Exchanges
BSE, NSE
Industry
IT Enabled Services
Issue
Book building

Zaggle Prepaid Ocean Services IPO

₹158.35

−3.45% on listing

Listing-day close · NSE · 22 Sep 2023 · issue price ₹164

Zaggle Prepaid Ocean Services’ ₹563 crore IPO was priced at ₹164 a share. It listed on the NSE on 22 Sep 2023 and closed its first day at ₹158.35, down 3.45% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹563 Cr
Fresh issue
₹392 Cr
Offer for sale
₹171 Cr
Lot size
90 shares
Minimum investment
₹14,760
Face value
₹1
Registrar
Kfin Technologies

Subscription

Zaggle Prepaid Ocean Services IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—7.55×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹2,002 Cr
P/E (post-issue)
87.2
ROE
46.98%
Debt to equity
2.48
PAT margin
4.14%
Promoter holding
57.91% → 44.07%

From the offer documents.

Listing

Listing date
22 Sep 2023
Issue price
₹164
Open
₹164.00
High
₹176.00
Low
₹155.30
Close
₹158.35

Listing day on the NSE. The close was −3.45% on the issue price.

ZAGGLE share price today

FAQs

When did the Zaggle Prepaid Ocean Services IPO open and close?

It opened on 14 Sep 2023 and closed on 18 Sep 2023.

What was the Zaggle Prepaid Ocean Services IPO price?

The price band was ₹156–164 a share. The final issue price was ₹164.

What is the lot size and minimum investment?

One lot is 90 shares, ₹14,760 at ₹164 a share. Retail investors apply in whole lots.

How much did Zaggle Prepaid Ocean Services raise?

₹563 crore: ₹392 crore of new shares and ₹171 crore offered by existing shareholders.

How many times was the Zaggle Prepaid Ocean Services IPO subscribed?

7.55 times overall.

How did Zaggle Prepaid Ocean Services list?

It listed on the NSE on 22 Sep 2023 at ₹164.00 and closed the day at ₹158.35, down 3.45% on the ₹164 issue price.

Who is the registrar of the Zaggle Prepaid Ocean Services IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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