Zaggle Prepaid Ocean Services GMP IPO Today, Allocation, Share Price

Zaggle Prepaid Ocean Services GMP IPO Today: – On September 14, 2023, Zaggle Prepaid Ocean Services Limited, a digital spend management solutions provider, launched its IPO for Rs 490 billion. Zaggle Prepaid Ocean Services’ IPO has attracted a lot of attention and applications. According to Zaggle’s prepaid IPO subscription status, retail users have subscribed 12 times more frequently. Finance experts claim that this company, which caters to SMEs, startups and other established businesses to provide financial solutions, has a very large customer base. The allotment date for Zaggle’s prepaid IPO is September 22, 2023, and that’s when everyone will know whether they’ve received shares or not. I am writing to let you know this.

The official registrar of the company is Kfintech, and at kfintech.com, you can monitor the progress of Zaggle Prepaid IPO allocations. Visit badisoch.in and submit basic information such as your PAN card number and application number to check the status of Zaggle Prepaid Ocean Services IPO allotment. Investors should be happy because this company will do well in the stock market. Analysts estimate the Zaggle Prepaid IPO GMP Today share price at Rs 12.

Zaggle Prepaid Ocean Services GMP IPO Today 2023

The Zaggle Prepaid Ocean Services IPO subscription period began on September 14, 2023 and concludes today, September 18, 2023. The Zaggle Prepaid Ocean Services IPO seeks to raise around US$563 million through a new offer of Rs 392 crore and an offer for sale. to 10,449,816 equity shares at one rupee each. Retail has a 10% share, QIB has a 75% share and HNI has a 15% share. The allotment status of Zaggle Prepaid Ocean Services IPO is expected to be announced on September 22, 2023. On September 25, 2023, redemptions will begin, shares will be deposited into demat accounts on September 26, 2023 and on September 27, 2023, the stock market will open.

With its innovative business model and strong market potential, investors are eagerly awaiting the launch of this IPO. The gray market premium is a measure of demand for shares before they are officially listed on the stock exchange and is often considered an indicator of investor sentiment. As of today, the GMP for the Zaggle Prepaid Ocean Services IPO is showing promising signs, reflecting the high level of interest among investors. This IPO has created quite a buzz in the market and many experts predict that it will be a successful offering.

Overview of Zaggle GMP Prepaid Ocean Services IPO Today

Also Check: BDO official kaise bane 2023

Zaggle Prepaid Ocean Services share price

Technical and fundamental examination of the stock of a given company is used to determine the stock price of that company. Since last year, Zaggle has seen fluctuations in its revenue and is still trying to turn a profit.

The stated range is between Rs. 156 and 164 per share. We have written down for you the latest information on the stock market. Additionally, this figure would be adjusted to reflect changing market trends. The total issue size for Zaggle’s first public offering is Rs 563.38 crore and the offer number for the shares on sale is 10449816.

See also: PUBG Mobile 2.6 2023 Update Download

Zaggle Prepaid Ocean Services Fluctuating Financial Assets

With the introduction of new technologies, customer demands, service quality and other considerations, market trends continue to evolve. Additionally, they have an impact on the company’s overall knowledge.

Fiscal year	Income and assets	Net worth	Revenue
2022	371.66 Crores (Total Revenue)	48.75 crores	22.90 crores
2023	234.76 crore (assets), 554.58 crore	48.75 crores	22.90 crores

The financial information in the table above shows that Zaggle Prepaid Ocean Services has proven its success by constantly improving its business procedures. Furthermore, reserves and excess have increased the company’s account balance by Rs 39.36 crore.

Look at this: Happy Mother’s Day

IPO GMP Assignment

The GMP allocation of the Zaggle Prepaid Ocean Services IPO will be made based on investors’ investments made in specific stocks. The following table includes the company’s Gray Market Premium lot size:

Detailed report	Lot Size
Retail (minimum)	1
Retail (max.)	13
Minimum S-HNI	14
B-HNI max.	68

Depending on the type of application you are referring to, the shares range between 90 and 6120. The range of Rs 14,760 to Rs 1,003,680 suggests that investors can make adequate profits from the GMP IPO. The gray market premium refers to the price at which an IPO’s shares trade on the unofficial market before they are officially listed on the stock exchange. It serves as an indicator of investor sentiment and demand for the IPO. As of today, the GMP for the Zaggle Prepaid Ocean Services IPO is not available. However, it is important to note that gray market premiums can fluctuate rapidly and investors should exercise caution when trading in this market.

See Also: List of Rajasthan New District Names 2023

Zaggle IPO GMP today Important dates 2023

Investors should be aware of dates surrounding Zaggle’s first public offering.

Detailed report	Date
Share end date	September 22
Refund initiation	September 25th
Credit amount to Demat accounts	September 26
EEB/NSE List	September 27th

Whether to buy a subscription or not is the concern that is arising in the minds of investors. The business is profitable, as explained in this article. Plus, the bidding is open, so you can invest slowly. Before making a decision, the risks and proximity must be taken into account.

Conclusion

Zaggle Prepaid Ocean Services GMP (Grey Market Premium) IPO is currently experiencing positive trends in the market. The gray market premium, which refers to the difference between the initial public offering price and the unofficial market price, is an indicator of investor sentiment and demand for the company’s shares. As of today, Zaggle Prepaid Ocean Services’ GMP IPO is showing a strong premium, reflecting investor optimism and interest in the company. This positive trend in the gray market premium suggests that there is significant anticipation for the IPO and confidence in its growth potential. Investors are closely monitoring this development as they evaluate their investment options and make decisions based on market trends.

Zaggle Prepaid Ocean Services IPO FAQ GMP Today

When was Zaggle incorporated?

Zaggle Prepaid Ocean Services Private Limited is a non-governmental company, incorporated on June 2, 2011.

Who owns Zaggle?

Raj Phani – Founder – Zaggle Prepaid Ocean Services Pvt. Ltd. Limited.

Is Zaggle a good company?

Employees rate Zaggle 3.8 out of 5 stars based on 103 anonymous reviews on Glassdoor.

How many employees does Zaggle have?

Zaggle Prepaid Ocean Services employs between 501 and 1,000 employees in India.