IPO Trending
ZAGGLEEQ / NSE, BSEListed
Zaggle Prepaid Ocean Services

Zaggle Prepaid Ocean Services Limited, incorporated in 2011, is a fintech company providing corporate business expense management solutions through automated and innovative workflows. Its SaaS and fintech products cater to industries like banking, finance, technology, healthcare, manufacturing, FMCG, infrastructure, and automobiles. Key offerings include Propel (employee and channel rewards), Save (business spend management), CEMS (customer engagement and gift card management), Zaggle Payroll Card, and Zoyer (integrated invoice-to-pay platform). As of fiscal 2023, Zaggle serves over 1,750 corporate customers and 1.7 million end users with 250+ employees across 7 offices in India.

₹156 - ₹16412.57x sub
Listed Price₹164.00
Listing Gain+0.00%

IPO Schedule & Timeline

Book Built Issue IPO
Open14 Sep 2023
Close18 Sep 2023
Allotment20 Sep 2023
Listing22 Sep 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB2,57,64,192 shares
75%
Nii (hni)51,52,838 shares
15%
Retail34,35,225 shares
10%

Minimum Application Lots

Retail1 Lot (90 shares)
₹14,760
sHNI14 Lots (1,260 shares)
₹2,06,640
bHNI68 Lots (6,120 shares)
₹10,03,680

Company Promoters

Mr. Raj P NarayanamMr. Avinash Ramesh Godkhindi

Company Background

Zaggle Prepaid Ocean Services Limited, incorporated in 2011, is a fintech company providing corporate business expense management solutions through automated and innovative workflows. Its SaaS and fintech products cater to industries like banking, finance, technology, healthcare, manufacturing, FMCG, infrastructure, and automobiles. Key offerings include Pro...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2023)₹554.58 Cr
Revenue Trend (₹ in Crores)
0.0212.6425.2637.8Mar 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2023554.5822.90234.76121.07

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values2.4646.98%0%66.6787.23

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
20 Sep 2023
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
22 Sep 2023

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Zaggle Prepaid Ocean Services. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization20 Sep 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date22 Sep 2023Trading commences on exchange

How to Check Zaggle Prepaid Ocean Services Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Zaggle Prepaid Ocean Services from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Zaggle Prepaid Ocean Services IPO

Complete issue overview for Zaggle Prepaid Ocean Services (ZAGGLE) IPO. The issue features an equity share price band of ₹156 – ₹164 per share with a minimum retail lot size of 90 Shares (minimum application amount of ₹14,760). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions