EMS IPO vs Zaggle Prepaid Ocean Services IPO

Comparision between EMS IPO and Zaggle Prepaid Ocean Services IPO.

IPO Details

EMS 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.

	EMS 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	Khambatta Securities Limited	ICICI Securities Limited Equirus Capital Private Limited Iifl Securities Ltd Jm Financial Limited
Registrar	Kfin Technologies Limited	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 EMS IPO is up to ₹321.24 Cr whereas the issue size of the Zaggle Prepaid Ocean Services IPO is up to ₹563.38 Cr. The final issue price of EMS IPO is ₹211.00 per share and of Zaggle Prepaid Ocean Services IPO is ₹164.00 per share.

	EMS IPO	Zaggle Prepaid Ocean Services IPO
Face Value	₹10 per share	₹1 per share
Issue Price (Lower)	₹200.00 per share	₹156.00 per share
Issue Price (Upper)	₹211.00 per share	₹164.00 per share
Issue Price (Final)	₹211.00 per share	₹164.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	70 shares	90 shares
Fresh Issue Size	69,30,806 shares	2,39,02,439 shares
Fresh Issue Size (Amount)	up to ₹146.24 Cr	up to ₹392.00 Cr
OFS Issue Size	82,94,118 shares	1,04,49,816 shares
OFS Issue Size (Amount)	up to ₹175.00 Cr	up to ₹171.38 Cr
Issue Size Total	1,52,24,924 shares	3,43,52,255 shares
Issue Size Total (Amount)	up to ₹321.24 Cr	up to ₹563.38 Cr

IPO Timetable

EMS IPO opens on Sep 08, 2023, while Zaggle Prepaid Ocean Services IPO opens on Sep 14, 2023. The closing date of EMS IPO and Zaggle Prepaid Ocean Services IPO is Sep 12, 2023, and Sep 18, 2023, respectively.

	EMS IPO	Zaggle Prepaid Ocean Services IPO
Anchor Bid Date	Sep 07, 2023	Sep 13, 2023
Issue Open	Sep 08, 2023	Sep 14, 2023
Issue Close	Sep 12, 2023	Sep 18, 2023
Basis Of Allotment (Tentative)	Sep 15, 2023	Sep 22, 2023
Initiation of Refunds (Tentative)	Sep 18, 2023	Sep 25, 2023
Credit of Share (Tentative)	Sep 20, 2023	Sep 26, 2023
Listing date (Tentative)	Sep 21, 2023	Sep 22, 2023
Anchor Lockin End date 1	Oct 15, 2023	Oct 22, 2023
Anchor Lockin End date 2	Dec 14, 2023	Dec 21, 2023

Financials

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

EMS IPO

Zaggle Prepaid Ocean Services IPO

Financial

EMS IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	308.08	378.31	502.55	638.72
Revenue	332.36	336.18	363.10	543.28
Profit After Tax	72.43	71.91	78.93	108.67
Net Worth	229.99	301.91	380.18	487.83
Reserves and Surplus	218.24	290.16	368.43	443.45
Total Borrowing	14.80	3.16	3.71	45.40

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)

96.71%

57.91%

Promoter Shareholding (Post-Issue)

P/E Ratio

66.67

Market Cap

₹1171.70 Cr.

₹2002.00 Cr.

ROE

22.27%%

46.98%%

ROCE

28.26%%

Debt/Equity

0.09

2.48

EPS

₹23.15

₹2.46

RoNW

22.31%%

46.98%%

Shares Offered

In the EMS IPO retail investors (RII) are offered 53,28,724 shares while in Zaggle Prepaid Ocean Services IPO retail investors are offered 53,28,724 shares. Qualified institutional buyers (QIB) are offered 30,44,985 shares in EMS IPO and 1,03,05,677 shares in Zaggle Prepaid Ocean Services IPO.

	EMS IPO	Zaggle Prepaid Ocean Services IPO
Anchor Investor Reserveration	45,67,476 shares	1,54,58,515 shares
Market Maker Reserveration
QIB	30,44,985 shares	1,03,05,677 shares
NII	22,83,739 shares	51,52,838 shares
RII	53,28,724 shares	34,35,225 shares
Employee	0 shares	0 shares
Others
Total	1,06,57,448 shares	1,88,93,740 shares

Bids Received (Subscription)

EMS IPO subscribed 76.21x in total, whereas Zaggle Prepaid Ocean Services IPO subscribed 12.86x.

	EMS IPO	Zaggle Prepaid Ocean Services IPO
QIB (times)	149.98x	16.94x
NII (times)	84.39x	9.16x
Big NII (times)	83.15x	10.36x
Small NII (times)	86.87x	6.76x
RII (times)	30.55x	6.15x
Employee (times)
Other (times)
Total (times)	76.21x	12.86x

Compare with others

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

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