\"><\/span><strong>About Nazara Technologies<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Established in 2000 by Nitish Mittersain, Nazara Technologies is a leading diversified gaming and sports media platform in India. Pleasantly, Nazara\u2019s presence is not just limited to domestic borders but across other emerging and developed economies including North America and Africa. Nazara is known for its Chhota Bheem, Motu Patlu, and World <a href=\"https:\/\/www.tickertape.in\/blog\/similarities-between-cricket-and-finance\/\">Cricket<\/a> Championship game series.<br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"highlights\"><span class=\"ez-toc-section\" id=\"Highlights-of-Nazara-Tech\"><\/span><strong>Highlights of Nazara Tech<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The hype for Nazara Technologies is not without reason. Here are some highlights that justify it:<\/p>\n\n\n\n<ul><li>Nazara was among the first entrants in the domestic markets in eSports and cricket, entering the arenas via Nodwin and Nextwave, respectively<\/li><li>It owns a majority stake in Nodwin Gaming, which is a leader in eSports<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"verticals\"><span class=\"ez-toc-section\" id=\"Business-verticals-of-Nazara-Technologies\"><\/span><strong>Business verticals of Nazara Technologies<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>eSports<\/li><li>Interactive gaming<\/li><li>Gamified early learning<\/li><li>Legacy telco businesses<\/li><li>Premium offerings account<\/li><li>Real money gaming accounts<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"owned\"><span class=\"ez-toc-section\" id=\"Popular-intellectual-properties-owned-by-Nazara-Tech\"><\/span><strong>Popular intellectual properties owned by Nazara Tech<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Nazara has assets across grassroots, regional, national, and international eSports. Also, it is the only Indian company to have rights over well-known Intellectual Properties (IP) such as:<\/p>\n\n\n\n<ul><li>Kiddopia in gamified early learning<\/li><li>CarromClash and WCC in mobile games<\/li><li>Qunami in skill-based, fantasy and trivia games<\/li><li>Halaplay Technologies Private Limited (\u201cHalaplay\u201d)<\/li><li>Nodwin and Sportskeeda in eSports and eSports media<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"technologies\"><span class=\"ez-toc-section\" id=\"Subsidiaries-of-Nazara-Technologies\"><\/span><strong>Subsidiaries of Nazara Technologies<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Paper Boat apps Private Limited (holding 50.91%)<\/li><li>Nodwin Gaming Private Limited (holding 57.05%)<\/li><li>Absolute Sports Private Limited (holding 63.90%)<\/li><li>Next Wave Multimedia Pvt Ltd (holding 52.38%)<\/li><li>Halaplay Technologies Private Limited (holding 69.09%)<\/li><li>Sports Unity Private Limited (holding 62.53%)<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"tech\"><span class=\"ez-toc-section\" id=\"Investees-of-Nazara-Tech\"><\/span><strong>Investees of Nazara Tech<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Hashcube (holding 12.38%)<\/li><li>Mastermind Sports Limited (holding 26%)<\/li><li>Moong Labs Technologies Limited (holding 24.41%)<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"context\"><span class=\"ez-toc-section\" id=\"Context-for-Nazara-Tech-IPO\"><\/span><strong>Context for Nazara Tech IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As mentioned, Nazara Technology had planned an IPO way back in 2018. However, despite filing a draft red herring prospectus with <a href=\"https:\/\/www.tickertape.in\/blog\/securities-and-exchange-board-of-india-functions-powers-and-regulations-of-sebi\/\">SEBI<\/a> and getting the necessary approvals from the market watchdog, Nazara stepped back citing market conditions. Nonetheless, the company is glad and opines this is a better time to make a market debut.<\/p>\n\n\n\n<p>Since 2018, the gaming market has evolved to Nazara\u2019s benefit. The quality and speed of the internet and the infrastructure of <a href=\"https:\/\/www.tickertape.in\/blog\/how-is-india-catching-up-with-digital-payments\/\">digital payments<\/a> got better with time. This enabled multiplayer gaming in India and gave more business to companies such as Nazara. India also saw the emergence of a paying user market. Meaning, users began to pay to play games, all to the credit of gaming companies.<\/p>\n\n\n\n<p>Besides, the coronavirus pandemic, which plagued many businesses, proved to be a boon to gaming companies including Nazara. Thanks to the nation-wide lockdown that left people with very little means of entertainment, citizens turned to online games for their needs. As a result, the mobile gaming sector grew stronger. Naturally, the enormous demand for mobile gaming opened up new doors of opportunity for Nazara Technologies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"nazara\"><span class=\"ez-toc-section\" id=\"About-Nazara-Technologies-IPO\"><\/span><strong>About Nazara Technologies IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>The Rs 582.91 cr-worth Nazara Technologies IPO will open on 17<sup>th<\/sup> Mar 2021 and close on 19<sup>th<\/sup> Mar<\/li><li>While the face value of each share is Rs 4, the IPO\u2019s price band is fixed at Rs 1,100 to Rs 1,101 apiece share<\/li><li>The issue consists of an <a href=\"https:\/\/www.tickertape.in\/blog\/offer-for-sale\/\">offer for sale<\/a> (OFS) of 52.9 lakh shares<\/li><li>The bid lot is of a minimum of 13 shares<\/li><li>Shares are to be listed on both BSE and <a href=\"https:\/\/www.tickertape.in\/blog\/national-stock-exchange\/\">NSE<\/a><\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"promoters\"><span class=\"ez-toc-section\" id=\"Promoters-and-investors-exiting-Nazara-Technologies\"><\/span><strong>Promoters and investors exiting Nazara Technologies<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Promoter: Mitter Infotech LLP<\/li><li>IIFL Special Opportunities Fund<\/li><li>Good Game Investment Trust<\/li><li>IndexArb Securities and Azimuth Investments<\/li><\/ul>\n\n\n\n<p>Post issuance of the IPO, the promoter holding in Nazara will reduce from over 22.5% to 20%. The remaining stake will be locked in for 3-yrs. Ace investor Rakesh Jhunjhunwala will continue to hold his 10.8% stake in the company.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"reservation\"><span class=\"ez-toc-section\" id=\"Reservation-of-Nazara-Technologies-IPO\"><\/span><strong>Reservation of Nazara Technologies IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>75% of the IPO is reserved for Qualified Institutional Buyers (QIB)<\/li><li>15% is reserved for Non-Institutional Investors<\/li><li>10% of the IPO is reserved for retail investors<\/li><li>Shares of up to Rs 2 cr are reserved for eligible employees, who will get a discount of up to 10% of the <a href=\"https:\/\/www.tickertape.in\/blog\/offer-price\/\">offer price<\/a><\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"book\"><span class=\"ez-toc-section\" id=\"Book-running-lead-managers-and-registrar-of-the-IPO\"><\/span><strong>Book running lead managers and registrar of the IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>While IIFL Securities, ICICI Securities, Nomura Financial Advisory and Securities, and Jefferies India are the Book Running Lead Managers to the IPO, Link Intime India is the registrar.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"financials\"><span class=\"ez-toc-section\" id=\"Financials-of-Nazara-Technologies\"><\/span><strong>Financials of Nazara Technologies<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Nazara reported a net loss of Rs 10.1 cr in the first half of FY 2021 compared to a net loss of Rs 24.9 cr in FY 2020<\/li><li>In FY 2020, Nazara reported a 45.85% hike in revenue from Rs 169.70 cr y-oy<\/li><li>It incurred a net loss of Rs 26.61 cr in FY 2020 compared to a net profit of Rs 6.71 cr in FY 2019<\/li><li>40% of Nazara\u2019s revenues comes from India, 40% to 41% from North America and rest from Africa, West Asia, and South Africa<\/li><li>Nazara Technology is a debt-free company<\/li><\/ul>\n\n\n\n<p><strong>Notes<\/strong>:<\/p>\n\n\n\n<p>The company claims that its net losses don\u2019t reflect operational deficiency but were incurred due to depreciation in intangible assets after it went on an acquisition spree.<\/p>\n\n\n\n<iframe loading=\"lazy\" width=\"600\" height=\"400\" src=\"https:\/\/live.amcharts.com\/ThmN2\/embed\/\" frameborder=\"0\"><\/iframe>\n\n\n\n<p><strong>Financials in Rs cr<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"461\" src=\"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2021\/03\/Nazara-Table-1024x461.png\" alt=\"\" class=\"wp-image-2463\" srcset=\"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2021\/03\/Nazara-Table-1024x461.png 1024w, https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2021\/03\/Nazara-Table-300x135.png 300w, https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2021\/03\/Nazara-Table-768x346.png 768w, https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2021\/03\/Nazara-Table.png 1387w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption><em>Source: <\/em><a href=\"https:\/\/www.chittorgarh.com\/ipo\/nazara-technologies-ipo\/1092\/\" rel=\"nofollow noopener\" target=\"_blank\"><em>Chittorgarh<\/em><\/a><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"details\"><span class=\"ez-toc-section\" id=\"Nazara-Technologies-MAU-details\"><\/span><strong>Nazara Technologies\u2019 MAU details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Nazara develops content for both Indian and global audiences. During FY 2020, the online gaming company had an average of 4.02 cr monthly active users (MAU). For the 9-mth period ended Dec, the average MAU was 5.75 cr.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"recent\"><span class=\"ez-toc-section\" id=\"Recent-developments-in-Nazara-Tech\"><\/span><strong>Recent developments in Nazara Tech<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Early this week, Nodwin Gaming had raised Rs 164 cr from Krafton, its famous South Korean video game holding company. At the time, Nodwin Gaming was valued at ~Rs 1,100 cr. For context, Krafton owns \u2018PlayerUnknown\u2019s Battlegrounds\u2019 (PUBG) and Nazara owns a 55% stake in Nodwin Gaming<\/li><li>In Feb, Nazara Tech had raised Rs 100 cr from Instant Growth Limited (IGL), an investment vehicle of Hornbill Orchid India Fund<\/li><li>In Jan, WestBridge Capital exited Nazara by selling its stake to Plutus <a href=\"https:\/\/www.tickertape.in\/blog\/wealth-management\/\">Wealth Management<\/a> for over Rs 500 cr<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"prospects\"><span class=\"ez-toc-section\" id=\"Prospects-of-Nazara-Technologies\"><\/span><strong>Prospects of Nazara Technologies<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>The gaming company is the next-gen digital play catering to the youth, which is a widely unexplored market in India. In fact, the domestic mobile gaming industry is expected to triple its size to over $3 bn in the next 3 yrs<\/li><li>Apart from gaming, fantasy sports, eSports, and sports content creation, the company also has offerings in the education technology space, which is also evolving<\/li><li>Nazara\u2019s Kiddopia has an untapped potential to enhance its paid subscriber base in the US, which can scale up its overall business<\/li><li>The ad revenue in the Gaming range is expected to grow by 30% to Nazara\u2019s benefit<\/li><li>The company boasts a new-age business model, strong backing, and sound fundamentals, which make it an attractive investment<\/li><li>In the last 5 yrs, Nazara has invested over Rs 300 cr in the Indian gaming ecosystem<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"risks\"><span class=\"ez-toc-section\" id=\"Risks-of-Nazara-Technologies\"><\/span><strong>Risks of Nazara Technologies<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>As per the company, Nazara had reported a restated loss in FY 2020 and for the 6-mth ended 30<sup>th<\/sup> Sep 2020. The company may also incur additional losses in the future<\/li><li>Nazara may not be able to effectively monetise its eSports offerings, thus adversely impacting its business, finances, and cash flows<\/li><li>Nazara has had negative cash flows in the past, which may continue in the future as well<\/li><li>One of Nazara\u2019s group companies had incurred losses in the last 3 financial years<\/li><\/ul>\n\n\n\n<p>As always, we urge you to do your homework before subscribing to the IPO. That\u2019s what a prudent investor does, research extensively and not just go by what sources say \ud83d\ude42&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nazara Tech is the first gaming company to go public in India. Click here to read about Nazara Technologies IPO &#038; the company&#8217;s financials, prospects, risks, price &#038; more<\/p>\n","protected":false},"author":27,"featured_media":2464,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[9,1727],"tags":[227,208,236,235],"acf":[],"modified_by":"Aradhana Gotur","jetpack_featured_media_url":"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2021\/03\/Nazara-IPO.png?wsr","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/2453"}],"collection":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/comments?post=2453"}],"version-history":[{"count":6,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/2453\/revisions"}],"predecessor-version":[{"id":6240,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/2453\/revisions\/6240"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media\/2464"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media?parent=2453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/categories?post=2453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/tags?post=2453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}