R R Kabel IPO vs Zaggle Prepaid Ocean Services IPO

Comparision between R R Kabel IPO and Zaggle Prepaid Ocean Services IPO.

IPO Details

R R Kabel IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Zaggle Prepaid Ocean Services IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	R R Kabel IPO	Zaggle Prepaid Ocean Services IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Capital Limited Citigroup Global Markets India Private Limited Hsbc Securities & Capital Markets Pvt Ltd Jm Financial Limited	ICICI Securities Limited Equirus Capital Private Limited Iifl Securities Ltd Jm Financial Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

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 Services 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 Services IPO is ₹164.00 per share.

	R R Kabel IPO	Zaggle Prepaid Ocean Services 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)
Discount (Employee)	₹98.00 per share
Market Lot Size	14 shares	90 shares
Fresh Issue Size	17,39,131 shares	2,39,02,439 shares
Fresh Issue Size (Amount)	up to ₹180.00 Cr	up to ₹392.00 Cr
OFS Issue Size	1,72,36,808 shares	1,04,49,816 shares
OFS Issue Size (Amount)	up to ₹1,784.01 Cr	up to ₹171.38 Cr
Issue Size Total	1,89,75,939 shares	3,43,52,255 shares
Issue Size Total (Amount)	up to ₹1,964.01 Cr	up to ₹563.38 Cr

IPO Timetable

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

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

Financials

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

R R Kabel IPO

Zaggle Prepaid Ocean Services IPO

Financial

R R Kabel IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,545.36	1,715.11	2,050.64	2,633.62
Revenue	2,505.54	2,745.94	4,432.22	5,633.64
Profit After Tax	122.40	135.40	213.94	189.87
Net Worth	875.07	1,033.38	1,237.05	1,390.47
Reserves and Surplus	459.23	594.93	781.31	914.15
Total Borrowing	395.29	498.71	521.11	515.84

Amount in ₹ Crore

Zaggle Prepaid Ocean Services IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2023
Assets	234.76
Revenue	554.58
Profit After Tax	22.90
Net Worth	48.75
Reserves and Surplus	39.36
Total Borrowing	121.07

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

66.42%

57.91%

Promoter Shareholding (Post-Issue)

62.77%

P/E Ratio

66.67

Market Cap

₹11675.63 Cr.

₹2002.00 Cr.

ROE

14.22%%

46.98%%

ROCE

15.57%%

Debt/Equity

0.36

2.48

EPS

₹17.09

₹2.46

RoNW

13.66%%

46.98%%

Shares Offered

In the R R Kabel IPO retail investors (RII) are offered 66,01,237 shares while in Zaggle Prepaid Ocean Services IPO retail investors are offered 66,01,237 shares. Qualified institutional buyers (QIB) are offered 37,72,137 shares in R R Kabel IPO and 1,03,05,677 shares in Zaggle Prepaid Ocean Services IPO.

	R R Kabel IPO	Zaggle Prepaid Ocean Services IPO
Anchor Investor Reserveration	56,58,201 shares	1,54,58,515 shares
Market Maker Reserveration
QIB	37,72,137 shares	1,03,05,677 shares
NII	28,29,102 shares	51,52,838 shares
RII	66,01,237 shares	34,35,225 shares
Employee	1,15,261 shares	0 shares
Others
Total	1,33,17,737 shares	1,88,93,740 shares

Bids Received (Subscription)

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

	R R Kabel IPO	Zaggle Prepaid Ocean Services IPO
QIB (times)	52.26x	16.94x
NII (times)	13.23x	9.16x
Big NII (times)	15.68x	10.36x
Small NII (times)	8.33x	6.76x
RII (times)	2.13x	6.15x
Employee (times)	2.69x
Other (times)
Total (times)	18.69x	12.86x

Compare with others

R R Kabel IPO	Zaggle Prepaid Ocean Services IPO
Manoj Vaibhav Gems 'N' Jewellers IPO	Valiant Laboratories IPO
JSW Infrastructure IPO	Manoj Vaibhav Gems 'N' Jewellers IPO
Sai Silks (Kalamandir) IPO	JSW Infrastructure IPO
Yatra Online IPO	Sai Silks (Kalamandir) IPO
Zaggle Prepaid Ocean Services IPO	Yatra Online IPO
SAMHI Hotels IPO	R R Kabel IPO
EMS IPO	SAMHI Hotels IPO
Jupiter Life Line Hospitals IPO	EMS IPO
Rishabh Instruments IPO	Jupiter Life Line Hospitals IPO
Ratnaveer Precision Engineering IPO	Rishabh Instruments IPO

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