Zaggle IPO Last Date To Apply! Check Latest GMP, Price Band, Lot Size, Minimum Investment, Allotment, Listing Date | Important Details
Mumbai: Zaggle Prepaid Ocean Services IPO is a Rs 563.38 crore book-built issue by Hyderabad-based Zaggle Prepaid Ocean Services. The Zaggle Prepaid Ocean Services IPO (Zaggle IPO) consists of a fresh issue of up to Rs 392 crore and an Offer For Sale (OFS) of up to 10,449,816 equity shares including anchor allocation of 1,54,58,515 equity shares. On Monday, September 18, 2023, at the time of this report, Zaggle Prepaid Ocean Services IPO was commanding a GMP in the range of Rs 15 to 16 on the upper price band of the IPO, according to several reports.
Zaggle IPO Price Band
Zaggle IPO share price band has been fixed between Rs 156 to Rs 164.
Zaggle IPO Lot Size
Zaggle IPO lot size is 90 Equity Shares. This means that investors will have to place bids in the lot of 90 shares of ZAGGLE.
Zaggle IPO Minimum Investment
The minimum investment for Zaggle IPO is Rs 14,760. This is the amount equivalent to 90 shares of ZAGGLE, which is the lot size of ZAGGLE IPO. The maximum subscription amount for Zaggle IPO for retail investors is Rs 2,00,000.
Zaggle IPO Allotment Date
Zaggle IPO allotment date is September 22, 2023.
Zaggle IPO Listing Date
The Zaggle IPO listing date is September 27, 2023.
Zaggle IPO Latest GMP
Zaggle Prepaid Ocean Services IPO was commanding a GMP in the range of Rs 15 to 16 on the upper price band of the IPO.
About Zaggle Prepaid Ocean Services
Incorporated in 2011, Zaggle provides fintech products and services in partnership with banking partners. According to Zaggle's official website, the issued prepaid cards constituted approximately 16.0 per cent of India’s total prepaid transaction volume, as of March 31, 2023. "We 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 we refer to as customer engagement management system," Zaggle says on its official website.