91  Total SME IPOs listed in 2025

4,041.09 Crs.  Total funds raised in 2025

63  SME IPOs listed with Gain in 2025

28  SME IPOs listed with loss in 2025

91  Total SME IPOs listed in 2025

4,041.09 Crs.  Total funds raised in 2025

63  SME IPOs listed with Gain in 2025

28  SME IPOs listed with loss in 2025

91  Total SME IPOs listed in 2025

4,041.09 Crs.  Total funds raised in 2025

63  SME IPOs listed with Gain in 2025

28  SME IPOs listed with loss in 2025

91  Total SME IPOs listed in 2025

4041.09 Crs.  Total funds raised in 2,025.00

63  SME IPOs listed with Gain in 2025

28  SME IPOs listed with loss in 2025

Zaggle Prepaid Ocean Services Limited IPO Analysis

Zaggle Prepaid Ocean Services IPO is a Book Building 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 posted revenues of ₹ 554.58 crores and PAT of ₹ 22.90 crores in FY25 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 553.46 Cr.
            EBITDA: ₹ 48.09 Cr.
            PAT: ₹ 22.90 Cr.
  • EBITDA Margin: 8.69 %
            Pat Margin: 4.14 %
  • Net Worth: ₹ 48.75 Cr.
  • Market Capitalisation: ₹ 2002.00 Cr.
  • P/E: [●]
  • P/BV: 3.27 times
  • EV/EBITDA: 43.74 times
Nature of IPO : MainBoard
Exchange : BSE,NSE
IPO Type : Book Building

Zaggle Prepaid IPO Financial Performance (Restated)

Financial results of Zaggle Prepaid Ocean Services IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials FY23 FY22 FY21
Balance Sheet
Assets 234.75 92.65 62.08
Net Worth 48.75 -3.55 -45.55
Total Debt 121.07 64.47 69.08
Profit & Loss
Revenue
Revenue on annualised basis
553.46 371.25 239.96
EBITDA
EBITDA on annualised basis
48.09 59.85 27.62
PAT
PAT on annualised basis
22.90 41.92 19.33
Financials
FY23
FY22
FY21
Balance Sheet
Assets
234.75
92.65
62.08

Net Worth
48.75
-3.55
-45.55

Total Debt
121.07
64.47
69.08

Profit & Loss
Revenue
Revenue on annualised basis
553.46
553.46
371.25
239.96

EBITDA
EBITDA on annualised basis
48.09
48.09
59.85
27.62

PAT
PAT on annualised basis
22.90
22.90
41.92
19.33

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

Zaggle Prepaid IPO Key performance Indicators (KPI)

Zaggle Prepaid Ocean Services IPO PAT Margin is 4.14 % , ROCE (Return on Capital Employed) is 45.00 % as per latest financial. The below table shows Zaggle Prepaid Ocean Services IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars FY23 FY22 FY21
EBITDA Margin (%) 8.69 16.12 11.51
PAT Margin (%) 4.14 11.29 8.06
EPS (₹) 2.48 4.57 2.11
ROE (%) 46.97 - -
ROCE (%) 45.00 129.00 -141.00
ROA (%) 9.76 45.25 31.14
Debt to Equity 2.48 -18.16 -1.52
Particulars
FY23
FY22
FY21

EBITDA Margin (%)
8.69
16.12
11.51

PAT Margin (%)
4.14
11.29
8.06

EPS (₹)
2.48
4.57
2.11

ROE (%)
46.97
-
-

ROCE (%)
45.00
129.00
-141.00

ROA (%)
9.76
45.25
31.14

Debt to Equity (x)  
2.48
-18.16
-1.52

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

Zaggle Prepaid Ocean Services IPO Valuation Metrics

The market Capitalisation of Zaggle Prepaid Ocean Services IPO is ₹ 2002.00 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (₹ Cr.):
2002.00

Enterprise Value (EV) (₹ Cr.):
2,103.49

EV/EBITDA (times) :
43.74

PE Multiple (times) :
0.00

P/B (times) :
3.27

NAV (₹) :
5.29

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

What are the key financial metrics in Zaggle Prepaid prospectus?

The Zaggle Prepaid Ocean Services IPO prospectus highlights an Return on Equity (ROE) of 46.97 % , Return on Assets (ROA) of 9.76 %, and an EBITDA Margin of 8.69 %, showcasing financial performance.

How do profitability ratios impact the evaluation of Zaggle Prepaid IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Zaggle Prepaid Ocean Services IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for Zaggle Prepaid IPO ?

The post-IPO market capitalisation of Zaggle Prepaid Ocean Services IPO is ₹ 2002.00 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of Zaggle Prepaid IPO?

The Zaggle Prepaid Ocean Services IPO has a Price-to-Earnings (PE) ratio of [●], indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of Zaggle Prepaid Ocean Services IPO?

Zaggle Prepaid Ocean Services IPO reported revenue of ₹ 554.58 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Zaggle Prepaid Ocean Services IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Zaggle Prepaid Ocean Services IPO?

Zaggle Prepaid Ocean Services recorded an EBITDA of ₹ 48.09 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Zaggle Prepaid Ocean Services IPO?

Zaggle Prepaid Ocean Services Profit After Tax (PAT) is ₹ 22.90 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 553.46 Cr.
            EBITDA: ₹ 48.09 Cr.
            PAT: ₹ 22.90 Cr.
  • EBITDA Margin: 8.69 %
            Pat Margin: 4.14 %
  • Net Worth: ₹ 48.75 Cr.
  • Market Capitalisation: ₹ 2002.00 Cr.
  • P/E: [●]
  • P/BV: 3.27 times
  • EV/EBITDA: 43.74 times

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

Zaggle Prepaid Ocean Services operates in Information Technology - SaaS and Diversified Offerings Of Fintech Products And Related Services.. The Issue is listed on BSE,NSE in Sep, 2023. Zaggle Prepaid Ocean Services IPO size was 563.38 with Issue price of 164.00 .

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 412.90.

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