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Zaggle Prepaid Ocean Services IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 563.38 Cr. The company is based in Rangareddi and caters to Information Technology - SaaS sector. Equirus Capital , ICICI Securities , Iifl Securities , Jm Financial are the merchant bankers of Zaggle Prepaid Ocean Services IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 19th December 2022.
Zaggle Prepaid Ocean Services IPO open date is 14th September 2023 and close date is 18th September 2023. IPO Allotment Date is 22nd September 2023 and Listing date is 22nd September 2023.
IPO
Size:
₹ 563.38 Cr.
Avg IPO Size (Sector Based)
: ₹
642.93 cr.
Sector: Information Technology - SaaS
IPO so far:
6
Merchant Banker:
Equirus Capital
IPO by BRLM so far:
27
City:
Rangareddi
IPO so far:
1
Revenue (annualised):
₹
554.58
cr. 
PE
Ratio:
0.00x
Average Sector PE Ratio: 29.22x
Zaggle Prepaid Ocean Services IPO size is ₹ 563.38 Cr. with IPO price of ₹ 164.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Equirus Capital Private Limited is the book-running lead manager of the Zaggle Prepaid Ocean Services IPO. Kfin Technologies Limited is the Registrar for Zaggle Prepaid Ocean Services IPO.
Zaggle Prepaid Ocean Services IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Zaggle Prepaid Ocean Services IPO, based in Rangareddi, operates in the Information Technology - SaaS sector with a focus on diversified offerings of fintech products and related services.. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Zaggle Prepaid Ocean Services IPO size is ₹ 563.38 Cr. with fresh issue size of ₹ 392.00 Cr. and Offer for sale being ₹ 171.38Cr.
The IPO allotment date for Zaggle Prepaid Ocean Services IPO is expected to be 22nd September 2023, after the finalization of basis of allotment. Investors can check Zaggle Prepaid Ocean Services IPO allotment status on the registrars website, Kfin Technologies Limited . Zaggle Prepaid Ocean Services IPO refund dates are 25th September 2023.
Zaggle Prepaid Ocean Services IPO is expected to be listed on 22nd September 2023.
The upper price band for the Zaggle Prepaid Ocean Services IPO is set at ₹ 164.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Zaggle Prepaid Ocean Services IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Zaggle Prepaid Ocean Services IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 18th September 2023. After submission, funds are blocked until the basis of allotment of Zaggle Prepaid Ocean Services IPO is finalised.
The merchant banker for Zaggle Prepaid Ocean Services IPO is Equirus Capital Private Limited , ICICI Securities Limited , Iifl Securities Limited , Jm Financial Limited . Equirus Capital Private Limited , ICICI Securities Limited , Iifl Securities Limited , Jm Financial Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Zaggle Prepaid Ocean Services IPO RHP for further details.
The registrar for Zaggle Prepaid Ocean Services IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Zaggle Prepaid Ocean Services IPO through their official website or helpline.
Zaggle Prepaid Ocean Services IPO was subscribed 12.86 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 563.38 Cr.
Avg IPO Size (Sector Based)
:
₹ 642.93 Cr.
Sector: Information Technology - SaaS
IPO so far:
6
Merchant Banker:
Equirus Capital
IPO by BRLM so far:
27
City:
Rangareddi
IPO so far:
1
Revenue (annualised):
₹ 553.46 cr.
PE
Ratio:
0.00x
Average Sector PE Ratio: 29.22x
Zaggle Prepaid Ocean Services IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Zaggle Prepaid Ocean Services Financial Review Page
Merchant Banker(s) of Zaggle Prepaid Ocean Services IPO: Equirus Capital Private Limited , ICICI Securities Limited , Iifl Securities Limited , Jm Financial Limited
Zaggle Prepaid Ocean Services IPO subscription was 12.86 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Zaggle Prepaid Ocean Services IPO listed at a listing price of 158.30 against the offer price of 164.00.
The current market price of Zaggle Prepaid Ocean Services is 434.05.
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