The Zaggle Prepaid Ocean Services IPO has begun on 14-September-2023. It will close on 18-September-2023. The Total IPO Size is 563.38 Crore . The company set its IPO price is 156-164 Rs Per Share. Basically, there are three basic categories in Zaggle Prepaid Ocean Services IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail.
Zaggle Prepaid Ocean Services is established in 2011.
Zaggle Prepaid Ocean Services is a a leading player in spend management, with a differentiated value proposition and diversified user base.
They operate in a segment where they interact and interface with their Customers (i.e., businesses) and end Users (i.e., employees) and are among a small number of uniquely positioned players with a diversified offering of financial technology (“fintech”) products and services, having one of the largest number of issued prepaid cards in India in partnership with certain of our banking partners (12.7% of the country’s total prepaid transaction value as of March 31, 2022), a diversified portfolio of software as a service (“SaaS”), including tax and payroll software, and a wide touchpoint reach.
The network of corporate customers (“Customers”) covers the banking and finance, technology, healthcare, manufacturing, FMCG, infrastructure and automobile industries, among others, where they have relationships with brands such as TATA Steel, Persistent Systems, Vitech, Inox, Pitney Bowes, Wockhardt, MAZDA, PCBL (RP – Sanjiv Goenka Group), Hiranandani group, Cotiviti and Greenply Industries.
As of fiscal 2023, the company has over 250 employees, 7 offices across India, more than 1750 customers, and over 1.7 million end users.
Zaggle Prepaid Ocean Services IPO Date, Details & Price Band
The Zaggle Prepaid Ocean Services IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
|IPO Opening Dates||14-September-2023|
|IPO Closing Dates||18-September-2023|
|Price Band||156-164 Rs|
|Fresh issue||392.00 Crore|
|Offer for Sale||171.38 Crore|
|Total IPO size||563.38 Crore|
|Minimum bid (lot size)||90 Shares|
|Face Value||1 INR Per Share|
|Issue Type||Book Built Issue IPO|
|Listing On||NSE, BSE|
Zaggle Prepaid Ocean Services IPO Reservation
There are three basic category of Zaggle Prepaid Ocean Services IPO Reservation, other mention in be below table.
Zaggle Prepaid Ocean Services IPO Market Lot
The Zaggle Prepaid Ocean Services IPO minimum market lot is 90 shares With 14,760 ₹ Amount per application.
|Lot||No of Shares||Amount|
|Retail Minimum||1||90||14,760 ₹|
|Retail Maximum||13||1170||191,880 ₹|
|S-HNI Minimum||14||1,260||206,640 ₹|
|S-HNI Maximum||67||6,030||988,920 ₹|
|B-HNI Maximum||68||6,120||1,003,680 ₹|
Restated Consolidated Financial Record of the three year ( Rs in Crore )
|Total Assets||Total Revenue||Profit After Tax|
Zaggle Prepaid Ocean Services IPO GMP & Grey Market Premium
Zaggle Prepaid Ocean Services IPO GMP Grey market premium has been started today. Check Latest Zaggle Prepaid Ocean Services IPO GMP, Kostak Rates and Subject to Sauda Price here.
Zaggle Prepaid Ocean Services IPO Prospectus
Zaggle Prepaid Ocean Services IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Zaggle Prepaid Ocean Services IPO Prospectus.
Zaggle Prepaid Ocean Services IPO Reviews
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Zaggle Prepaid Ocean Services IPO Form Download
Zaggle Prepaid Ocean Services IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Zaggle Prepaid Ocean Services IPO forms.
Zaggle Prepaid Ocean Services IPO Allotment Date & Details (Tentative)
|Initiation of refunds||25-September-2023|
|Transfer of shares to Demat accounts||26-September-2023|
|Check Allotment Status||Click here|
Registrar of Zaggle Prepaid Ocean Services
KFin Technologies Limited
Selenium Tower B, Plot No. 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad,– 500 032
Telephone: +91 40 6716 2222
Email: [email protected]
Investor grievance email: [email protected]
Contact person: M Murali Krishna
SEBI registration no: INR000000221
Zaggle Prepaid Ocean Services Contact Details
Zaggle Prepaid Ocean Services Limited
301, III Floor, CSR Estate, Plot No.8,
Sector 1, HUDA Techno Enclave, Madhapur Main Road,
Hyderabad, Rangareddi – 500 081
Phone: +91 40 2311 9049
Email: [email protected]
Zaggle Prepaid Ocean Services IPO Lead Manager
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