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Open
14 Sep 2023
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Close
18 Sep 2023
3
Allotment
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Listing
Fri, Sep 22, 2023
Price Band
₹156 to ₹164
Issue Size
3,43,52,255 shares (agg. up to ₹563 Cr)
Lot Size
90 Shares
Listing Date
Fri, Sep 22, 2023
Latest GMP
₹11
Est. Gain
6.71%
✦ AI Insight
GMP Trend
22-09-2023₹11Est. ₹175+6.71%
21-09-2023₹11Est. ₹175+6.71%
20-09-2023₹14Est. ₹178+8.54%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 7.55x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 |
|---|---|
| Assets | 234.76 |
| Total Income | 554.58 |
| Profit After Tax | 22.90 |
| NET Worth | 48.75 |
| Reserves and Surplus | 39.36 |
| Total Borrowing | 121.07 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Netweb Technologies India Ltd. | Mainboard | ₹631.00 Cr | ₹500 | 59.67 | ₹910.40 | +82.08% | ₹5,087.50 |
| Synoptics Technologies Ltd. | SME | ₹54.04 Cr | ₹237 | 25.32 | ₹226.10 | -4.60% | ₹49.35 |
| Veefin Solutions Ltd. | SME | ₹46.73 Cr | ₹82 | 41.41 | ₹90.22 | +10.02% | ₹228.00 |
| Sahana System Ltd. | SME | ₹32.74 Cr | ₹135 | 16.88 | ₹171.15 | +26.78% | ₹887.85 |
| Sancode Technologies Ltd. | SME | ₹5.15 Cr | ₹47 | 10.71 | ₹60.80 | +29.36% | ₹638.45 |
| Vertexplus Technologies Ltd. | SME | ₹14.20 Cr | ₹96 | 28.83 | ₹106.05 | +10.47% | ₹60.35 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expenditure towards Customer acquisition and retention | 300.00 |
| 2 | Expenditure towards development of technology and products | 40.00 |
| 3 | Repayment or prepayment of certain borrowings, in full or part, availed by our Company; and | 17.08 |
| 4 | General corporate purposes | 5.10 |
About Zaggle Prepaid Ocean IPO
Updated on Aug 5, 2026
Contact Details
Zaggle Prepaid Ocean Services Ltd. Address301, III Floor, CSR Estate, Plot No.8Sector 1, HUDA Techno Enclave, Madhapur Main RoadRangareddiHyderabad, Telangana, 500081+91 40 2311 9049haripriya.singh@zaggle.inVisit Website