Sharescart Research Club logo
Apollo Green 56 (-6.7%)ASK Investment 925 (0%)Axles India 525 (0%)CIAL 444 (1.4%)CSK 262 (-2.2%)ESDS Software 465 (3.8%)Garuda Aerospace 478 (-1.4%)India Carbon 895 (0%)Indian Potash 2850 (0%)Inox Clean 725 (0%)Insolare Energy 185 (0%)Lava 52 (0%)Matrix Gas 15 (-6.2%)Motilal Oswal 12.5 (-3.5%)MSEI 6.5 (4%)NCDEX 374 (-6%)NeRL 56 (-3.4%)NSE 2025 (3.1%)OYO 24 (0%)OYO Assets 9.95 (-17.1%)Pharmeasy 6.25 (0%)Philips India 1250 (0%)Polymatech Electronics 58 (-6.5%)RRP S4E 158 (-6%)SBI Mutual 775 (0%)Taparia Tools 6050 (0%)Ticker Ltd 32 (0%)Zepto 42 (-14.3%)

15 Days Price Change

Zaggle Prepaid Ocean IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds
Profile
Issue Size --
Profile
Price Range 156  to  164 per share
Profile
Min Investment ₹164
Profile
Lot Size 1
Profile
Face Value ₹1
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Zaggle Prepaid Ocean Services Ltd is a dynamic and innovative company at the forefront of the financial technology and payment solutions industry. With a mission to simplify financial transactions, Zaggle specializes in prepaid and digital payment services. The company leverages cutting-edge technology to provide seamless, secure, and efficient payment solutions for businesses and consumers alike. Zaggle's prepaid solutions empower organizations to streamline expenses, manage employee benefits, and enhance customer loyalty through customized prepaid cards and digital platforms. Their commitment to innovation, coupled with a customer-centric approach, has positioned them as a trusted partner for businesses seeking modern payment solutions. In a rapidly evolving financial landscape, Zaggle Prepaid Ocean Services Ltd stands out for its dedication to convenience, security, and adaptability, making it a leading player in the digital payment industry. Read More

Basic Info

Face Value 1 per share

Price 156  to  164 per share

P/E (x) 23.4

Sales( Cr.) 1304

PAT( Cr.) 88

EPS 7

Draft Prospectus

Exchange BSE-NSE

Promoter

Company Promoters

Mr. Raj P Narayanam Mr. Avinash Ramesh Godkhindi

Pre Issue Share Holding 35.59%

Post Issue Share Holding 30.98%

Listing Details:

Listing Price: 162

Listing Gain: -1.23%

Current Price: 210.6

Gain On Issue: 210.6 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 14, 2023
Closing Date Sep 18, 2023
Allotment Sep 19, 2023
Refund Sep 20, 2023
Delivery of Shares Sep 20, 2023
Listing Date Sep 21, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 90 14,760
Retail (Max) 13 1170 191,880
S-HNI (Min) 14 1260 206,640
S-HNI (Max) 67 6030 988,920
B-HNI (Min) 68 6120 1,003,680

Objective of the Issue

1. Expenditure towards Customer acquisition and retention. 2. Expenditure towards the development of technology and products. 3. Repayment/ pre-payment of certain borrowings, in full or part, availed by the company. 4. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 25764191 436445396 16.9x
NII 5152838 47199996 9.2x
Retail 3435226 21126640 6.2x
EMP 0 0 0x
Total 34352255 441769999 12.9x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Zaggle Prepaid Ocean Profit & Loss

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 553 776 1304
Other Income 3 11 27
Total Income 556 787 1331
Total Expenditure 507 705 1190
Operating Profit 49 82 141
Interest 11 14 8
Depreciation 6 8 15
Exceptional Income / Expenses 0 0 0
Profit Before Tax 32 60 118
Provision for Tax 9 16 31
Profit After Tax 23 44 88
Adjustments 0 0 0
Profit After Adjustments 23 44 88
Adjusted Earnings Per Share 2.5 3.6 6.6

Zaggle Prepaid Ocean Balance Sheet

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 49 575 1248
Minority's Interest 0 0 1
Borrowings 51 15 3
Other Non-Current Liabilities 16 8 9
Total Current Liabilities 121 95 53
Total Liabilities 237 693 1314
Fixed Assets 29 23 142
Other Non-Current Assets 29 84 119
Total Current Assets 180 586 1053
Total Assets 237 693 1314

Zaggle Prepaid Ocean Cash Flow

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 20 8
Cash Flow from Operating Activities -16 -83 20
Cash Flow from Investing Activities -18 -332 -486
Cash Flow from Financing Activities 53 403 496
Net Cash Inflow / Outflow 19 -12 30
Closing Cash & Cash Equivalent 20 8 38

Zaggle Prepaid Ocean Ratios

# Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.48 3.59 6.55
CEPS(Rs) 3.16 4.28 7.65
DPS(Rs) 0 0 0
Book NAV/Share(Rs) 3.72 45.67 91.98
Core EBITDA Margin(%) 8.41 9.11 8.75
EBIT Margin(%) 7.78 9.48 9.67
Pre Tax Margin(%) 5.72 7.71 9.08
PAT Margin (%) 4.14 5.68 6.74
Cash Profit Margin (%) 5.26 6.75 7.88
ROA(%) 9.65 9.46 8.76
ROE(%) 66.69 14.83 9.8
ROCE(%) 25.36 17.97 13.24
Receivable days 67.7 65.24 54.56
Inventory Days 0.06 0.11 0.1
Payable days 1919.53 1661.82 717.65
PER(x) 0 79.99 54.96
Price/Book(x) 0 6.29 3.91
Dividend Yield(%) 0 0 0
EV/Net Sales(x) 0.19 4.27 3.21
EV/Core EBITDA(x) 2.19 40.47 29.73
Net Sales Growth(%) 0 40.14 68.1
EBIT Growth(%) 0 70.83 71.47
PAT Growth(%) 0 92.22 99.68
EPS Growth(%) 0 44.72 82.28
Debt/Equity(x) 3.53 0.13 0.01
Current Ratio(x) 1.48 6.18 20.06
Quick Ratio(x) 1.48 6.18 20.05
Interest Cover(x) 3.77 5.34 16.36
Total Debt/Mcap(x) 0 0.02 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 68% 0% 0% 0%
Operating Profit CAGR 72% 0% 0% 0%
PAT CAGR 100% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -50% NA% NA% NA%
ROE Average 10% 30% 30% 30%
ROCE Average 13% 19% 19% 19%

Company Contact Information

Zaggle Prepaid Ocean Services Ltd.

15th Floor, Western Block Vamsiram – Suvarna Durga Tech Park, Nanakramguda Village Serilingampally Mandal, G H M C Serilingampally Circle

IPO Lead Manager(s)

Zaggle Prepaid Ocean Services Ltd.

Equirus Capital Pvt Ltd

ICICI Securities Ltd

IIFL Securities Ltd.

JM Financial Ltd.

Registrar Info

Zaggle Prepaid Ocean Services Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp