Zaggle Prepaid Ocean IPO Subscription Details

Bookbuilding IPO | ₹563 Cr | Listed at BSE, NSE | Thu, Sep 14, 2023 - Mon, Sep 18, 2023

Basis of Allotment - Zaggle Prepaid Ocean IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)1,03,05,6771,54,58,5152,57,64,19217,17,61334,35,22551,52,83834,35,2253,43,52,255
Allotment price (Rs.)164164164164164164164164
No.of applications4423678,7695,41014,1791,88,8302,03,076
No.of shares applied17,41,39,6501,77,14,88019,18,54,5301,14,92,0103,55,61,0704,70,53,0802,04,01,74025,93,09,350
Amount collected (Rs.cr.)2,855.89 290.52 3,146.41 188.47 583.20 771.67 334.59 4,252.67
No.of times subscribed16.901.157.456.6910.359.135.947.55
No.of shares allotted1,03,05,6771,54,58,5152,57,64,19217,17,61334,35,22551,52,83834,35,2253,43,52,255
Amount (Rs.cr.)169.01 253.52 422.53 28.17 56.34 84.51 56.34 563.38
No.of allottees4423671,3632,7264,08938,16942,325

IPO Shares Offered

Zaggle Prepaid Ocean IPO is a public issue of 3.44 Cr equity shares. The issue offers 0.34 Cr shares to retail investors, 2.58 Cr shares to qualified institutional buyers, and 0.52 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 2,57,64,192422.53 75.00%
    Anchor 1,54,58,515 253.52 45.00%
    QIB (Ex Anchor) 1,03,05,677 169.01 30.00%
NII 51,52,83884.51 15.00%
    bNII (> ₹10L)34,35,22556.34 10.00%
    sNII (< ₹10L)17,17,61328.17 5.00%
Retail34,35,22556.34 10.00%
Total3,43,52,255563.38 100%

Zaggle Prepaid Ocean IPO Anchor Investor Allocation

A total of 1,54,58,515 shares at a price of Rs 164 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 13, 2023
Anchor investor price₹164.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days77,29,258
No. of shares locked-in for 90 days77,29,258
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 KOTAK LARGE & MIDCAP FUND KOTAK MAHINDRA MUTUAL FUND 14,32,980 23.50 9.27 4.17
2 NEUBERGER BERMAN EMERGING MARKETS EQUITY FUND NEUBERGER BERMAN 14,32,980 23.50 9.27 4.17
3 ICICI PRUDENTIAL TECHNOLOGY FUND ICICI PRUDENTIAL MUTUAL FUND 7,16,490 11.75 4.63 2.09
4 ICICI PRUDENTIAL BANKING & FINANCIAL SERVICES FUND ICICI PRUDENTIAL MUTUAL FUND 7,16,490 11.75 4.63 2.09
5 EASTSPRING INVESTMENTS-INDIA FUND EASTSPRING 9,14,670 15.00 5.92 2.66
6 LIC MF LARGE & MID CAP FUND LIC MUTUAL FUND 9,14,670 15.00 5.92 2.66
7 NATIXIS INTERNATIONAL FUNDS (LUX) I-LOOMIS SAYLES GLOBAL EMERGING MARKETS EQUITY FUND NATIXIS 9,14,670 15.00 5.92 2.66
8 ABAKKUS DIVERSIFIED ALPHA FUND ABAKKUS 9,14,670 15.00 5.92 2.66
9 TURNAROUND OPPORTUNITIES FUND TURNAROUND OPPORTUNITIES 9,14,670 15.00 5.92 2.66
10 ACM GLOBAL FUND VCC ACM 9,14,670 15.00 5.92 2.66
11 ELARA INDIA OPPORTUNITIES FUND LTD. ELARA 6,09,826 10.00 3.94 1.78
12 MORGAN STANLEY ASIA (SINGAPORE) PTE.-ODI MORGAN STANLEY 6,09,826 10.00 3.94 1.78
13 KOTAK ACTIVE MOMENTUM FUND KOTAK 4,87,890 8.00 3.16 1.42
14 MATTHEWS ASIA FUNDS-ASIA SMALL COMPANIES FUND MATTHEWS 4,87,890 8.00 3.16 1.42
15 VALUEQUEST SCALE FUND VALUEQUEST 4,87,890 8.00 3.16 1.42
16 BENGAL FINANCE & INVESTMENT PVT.LTD. BENGAL FINANCE & INVESTMENT 4,87,890 8.00 3.16 1.42
17 FOUNDERS COLLECTIVE FUND FOUNDERS COLLECTIVE FUND 4,87,890 8.00 3.16 1.42
18 ASTORNE CAPITAL VCC-ARVEN ASTORNE CAPITAL 4,87,890 8.00 3.16 1.42
19 ANANTA CAPITAL VENTURES FUND I ANANTA CAPITAL 3,04,913 5.00 1.97 0.89
20 COPTHALL MAURITIUS INVESTMENT LTD.-ODI ACCOUNT COPTHALL 3,04,913 5.00 1.97 0.89
21 VIKASA INDIA EIF I FUND VIKASA 3,04,912 5.00 1.97 0.89
22 SOCIETE GENERALE-ODI SOCIETE GENERAL 3,04,912 5.00 1.97 0.89
23 GOLDMAN SACHS (SINGAPORE) PTE.-ODI GOLDMAN SACHS 3,04,913 5.00 1.97 0.89
1,54,58,515253.5210045.00

IPO Subscription FAQs

The Zaggle Prepaid Ocean IPO is subscribed 12.86 times by Sep 18, 2023 19:02.

Zaggle Prepaid Ocean IPO Subscription

Investor Category Subscription (times)
Qualified Institutional16.94
Non Institutional9.16
Retail Individual6.15
Total Subscription12.86

Retail category of Zaggle Prepaid Ocean IPO subscribed 6.15 times as of date Sep 18, 2023 19:02. The public issue closes on Mon, Sep 18, 2023 for bidding.

An investor can apply in Zaggle Prepaid Ocean IPO online via bank (using ASBA) or the broker (using UPI). The Zaggle Prepaid Ocean IPO shares are offered online only.

The Zaggle Prepaid Ocean IPO is subscribed 12.86 times by Sep 18, 2023 19:02.

The Zaggle Prepaid Ocean IPO allotment status is expected on or around Friday, September 22, 2023. Visit Zaggle Prepaid Ocean IPO allotment status to check.

The Zaggle Prepaid Ocean IPO listing date is September 22, 2023. The equity share of Zaggle Prepaid Ocean IPO will list on BSE, NSE.

Visit Zaggle Prepaid Ocean IPO subscription status page for real-time bidding information about Zaggle Prepaid Ocean IPO.

Zaggle Prepaid Ocean IPO Timetable

IPO opens OnThursday, September 14, 2023
IPO Closes OnMonday, September 18, 2023
Finalisation of Basis of AllotmentFriday, September 22, 2023
Initiation of RefundsMonday, September 25, 2023
Credit of Shares to Demat AccountTuesday, September 26, 2023
IPO Listing DateFriday, September 22, 2023
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