Research Reports
MPL Unlisted Shares

DMAT
PRIVATE LIMITED
Equity
Price Chart
High
₹81,390
Low
₹81,390
Return
-
ISIN
INE19RB01011
Face Value
10
Total Shares
22,16,044
Market Cap
18,036.38 Cr
Profit After Tax
-449.49 Cr
Total Revenue
600.68 Cr
P/B
52.95
Sector
Industrials
Sub-sector
Business Sport Services
Category
Unicorn
Cashflow - Operations
-444.25 Cr
- Galactus Funware Technology Private Limited("Mobile Premier League" or "MPL"), operates as a digital gaming platform. It is an online skill base gaming platform that serves in the B2C space in the Mobile, Gaming, Media & Entertainment market segments.
- MPL offers 60+ games in categories such as fantasy sports, card games, arcade games, puzzle games, action games, and more. MPL has over 90mn registered users globally playing real money games such as Rummy, Chess, Fantasy Cricket, Fruit Chop, 8 Ball Pool, Carrom, and more.
- MPL allows its user to participate and compete in multiple skill-based mobile gaming tournaments. MPL renders real cash rewards to those who win in these online tournaments. MPL also provides the option of connecting with friends and offers bonuses for referring others to play on its platform.
- Anyone can play rummy games on the MPL app (other than the MPL-banned states which are Karnataka, Andhra Pradesh, Assam, Odisha, Nagaland, and Telangana.)
- The core of MPL's business model centers on its user-centric app. It generates revenue by charging players an entry fee for game participation. Additionally, when tournaments are organized, MPL earns a hosting fee equivalent to 15%-20% of the total funds contributed by participating players. The gaming apps offered by MPL also generate income through advertisements and in-app purchases.
- MPL is classified as a subsidiary of a foreign company. MPL started its operation in India in May 2018 & expanded itself to the USA in July 2021, Germany in February 2022, and Africa in May 2023.
- MPL has incorporated on May 22, 2018, and registered at ROC-Bangalore.
Explore in-depth financial analysis, performance metrics, and key disclosures.
News
Articles
Videos
MPL Lays Off 350 Employees After 28% GST On Online Gaming Setback
08 Aug 2023
• BQ Prime
MPL aspiring to become a global gaming powerhouse
06 Jun 2023
• Times Now
Mobile Premier League makes African debut with app launch in Nigeria
15 May 2023
• Money Control