Comparison between Valiant Laboratories IPO and Zaggle Prepaid Ocean IPO.
Valiant Laboratories 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.
The total issue size of Valiant Laboratories IPO is up to ₹152.46 Cr whereas the issue size of the Zaggle Prepaid Ocean IPO is up to ₹563.38 Cr. The final issue price of Valiant Laboratories IPO is ₹140.00 per share and of Zaggle Prepaid Ocean IPO is ₹164.00 per share.
| Valiant Laboratories IPO | Zaggle Prepaid Ocean IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹133.00 per share | ₹156.00 per share |
| Issue Price (Upper) | ₹140.00 per share | ₹164.00 per share |
| Issue Price (Final) | ₹140.00 per share | ₹164.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 105 shares | 90 shares |
| Fresh Issue Size | 1,08,90,000 shares | 2,39,02,439 shares |
| Fresh Issue Size (Amount) | up to ₹152.46 Cr | up to ₹392.00 Cr |
| OFS Issue Size | 0 shares | 1,04,49,816 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹171.38 Cr |
| Issue Size Total | 1,08,90,000 shares | 3,43,52,255 shares |
| Issue Size Total (Amount) | up to ₹152.46 Cr | up to ₹563.38 Cr |
Valiant Laboratories IPO opens on Sep 27, 2023, while Zaggle Prepaid Ocean IPO opens on Sep 14, 2023. The closing date of Valiant Laboratories IPO and Zaggle Prepaid Ocean IPO is Oct 03, 2023, and Sep 18, 2023, respectively.
| Valiant Laboratories IPO | Zaggle Prepaid Ocean IPO | |
|---|---|---|
| Anchor Bid Date | Sep 26, 2023 | Sep 13, 2023 |
| Issue Open | Sep 27, 2023 | Sep 14, 2023 |
| Issue Close | Oct 03, 2023 | Sep 18, 2023 |
| Basis Of Allotment (Tentative) | Oct 05, 2023 | Sep 22, 2023 |
| Initiation of Refunds (Tentative) | Oct 06, 2023 | Sep 25, 2023 |
| Credit of Share (Tentative) | Oct 06, 2023 | Sep 26, 2023 |
| Listing date (Tentative) | Oct 06, 2023 | Sep 22, 2023 |
| Anchor Lockin End date 1 | Nov 04, 2023 | Oct 22, 2023 |
| Anchor Lockin End date 2 | Jan 03, 2024 | Dec 21, 2023 |
Valiant Laboratories IPO P/E ratio is 15.71, as compared to Zaggle Prepaid Ocean IPO P/E ratio of 66.67.
| Valiant Laboratories IPO | Zaggle Prepaid Ocean IPO | |||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 57.91 | ||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.94 | |||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.71 | 66.67 | ||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹608.30 Cr. | ₹2002.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||
| ROE | 33.73% | 46.98% | ||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.76% | |||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.59 | 2.48 | ||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.91 | ₹2.46 | ||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 28.86% | 46.98% | ||||||||||||||||||||||||||||||||||||||||||||
In the Valiant Laboratories IPO Retail Individual Investors (RII) are offered 38,11,500 shares while in Zaggle Prepaid Ocean IPO retail investors are offered 38,11,500 shares. Qualified Institutional Buyers (QIB) are offered 21,78,030 shares in Valiant Laboratories IPO and 1,03,05,677 shares in Zaggle Prepaid Ocean IPO.
| Valiant Laboratories IPO | Zaggle Prepaid Ocean IPO | |
|---|---|---|
| Anchor Investor Reservation | 32,66,970 shares | 1,54,58,515 shares |
| Market Maker Reservation | ||
| QIB | 21,78,030 shares | 1,03,05,677 shares |
| NII | 16,33,500 shares | 51,52,838 shares |
| RII | 38,11,500 shares | 34,35,225 shares |
| Employee | ||
| Others | ||
| Total | 1,08,90,000 shares | 3,43,52,255 shares |
Valiant Laboratories IPO subscribed 29.76x in total, whereas Zaggle Prepaid Ocean IPO subscribed 12.86x.
| Valiant Laboratories IPO | Zaggle Prepaid Ocean IPO | |
|---|---|---|
| QIB (times) | 20.83x | 16.94x |
| NII (times) | 73.64x | 9.16x |
| Big NII (times) | 78.64x | 10.36x |
| Small NII (times) | 63.64x | 6.76x |
| RII (times) | 16.06x | 6.15x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 29.76x | 12.86x |
