Listed Price₹164.00
Listing Gain+0.00%
Price Band₹156 - ₹164
Lot Size90 shares
Min Bid₹14,760
Subscription12.57x
Listed Market Snapshot
₹164.00Listed price from market data
+0.00%listing gain
Issue Amount
₹563.38 Cr
Listed Price
₹164.00
Current Price
₹213.17
Registrar
Kfin Technologies Limited
Timeline•Book Built Issue IPO
Open14 Sep 2023
Close18 Sep 2023
Allotment20 Sep 2023
Listing22 Sep 2023
Quota Reservation Portions
QIBPortion: 2,57,64,192 shares
75%Nii (hni)Portion: 51,52,838 shares
15%RetailPortion: 34,35,225 shares
10%Minimum Application Bracket Matrix
Retail1 lots / 90 shares
₹14,760sHNI14 lots / 1,260 shares
₹2,06,640bHNI68 lots / 6,120 shares
₹10,03,680About the Company
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.
Company Promoters
Mr. Raj P NarayanamMr. Avinash Ramesh Godkhindi
Lead Managers
Registrar
Kfin Technologies Limited