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Zaggle Prepaid Ocean Services Limited IPO Subscriptions Status Live Today

 

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Zaggle Prepaid Ocean Services Limited IPO

September 14, 2023 - September 18, 2023 Closed

Zaggle Prepaid Ocean Services Limited IPO Details

Issue Open

14 September 2023

Issue Close

18 September 2023

IPO Price

₹156 - ₹164 per equity share

Face Value

₹1 per equity share

IPO Size

₹563.38 Cr.

Listing At

NSE, BSE

IPO Lot Size

90 Shares

IPO Investor Categories



• Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs are required to meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO, and they are allowed to bid for shares at a price lower than the price at which shares are offered to retail investors.



• Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.


NII category has two subcategories:


1. sNII - "sNII" stands for "Small Non-Institutional Investor." This subcategory includes investors who have bid for shares worth between Rs. 2 lakhs and Rs. 10 lakhs in an IPO.



2. bNII - "bNII" stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.



• Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO, aimed at encouraging retail participation in the IPO process.


• Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.

• Others- A category of eligible shareholders or other investors who have a reserved quota in the IPO.



Frequently Asked Question

Market lot size of the Zaggle Prepaid Ocean Services Limited IPO is 38 shares.
Zaggle Prepaid Ocean Services Limited IPO will get listed on October 03, 2023.
Zaggle Prepaid Ocean Services Private Limited IPO is going to open on 20 September 2023.
Zaggle prepaid ocean services pvt ltd shares will get listed at NSE and BSE.
Face value of equity shares of Zaggle Prepaid Ocean Services Limited IPO is ₹1.
Price of 1 share of Zaggle Prepaid Ocean Services Limited IPO is ₹366 - ₹385.
The meaning of " Zaggle Prepaid Ocean Services Limited IPO " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Zaggle Prepaid Ocean Services Limited IPO on the current day.
You will receive the allotted shares in your Demat account on September 27, 2023.
Link Intime India Private Limited the registrar of zaggle prepaid ocean services pvt.ltd.
An IPO prospectus is a document that provides detailed information about the company, its financials, risks, and the offering. It is used to inform potential investors.
If you do not get the allotment of Zaggle Prepaid Ocean Services Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Pre-issue shareholdings of Zaggle Prepaid Ocean Services Limited IPO promoters are 78.36%
Post-issue shareholdings of Zaggle Prepaid Ocean Services Limited IPO promoters are 69.63%.
Zaggle Prepaid Ocean Services Limited IPO will be closed on 22 September 2023.
The IPO price is typically determined through a combination of company valuation, market conditions, and investor demand. The underwriters play a key role in setting the final price.
You can apply for an IPO from any place by using the internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stock broker. You can invest in Zaggle Prepaid Ocean Services Limited IPO by using any one of these methods at your convenience.
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