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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

View all upcoming IPOs

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?

Deltatech Gaming Limited has filed prospectus for Rs 550 crore IPO containing Rs 300 crore in fresh shares and Rs 250 crore in offer for sale of equities from existing promoters.

When will Deltatech Gaming Limited IPO allotment be available?

Details are not available.

What will be Deltatech Gaming Limited IPO lot size?

Details are not available.

When will Deltatech Gaming Limited IPO open for subscription?

Details are not available.

What minimum lot size can retail investors subscribe to?

The minimum investment size is one lot for retail investors.

When will Deltatech Gaming Limited list on exchanges?

It usually takes ten working days from the last day of subscription to list the IPO on the bourses.

How to check the allotment status of Deltatech Gaming Limited IPO?

Angel One customers can log in to their accounts to check Deltatech Gaming Limited IPO allotment status.
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?

Listing gain is the difference between the IPO's opening and offer prices.
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?

The bank initially blocks the amount you bid for an IPO. It will debit the amount when the shares get allotted or unblock it after the UPI mandate expiry date.

How to approve the UPI mandate request for the Deltatech Gaming Limited IPO?

Login to your UPI handle and approve the payment mandate to complete the IPO application process.

Can I submit more than one application for the public issue of Deltatech Gaming Limited using one PAN?

You can submit only one application using one PAN card.

What is the minimum order quantity for Deltatech Gaming Limited IPO?

The minimum size of the application will be one lot.

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