Zaggle Prepaid Ocean Services Limited
ListedMainboardInformation Technology & FinTech · NSE / BSE
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.
Price Band
₹156 – ₹164
Issue Size
₹563 Cr
Lot Size
90 shares
GMP
₹13
+7.9%
Est. Listing
₹177
at current GMP
Subscribed
12.57x
overall
Open
14 Sep 2023
Close
18 Sep 2023
Allotment
20 Sep 2023
Refund
21 Sep 2023
Demat Credit
22 Sep 2023
Listing
22 Sep 2023
Last updated 12 days ago
Live Grey Market Premium
Zaggle Prepaid Ocean Services Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹13+7.9%
Issue Price (Upper)
₹164
Band: ₹156 – ₹164
Estimated Listing Price
₹177
Upper price + GMP
Lot Size
90 shares
Min investment ₹14,760
Estimated Profit / Lot
₹1,170
90 × ₹13
Zaggle Prepaid Ocean Services Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹13
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹13 | 7.9% | ₹177 |
| 30 Oct 2026 | +₹13 | 7.9% | ₹177 |
| 29 Oct 2026 | +₹12 | 7.1% | ₹176 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Zaggle Prepaid Ocean Services Limited Public Issue & Market Profile
Zaggle Prepaid Ocean Services Limited is bringing an initial public offering (IPO) in the Information Technology & FinTech sector with an aggregate issue size of ₹563.38 Crores. The shares are offered at a price band of ₹156 to ₹164 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 90 shares (approx. ₹14,760 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-09-22, while un-allotted funds or UPI block mandates will be released on 2023-09-21.
Frequently Asked Questions
What is Zaggle Prepaid Ocean Services Limited IPO GMP today?
The latest grey market premium for Zaggle Prepaid Ocean Services Limited IPO is ₹13, which indicates an expected listing price of ₹177.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.