Deltatech Gaming IPO GMP Price, Date, Review Details – IPO Upcoming

The Deltatech Gaming date will be updated soon .

Deltatech Gaming Limited, founded in 2011, was one of the first companies in India to engage in the real-money gambling sector. It is regarded as a category pioneer, and one of its platforms, Adda52, was India’s first online poker platform to offer numerous poker varieties. Deltatech Gaming had a market share of more than 34.5% until FY21

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Deltatech Gaming GMP

The Deltatech Gaming IPO GMP is ₹[ ].

IPO Overview​

Through its platforms Adda52, Adda.games, and Adda52Rummy, the company provides real-money games such as poker, rummy, ludo battles, and daily fantasy sports. Deltatech Gaming purchased Faboom, a multi-gaming technology, in April 2021 and rebranded it as Adda.games. The company had 5.5 million registered users as of March 31, 2022. The user base has risen at a CAGR of more than 38% over the last five years, resulting in an increase in deposits. A rise in deposits indicates that a player spends more time on the platform, plays more games, and

contributes to higher operating income. The company makes money by selling games in exchange for platform fees. The players put money into a virtual account, which is held as a fiduciary by the platform and refunded totally to the winner, minus the platform commission. For the majority of the games available on the company’s online marketplace, this commission ranges from 3 to 15%.

Deltatech Gaming is now preparing to launch its initial public offering (IPO). The IPO will be a hybrid of an offer for sale and a new issue. The net revenues will be utilised to fund expansion projects and expand the company’s technical infrastructure. The NSE and BSE will list the company’s shares.

Deltatech Gaming Financial Highlights

Particulars	FY22	FY21	FY22
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

Deltatech Gaming: Competitive Peers

Company Name	Total Revenue in Rs million	P/E ratio	EPS
Deltatech Gaming Ltd.	1,376.32	NA	(0.53)
Nazara Technologies Ltd.	6,458	123.53	9.09

Company Profile​

achievements is the creation of the renowned poker platform “Adda52,” which stands as the country’s first-ever online poker platform offering various poker variants. The company’s expertise lies in constructing its own in-house platforms and enhancing its data intelligence capabilities.

Furthermore, Deltatech Gaming offers a range of real money gaming platforms, including Adda52 and Adda.games. Adda52 serves as the dedicated poker platform, while Addagames provides a diverse array of options such as rummy, fantasy cricket, fantasy football, call break, and more.

IPO Strengths

• Experienced promoters and a competent management team.
• Well-established relationships with a loyal customer base.
• Access to markets worldwide, enabling global reach.

IPO Weakness

• Heavy reliance on customers based in the United States.
• Need to adhere to multiple laws and regulations in these countries to ensure compliance.
• Competition from other players in the market.

Deltatech Gaming FAQs