31 Mar 2023
Assets234.76
Total Income554.58
Profit After Tax22.90
NET Worth48.75
Reserves and Surplus39.36
Total Borrowing121.07
At a glance
Updated 2026-08-23Zaggle Prepaid Ocean Services is a Mainboard IPO with an issue size of ₹563.38 crore, proposed for listing on BSE, NSE. The offer opens on 14th Sep 2023 and closes on 18th Sep 2023. The issue structure includes a fresh issue of ₹392.00 crore and an offer-for-sale component of ₹171.38 crore. The current listing schedule points to 22nd Sep 2023.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹563.38 Cr
Fresh issue₹392.00 Cr
Offer for sale₹171.38 Cr
Face value₹1
Price band₹156.00–₹164.00
Allotment22nd Sep 2023
Listing22nd Sep 2023
Grey market
GMP page ↗Latest GMP₹11.00
GMP / upper price6.71%
Est. listing₹175.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens14th Sep 2023
Closes18th Sep 2023
Allotment22nd Sep 2023
Refund25th Sep 2023
Demat26th Sep 2023
Listing22nd Sep 2023
Subscription demand
Full bidding ↗Total12.86×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 90 | ₹14,760 |
Company
Incorporated2011
Use of proceeds
| Object | Amount |
|---|---|
| Expenditure towards Customer acquisition and retention | ₹300.00 Cr |
| Expenditure towards development of technology and products | ₹40.00 Cr |
| Repayment or prepayment of certain borrowings, in full or part, availed by our Company; and | ₹17.08 Cr |
| General corporate purposes | ₹5.10 Cr |
Financials
Full financials ↗Trend chart₹ crore
KPIs
| KPI |
|---|
| ROE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS2.46
Pre-IPO P/E66.67
Post-IPO P/E87.23
Promoter holding pre57.91%
Promoter holding post44.07%
Market cap₹2002.00 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| BRLMs’ fees and commissions (including underwriting commission) | ₹23.41 Cr |
| Selling commission payable to SCSBs for Bids directly procured by them and processing fees payable to SCSBs for Bids (other than Bids submitted by RIBs using the UPI Mechanism) procured by the members of the Syndicate, the Registered Brokers, CRTAs or CDPs and submitted to SCSBs for blocking, Bankers to the Offer, fees payable to the Sponsor Banks for Bids made by RIBs | ₹0.81 Cr |
| Selling commission and uploading charges payable to members of the Syndicate (including their Sub-Syndicate Members), RTAs, CDPs and Registered Brokers | — |
| Fees payable to the Registrar to the Offer | ₹0.03 Cr |
| Fees payable to Joint Statutory Auditors, independent chartered accountant and market research firms | ₹2.46 Cr |
| Others: Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses. | ₹3.42 Cr |
| Printing and stationery | ₹0.88 Cr |
| Advertising and marketing expenses | ₹2.72 Cr |
| Fee payable to legal counsel | ₹6.30 Cr |
| Miscellaneous | ₹1.56 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- ICICI Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.