JSW Infrastructure IPO vs Zaggle Prepaid Ocean IPO

Comparison between JSW Infrastructure IPO and Zaggle Prepaid Ocean IPO.

IPO Details

JSW Infrastructure IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Zaggle Prepaid Ocean IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of JSW Infrastructure IPO is up to ₹2,800.00 Cr whereas the issue size of the Zaggle Prepaid Ocean IPO is up to ₹563.38 Cr. The final issue price of JSW Infrastructure IPO is ₹119.00 per share and of Zaggle Prepaid Ocean IPO is ₹164.00 per share.

 JSW Infrastructure IPOZaggle Prepaid Ocean IPO
Face Value₹2 per share₹1 per share
Issue Price (Lower)₹113.00 per share₹156.00 per share
Issue Price (Upper)₹119.00 per share₹164.00 per share
Issue Price (Final)₹119.00 per share₹164.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size126 shares90 shares
Fresh Issue Size23,52,94,117 shares2,39,02,439 shares
Fresh Issue Size (Amount)up to ₹2,800.00 Crup to ₹392.00 Cr
OFS Issue Size0 shares1,04,49,816 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹171.38 Cr
Issue Size Total23,52,94,117 shares3,43,52,255 shares
Issue Size Total (Amount)up to ₹2,800.00 Crup to ₹563.38 Cr

IPO Timetable

JSW Infrastructure IPO opens on Sep 25, 2023, while Zaggle Prepaid Ocean IPO opens on Sep 14, 2023. The closing date of JSW Infrastructure IPO and Zaggle Prepaid Ocean IPO is Sep 27, 2023, and Sep 18, 2023, respectively.

 JSW Infrastructure IPOZaggle Prepaid Ocean IPO
Anchor Bid DateSep 22, 2023Sep 13, 2023
Issue OpenSep 25, 2023Sep 14, 2023
Issue CloseSep 27, 2023Sep 18, 2023
Basis Of Allotment (Tentative)Sep 28, 2023Sep 22, 2023
Initiation of Refunds (Tentative)Sep 28, 2023Sep 25, 2023
Credit of Share (Tentative)Sep 29, 2023Sep 26, 2023
Listing date (Tentative)Oct 03, 2023Sep 22, 2023
Anchor Lockin End date 1Oct 28, 2023Oct 22, 2023
Anchor Lockin End date 2Dec 27, 2023Dec 21, 2023

Financials & KPIs

JSW Infrastructure IPO P/E ratio is 29.67, as compared to Zaggle Prepaid Ocean IPO P/E ratio of 66.67.

 JSW Infrastructure IPOZaggle Prepaid Ocean IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets9,450.669,429.468,254.557,191.85
Total Income3,372.852,378.741,678.261,237.37
Profit After Tax749.51330.44284.62196.53
NET Worth3,934.643,212.132,831.182,488.23
Reserves and Surplus3,645.753,208.982,829.842,486.53
Total Borrowing4,243.704,408.693,945.823,102.57
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 2023
Assets234.76
Total Income554.58
Profit After Tax22.90
NET Worth48.75
Reserves and Surplus39.36
Total Borrowing121.07
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.4257.91
Promoter Shareholding (Post-Issue)85.61
P/E Ratio29.6766.67
Market Cap₹24990.00 Cr.₹2002.00 Cr.
ROE18.33%46.98%
ROCE19.49%
Debt/Equity2.48
EPS₹4.12₹2.46
RoNW18.80%46.98%

Shares Offered

In the JSW Infrastructure IPO Retail Individual Investors (RII) are offered 2,35,29,411 shares while in Zaggle Prepaid Ocean IPO retail investors are offered 2,35,29,411 shares. Qualified Institutional Buyers (QIB) are offered 7,05,88,237 shares in JSW Infrastructure IPO and 1,03,05,677 shares in Zaggle Prepaid Ocean IPO.

 JSW Infrastructure IPOZaggle Prepaid Ocean IPO
Anchor Investor Reservation10,58,82,352 shares1,54,58,515 shares
Market Maker Reservation
QIB7,05,88,237 shares1,03,05,677 shares
NII3,52,94,117 shares51,52,838 shares
RII2,35,29,411 shares34,35,225 shares
Employee
Others
Total23,52,94,117 shares3,43,52,255 shares

Bids Received (Subscription)

JSW Infrastructure IPO subscribed 39.36x in total, whereas Zaggle Prepaid Ocean IPO subscribed 12.86x.

 JSW Infrastructure IPOZaggle Prepaid Ocean IPO
QIB (times)60.12x16.94x
NII (times)16.83x9.16x
Big NII (times)17.94x10.36x
Small NII (times)14.62x6.76x
RII (times)10.87x6.15x
Employee (times)
Other (times)
Total (times)39.36x12.86x

Compare with others

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JSW Infrastructure IPO Vs Zaggle Prepaid Ocean IPO