Zaggle Prepaid Ocean Services IPO Date, Review, Price, Allotment, Analysis

Zaggle Prepaid Ocean Services is a leading player in spend management, with a differentiated value proposition and diversified user base. Incorporated in 2011, they operate in a segment where they interact and interface with our Customers (businesses) and end Users(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, a diversified portfolio of software as a service (SaaS), including tax and payroll software, and a wide touch point reach.

They are sector-agnostic, and their network of corporate 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.

They are placed at the intersection of the SaaS and fintech ecosystems, and our SaaS platform is designed for: business spend management (including expense management and vendor management), rewards and incentives management for employees and channel partners; and gift card management for merchants, which they refer to as customer engagement management system (CEMS).

Objects of the Issue

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

Zaggle Prepaid Ocean Services IPO Review (Apply or Not)

• May Apply

Zaggle Prepaid Ocean Services IPO Date & Price Band Details

Zaggle Prepaid Ocean Services IPO Market Lot

The Zaggle Prepaid Ocean Services IPO minimum market lot is 90 shares with ₹14,760 application amount. The retail investors can apply up-to 13 lots with 1170 shares or ₹191,880 amount.

Zaggle Prepaid Ocean Services IPO Allotment & Listing Dates

The Zaggle Prepaid Ocean Services IPO date is September 14 and the close date is September 18. The Zaggle Prepaid Ocean Services IPO allotment will be finalized on September 20 and the IPO listing on September 22.

You can check IPO subscription status and IPO allotment status on their respective pages.

Zaggle Prepaid Ocean Services IPO Form

How to apply for the Zaggle Prepaid Ocean Services IPO? You can apply for Zaggle Prepaid Ocean Services IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Zaggle Prepaid Ocean Services IPO in the Invest section. The other option is you can apply for Zaggle Prepaid Ocean Services IPO via IPO forms downloaded via NSE and BSE. Check out the Zaggle Prepaid Ocean Services forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Zaggle Prepaid Ocean Services Company Financial Report

Zaggle Prepaid Ocean Services IPO Valuation – FY2023

Check Zaggle Prepaid Ocean Services IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• NA

Company Promoters

• Mr. Raj P Narayanam
• Mr. Avinash Ramesh Godkhindi

Zaggle Prepaid Ocean Services IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/

Zaggle Prepaid Ocean Services IPO Allotment Status Check

Check Zaggle Prepaid Ocean Services IPO allotment status on Kfin Technologies website allotment URL. Click Here

Zaggle Prepaid Ocean Services IPO Lead Managers aka Merchant Bankers

• ICICI Securities Limited
• Equirus Capital Private Limited
• Iifl Securities Ltd
• Jm Financial Limited

Company Address

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]
Website: https://www.zaggle.in/

Zaggle Prepaid Ocean Services IPO FAQs