Zaggle Prepaid Ocean Services Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹156 - ₹164
- Lot size
- 90 shares
- Issue amount
- ₹563.38 cr
- Total subscription
- 12.57×
- Opens
- 14 Sept 2023
- Closes
- 18 Sept 2023
- Allotment
- 20 Sept 2023
- Listing
- 22 Sept 2023
Offer at a glance
Issue overview
- Issue size
- 3,43,52,255 shares
- Face value
- ₹1 per share
- Minimum investment
- ₹14,040
- Fresh issue
- ₹392 cr
- Offer for sale
- ₹171.38 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,760
- Issue type
- Book Built Issue IPO
- Shares before issue
- 9,81,94,319
- Shares after issue
- 12,20,96,758
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 90 | ₹14,760 |
| sHNI | 14 | 1,260 | ₹2,06,640 |
| bHNI | 68 | 6,120 | ₹10,03,680 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 171.09 | 2,862.73 |
| RETAIL | 58.35 | 346.31 |
| HNIs 2+ | 29.17 | 190.54 |
| HNIs 10+ | 58.35 | 583.7 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 2.46 |
| ROE | 46.98 |
| ROCE | 0 |
| RONW | 46.98 |
| PRE IPO(PE) | 66.67 |
| POST IPO(PE) | 87.23 |
Values and labels as reported in the issue data.
Company information
Company profile
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.
Promoters
Mr. Raj P Narayanam
Mr. Avinash Ramesh Godkhindi
Registrar & documents
Lead manager
ICICI Securities Limited, Equirus Capital Private Limited, IIFL Capital Services Limited, Jm Financial Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
301, III Floor, CSR Estate, Plot No.8, Sector 1, HUDA Techno Enclave, Madhapur Main Road, Hyderabad, Rangareddi - 500 081
+91 40 2311 9049
[email protected]Company website ↗Understanding ZAGGLE IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.