14 Sep 2023
18 Sep 2023
Rs. 563 Cr
₹156 to ₹164
22 Sep 2023
27 Sep 2023
Zaggle Prepaid Ocean Services Limited, founded in 2011, offers financial technology (fintech) tools and services to manage corporate business expenses through automated and innovative processes. Fintech and SaaS products and services are provided to corporations in the banking and finance, technology, healthcare, manufacturing, FMCG, infrastructure, and automobile industries.
The company intends to utilize the net proceeds from the issue towards the funding of the following objects: Expenditure towards Customer acquisition and retention. Expenditure towards the development of technology and products. Repayment/ pre-payment of certain borrowings, in full or part, availed by the company. General corporate purposes.
The book-running lead managers to the offer are: ICICI Securities Ltd Equirus Capital Private Ltd IIFL Securities Ltd JM Financial Ltd
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