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Zaggle Prepaid Ocean Services Limited IPO Subscription Status

📅Offer Date: 14 Sept 2023 – 18 Sept 2023

Minimum investment
₹14,76090 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total12.57x
QIB16.73x
NII8.85x
Retail5.94x

Zaggle Prepaid Ocean Services Limited IPO was subscribed 12.57x in total when bidding closed on 18 Sept 2023, with 16.73x in the QIB category, 8.85x in NII, 5.94x in retail. The issue ran from 14 Sept 2023 to 18 Sept 2023 at a price band of ₹156.00–₹164.00 per share.

QIB16.73xNII8.85xRetail5.94xTotal12.57x1×

Times subscribed by category against the 1× line.

6
≈ 1 in 6 retail allotment
low allotment chance

Based on retail subscription (5.94x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs1,03,05,67717,24,13,97616.73x
NIIs51,52,8384,56,02,6168.85x
SNIIs (<10L)17,17,6131,12,16,0136.53x
BNIIs (>10L)34,35,2253,43,52,25010.00x
Retail34,35,2252,04,05,2375.94x
Total1,88,93,74023,74,94,31212.57x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs169.012827.5916.73x
NIIs84.51747.888.85x
Retail56.34334.655.94x
Total309.863910.1212.57x

Values derived from share count × issue price (₹164.00)

What this means for allotment & listing

Because Zaggle Prepaid Ocean Services Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Zaggle Prepaid Ocean Services Limited IPO subscription FAQs