R R Kabel IPO vs Zaggle Prepaid Ocean IPO

Comparison between R R Kabel IPO and Zaggle Prepaid Ocean IPO.

IPO Details

R R Kabel 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 R R Kabel IPO is up to ₹1,964.01 Cr whereas the issue size of the Zaggle Prepaid Ocean IPO is up to ₹563.38 Cr. The final issue price of R R Kabel IPO is ₹1,035.00 per share and of Zaggle Prepaid Ocean IPO is ₹164.00 per share.

 R R Kabel IPOZaggle Prepaid Ocean IPO
Face Value₹5 per share₹1 per share
Issue Price (Lower)₹983.00 per share₹156.00 per share
Issue Price (Upper)₹1,035.00 per share₹164.00 per share
Issue Price (Final)₹1,035.00 per share₹164.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹98.00 per share
Market Lot Size14 shares90 shares
Fresh Issue Size17,50,031 shares2,39,02,439 shares
Fresh Issue Size (Amount)up to ₹181.03 Crup to ₹392.00 Cr
OFS Issue Size1,72,36,682 shares1,04,49,816 shares
OFS Issue Size (Amount)up to ₹1,782.98 Crup to ₹171.38 Cr
Issue Size Total1,89,86,713 shares3,43,52,255 shares
Issue Size Total (Amount)up to ₹1,964.01 Crup to ₹563.38 Cr

IPO Timetable

R R Kabel IPO opens on Sep 13, 2023, while Zaggle Prepaid Ocean IPO opens on Sep 14, 2023. The closing date of R R Kabel IPO and Zaggle Prepaid Ocean IPO is Sep 15, 2023, and Sep 18, 2023, respectively.

 R R Kabel IPOZaggle Prepaid Ocean IPO
Anchor Bid DateSep 12, 2023Sep 13, 2023
Issue OpenSep 13, 2023Sep 14, 2023
Issue CloseSep 15, 2023Sep 18, 2023
Basis Of Allotment (Tentative)Sep 21, 2023Sep 22, 2023
Initiation of Refunds (Tentative)Sep 22, 2023Sep 25, 2023
Credit of Share (Tentative)Sep 25, 2023Sep 26, 2023
Listing date (Tentative)Sep 20, 2023Sep 22, 2023
Anchor Lockin End date 1Oct 21, 2023Oct 22, 2023
Anchor Lockin End date 2Dec 20, 2023Dec 21, 2023

Financials & KPIs

R R Kabel IPO P/E ratio is , as compared to Zaggle Prepaid Ocean IPO P/E ratio of 66.67.

 R R Kabel IPOZaggle Prepaid Ocean IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets2,633.622,050.641,715.111,545.36
Total Income5,633.644,432.222,745.942,505.54
Profit After Tax189.87213.94135.40122.40
NET Worth1,390.471,237.051,033.38875.07
Reserves and Surplus914.15781.31594.93459.23
Total Borrowing515.84521.11498.71395.29
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)66.4257.91
Promoter Shareholding (Post-Issue)62.77
P/E Ratio66.67
Market Cap₹11675.63 Cr.₹2002.00 Cr.
ROE14.22%46.98%
ROCE15.57%
Debt/Equity0.362.48
EPS₹17.09₹2.46
RoNW13.66%46.98%

Shares Offered

In the R R Kabel IPO Retail Individual Investors (RII) are offered 66,05,057 shares while in Zaggle Prepaid Ocean IPO retail investors are offered 66,05,057 shares. Qualified Institutional Buyers (QIB) are offered 37,77,593 shares in R R Kabel IPO and 1,03,05,677 shares in Zaggle Prepaid Ocean IPO.

 R R Kabel IPOZaggle Prepaid Ocean IPO
Anchor Investor Reservation56,58,201 shares1,54,58,515 shares
Market Maker Reservation
QIB37,77,593 shares1,03,05,677 shares
NII28,30,739 shares51,52,838 shares
RII66,05,057 shares34,35,225 shares
Employee1,15,261 shares
Others
Total1,89,86,851 shares3,43,52,255 shares

Bids Received (Subscription)

R R Kabel IPO subscribed 18.69x in total, whereas Zaggle Prepaid Ocean IPO subscribed 12.86x.

 R R Kabel IPOZaggle Prepaid Ocean IPO
QIB (times)52.26x16.94x
NII (times)13.23x9.16x
Big NII (times)15.68x10.36x
Small NII (times)8.33x6.76x
RII (times)2.13x6.15x
Employee (times)2.69x
Other (times)
Total (times)18.69x12.86x

Compare with others

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R R Kabel IPO Vs Zaggle Prepaid Ocean IPO