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Deltatech Gaming Limited IPO
The IPO consists of Rs 300 crore in new shares and Rs 250 crore in offer for sale, aggregating up to Rs 550 crore. Deltatech is a gaming platform offering a gamer-centric gaming experience.
Opening Date
To be announced
Closing Date
To be announced
Price Band
To be announced
Issue Size
To be announced
Face Value
To be announced
Market Lot
To be announced
Opening Date
To be announced
Closing Date
To be announced
Price Band
To be announced
Issue Size
To be announced
Face Value
To be announced
Market Lot
To be announced
Listing at NSE, BSE
Deltatech Gaming Limited IPO Important Dates
| IPO Open Date | To be announced |
|---|---|
| IPO Close Date | To be announced |
| Allotment Date | To be announced |
| Initiation Of Refunds | To be announced |
| Credit Of Shares To Demat Account |
To be announced |
| IPO Listing Date | To be announced |
| UPI Mandate Expiry Date | To be announced |
About Deltatech Gaming Limited
Deltatech Gaming Limited is one of the earliest companies in the actual money gaming segment. They introduced India’s first poker game, Adda52, which offers multiple poker variants. According to a RedSeer report, they are the category pioneer with a 34.5% market share for over seven years till fiscal 2021.
Deltatech Gaming Limited IPO Objectives
• The proceeds from the fresh issue will be utilised for promoting organic growth through marketing.
• The company will use net proceeds to strengthen technology infrastructure and build new capacities.
Why should you invest in the Deltatech Gaming Limited IPO?
Here are our top reasons:
- There is a significant rise in the number of participants in real-money gaming. Their cumulative gamer base increased at a CAGR of 38.93% from Fiscal 2018 to Fiscal 2022.
- Deltatech is a leader in the segment of real-money gaming.
- The company acquired Faboom, a multi-gaming platform, in April 2021 and rebranded it as an Addagames platform to expand its footprint in the gaming industry.
- The gaming industry in India has vast potential and is growing at a CAGR of 32% to reach ₹600,000–₹630,000 million at the end of fiscal 2026.
Financial Highlights
| Particulars | For the year/period ended (₹ in million) | ||
|---|---|---|---|
| FY22 | FY21 | FY20 | |
| Revenue From Operation | 1,372.27 | 1,553.65 | 1,316.45 |
| EBITDA | 34.89 | 282.50 | 427.22 |
| EBITDA Margin (%) | NA | NA | NA |
| Profit After Tax | (43.99) | 159.50 | 298.49 |
| EPS | (0.53) | (279.22) | 5.92 |
| ROE | NA | NA | NA |
How to apply for Deltatech Gaming Limited IPO?
Retail investors need to apply for the IPO using UPI.
UPI
- Link your bank account to a UPI ID.
- Register your UPI id with your Demat account.
- Subscribe for Deltatech Gaming Limited IPO and approve the payment on your UPI ID.
Demat Account
- If you are an existing Angel One user, Pre-Apply Now!
- If you’re a new investor, open an Angel One Demat account for free and begin your investment journey.
Deltatech Gaming Limited IPO Noteworthy Highlights:
- The company has successfully retained its gamer base over the years. In Fiscal 2022, the average age of the gamers in the platform calculated based on their first time playing the game is 20%.
- Deltatech has been consistent in generating positive cash flow and EBITDA.
The Brand’s Pros & Cons:
| Pros | Cons |
|---|---|
| They are the category pioneer with more than a decade of industry experience and leadership in revenue. | The company incurred losses during Fiscal 2022 as a result of post-COVID normalisation. |
| Their business model and PAN Indian gamer base have helped the company build a solid foundation. | There are challenges due to regulatory uncertainties. Investors should invest only after analysing industry-specific risks. |
| The company is a wholly-owned subsidiary of DeltaCorp Limited, a pioneer in the gaming industry and a listed company. | Their flagship, Adda52, is the primary revenue source. An increase in competition will affect future cash flow. |
Competitive Peers
Deltatech Gaming Limited faces competition from other gaming companies in the sphere. Here is a competitive analysis of the company.
| Company Name | Total Revenue in Rs million | P/E ratio | EPS |
|---|---|---|---|
| Deltatech Gaming Ltd. | 1,376.32 | NA | (0.53) |
| Peer Group | |||
| Nazara Technologies Ltd. | 6,458 | 123.53 | 9.09 |
Deltatech Gaming Limited IPO FAQs
What is Deltatech Gaming Limited IPO?
When will Deltatech Gaming Limited IPO allotment be available?
What will be Deltatech Gaming Limited IPO lot size?
When will Deltatech Gaming Limited IPO open for subscription?
What minimum lot size can retail investors subscribe to?
When will Deltatech Gaming Limited list on exchanges?
How to check the allotment status of Deltatech Gaming Limited IPO?
When checking the allotment status, keep your application, DP ID, and PAN number ready.
What would be the listing gains on Deltatech Gaming Limited IPO?
The listing gain results from changing investors' interests, global parameters, and short vs long-term outlooks.
I have finished the application process for Deltatech Gaming Limited IPO, but the funds are not yet debited. What is the reason?
How to approve the UPI mandate request for the Deltatech Gaming Limited IPO?
Can I submit more than one application for the public issue of Deltatech Gaming Limited using one PAN?
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