| Company Name | Zaggle Prepaid Ocean Services Limited |
| Open Date | 14-09-2023 |
| Close Date | 18-09-2023 |
| Exchange | BSE, NSE |
| Lot Size | 90 Shares |
| Issue Price | ₹156 to ₹164 per share |
| Issue Size | 3,43,52,255 Equity Shares |
| Application Amount | Min. Inv. - ₹ 14,760 (90 shares) Max. Inv. - ₹ 1,91,880 (1,170 shares) |
| Recommendation | Neutral |
Zaggle Prepaid Ocean Services Limited was incorporated in the year 2011 and has its registered office in Hyderabad. The Company is engaged in providing financial technology (fintech) products and services to manage corporate business expenses through automated and innovative workflows.
The company offers fintech and SaaS products and services to corporates. As of 31st March 23, the Company has 273 employees on its payroll.
| For the Period Ended | Mar-21 | Mar-22 | Mar-23 |
| Total Assets | 6,208.00 | 9,265.30 | 23,475.90 |
| Net Assets | -4,555.10 | -355.80 | 4,875.10 |
| Total Borrowings | 6,908.40 | 6,447.20 | 12,107.30 |
| Total Revenue | 24,029.30 | 37,166.40 | 55,457.50 |
| Profit After Tax | 1,933.00 | 4,192.10 | 2,290.10 |
| Opening Date | 14/09/2023 |
| Closing Date | 18-09-2023 |
| Basis of Allotment | 22-09-2023 |
| Initiation of Refunds | 25-09-2023 |
| Credit of Shares to Demat | 26-09-2023 |
| Listing Date | 27-09-2023 |
| Expenditure for Customer acquisition and development of technology |
| Repayment/ pre-payment of certain borrowings. |
| General Corporate Purposes. |
| Registered Office | 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 |
| haripriya.singh@zaggle.in | |
| Website | https://www.zaggle.in/ |
| Zaggle Prepaid Ocean Services Limited DRHP |
| Zaggle Prepaid Ocean Services Limited RHP |
| Name | Kfin Technologies Limited |
| Phone | 04067162222, 04079611000 |
| zaggle.ipo@kfintech.com | |
| Website | https://kosmic.kfintech.com/ipostatus/ |
| QIB Shares Offered | Not less than 75.00% of the Net offer |
| NII (HNI) Shares Offered | Not more than 15.00% of the Offer |
| Retail Shares Offered | Not more than 10.00% of the Offer |
| Pre Issue Share Holding (Promoters) | 57.91% |
| Post Issue Share Holding (Promoters) | 38.01% |