Zaggle Prepaid Ocean Services Limited

Zaggle Prepaid Ocean Services Limited

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₹14,760(90 Shares)

Minimum Investment

IPO Dates

Sep 14, 2023 – Sep 18, 2023

Price Band

₹156–164 per equity share

Lot Size

90

Listing

Sep 22, 2023

Listing At

BSE, NSE

Sep 14, 2023Open DateCompleted
Sep 18, 2023Close DateCompleted
TBAAllotment DateUpcoming
Sep 22, 2023Listing DateCompleted

Zaggle Prepaid Ocean Services Limited Live Subscription Details

All IPOs
QIB16.73x
Retail5.94x
NIIs
8.85x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

6.53x

bHNI (> ₹10L)

Bids above ₹10L

10.00x

Overall Subscription

Total Bids Received

12.57x

Zaggle Prepaid Ocean Services Limited IPO Issue Details

Issue Price
₹156-164 Per Equity Share
Face Value
₹1 Per Equity Share
Listing At
BSE, NSE
Listing Date
Sep 22, 2023

Company Information

Zaggle Prepaid Ocean Services Limited provides financial technology (fintech) products and services to manage corporate business expenses through automated and innovative workflows.The company offers ...

Valuations

RoNW

46.98%

Financial Information (₹ in Crores)

MetricFY 23
Total Assets234.76
Total Revenue554.58
Profit After Tax22.9
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Expenditure towards Customer acquisition and retention.
  2. 2Expenditure towards the development of technology and products.
  3. 3Repayment/ pre-payment of certain borrowings, in full or part, availed by the company.
  4. 4General corporate purposes.

Zaggle Prepaid Ocean Services Limited – Promoter(s)

Mr. Raj P Narayanam
Mr. Avinash Ramesh Godkhindi

Contact Details

Zaggle Prepaid Ocean Services Limited IPO Documents

Frequently Asked Questions — Zaggle Prepaid Ocean Services Limited IPO

The Zaggle Prepaid Ocean Services Limited IPO price band is set at ₹156.00 to ₹164.00 per equity share.

The lot size for Zaggle Prepaid Ocean Services Limited IPO is 90 shares per lot. The minimum investment amount is approximately ₹14,760.

The Zaggle Prepaid Ocean Services Limited IPO opens on Sep 14, 2023 and closes on Sep 18, 2023.

Zaggle Prepaid Ocean Services Limited IPO is expected to be listed on Sep 22, 2023 on BSE, NSE.

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