Yatra Online IPO vs Zaggle Prepaid Ocean Services IPO

Comparision between Yatra Online IPO and Zaggle Prepaid Ocean Services IPO.

IPO Details

Yatra Online 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.

	Yatra Online 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	SBI Capital Markets Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Iifl Securities Ltd	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 Yatra Online IPO is up to ₹775.00 Cr whereas the issue size of the Zaggle Prepaid Ocean Services IPO is up to ₹563.38 Cr. The final issue price of Yatra Online IPO is ₹142.00 per share and of Zaggle Prepaid Ocean Services IPO is ₹164.00 per share.

	Yatra Online IPO	Zaggle Prepaid Ocean Services IPO
Face Value	₹1 per share	₹1 per share
Issue Price (Lower)	₹135.00 per share	₹156.00 per share
Issue Price (Upper)	₹142.00 per share	₹164.00 per share
Issue Price (Final)	₹142.00 per share	₹164.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	105 shares	90 shares
Fresh Issue Size	4,23,94,366 shares	2,39,02,439 shares
Fresh Issue Size (Amount)	up to ₹602.00 Cr	up to ₹392.00 Cr
OFS Issue Size	1,21,83,099 shares	1,04,49,816 shares
OFS Issue Size (Amount)	up to ₹173.00 Cr	up to ₹171.38 Cr
Issue Size Total	5,45,77,465 shares	3,43,52,255 shares
Issue Size Total (Amount)	up to ₹775.00 Cr	up to ₹563.38 Cr

IPO Timetable

Yatra Online IPO opens on Sep 15, 2023, while Zaggle Prepaid Ocean Services IPO opens on Sep 14, 2023. The closing date of Yatra Online IPO and Zaggle Prepaid Ocean Services IPO is Sep 20, 2023, and Sep 18, 2023, respectively.

	Yatra Online IPO	Zaggle Prepaid Ocean Services IPO
Anchor Bid Date	Sep 14, 2023	Sep 13, 2023
Issue Open	Sep 15, 2023	Sep 14, 2023
Issue Close	Sep 20, 2023	Sep 18, 2023
Basis Of Allotment (Tentative)	Sep 25, 2023	Sep 22, 2023
Initiation of Refunds (Tentative)	Sep 26, 2023	Sep 25, 2023
Credit of Share (Tentative)	Sep 27, 2023	Sep 26, 2023
Listing date (Tentative)	Sep 28, 2023	Sep 22, 2023
Anchor Lockin End date 1	Oct 25, 2023	Oct 22, 2023
Anchor Lockin End date 2	Dec 24, 2023	Dec 21, 2023

Financials

Yatra Online IPO P/E ratio is 205.8, as compared to Zaggle Prepaid Ocean Services IPO P/E ratio of 66.67.

Yatra Online IPO

Zaggle Prepaid Ocean Services IPO

Financial

Yatra Online IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	562.91	547.78	681.25
Revenue	143.62	218.81	397.47
Profit After Tax	-118.86	-30.79	7.63
Net Worth	123.49	100.93	169.52
Reserves and Surplus
Total Borrowing	13.11	35.86	153.07

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)

98.59%

57.91%

Promoter Shareholding (Post-Issue)

64.46

P/E Ratio

205.8

66.67

Market Cap

₹2228.21 Cr.

₹2002.00 Cr.

ROE

18.1%%

46.98%%

ROCE

26.0%%

Debt/Equity

0.9

2.48

EPS

₹0.69

₹2.46

RoNW

4.50%%

46.98%%

Shares Offered

In the Yatra Online IPO retail investors (RII) are offered 54,57,746 shares while in Zaggle Prepaid Ocean Services IPO retail investors are offered 54,57,746 shares. Qualified institutional buyers (QIB) are offered 1,63,73,239 shares in Yatra Online IPO and 1,03,05,677 shares in Zaggle Prepaid Ocean Services IPO.

	Yatra Online IPO	Zaggle Prepaid Ocean Services IPO
Anchor Investor Reserveration	2,45,59,860 shares	1,54,58,515 shares
Market Maker Reserveration
QIB	1,63,73,239 shares	1,03,05,677 shares
NII	81,86,619 shares	51,52,838 shares
RII	54,57,746 shares	34,35,225 shares
Employee	0 shares	0 shares
Others
Total	3,00,17,604 shares	1,88,93,740 shares

Bids Received (Subscription)

Yatra Online IPO subscribed 1.66x in total, whereas Zaggle Prepaid Ocean Services IPO subscribed 12.86x.

	Yatra Online IPO	Zaggle Prepaid Ocean Services IPO
QIB (times)	2.10x	16.94x
NII (times)	0.43x	9.16x
Big NII (times)	0.51x	10.36x
Small NII (times)	0.28x	6.76x
RII (times)	2.19x	6.15x
Employee (times)
Other (times)
Total (times)	1.66x	12.86x

Compare with others

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

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