SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Zaggle Prepaid Ocean Services shines on planning to acquire 100% share capital in Dice Enterprises

06 Jun 2025 Evaluate

Zaggle Prepaid Ocean Services is currently trading at Rs. 446.75, up by 6.70 points or 1.52% from its previous closing of Rs. 440.05 on the BSE.

The scrip opened at Rs. 447.65 and has touched a high and low of Rs. 455.00 and Rs. 444.45 respectively. So far 3526 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 597.00 on 17-Dec-2024 and a 52 week low of Rs. 267.60 on 06-Jun-2024.

Last one week high and low of the scrip stood at Rs. 455.00 and Rs. 430.35 respectively. The current market cap of the company is Rs. 5907.03 crore.

The promoters holding in the company stood at 44.21%, while Institutions and Non-Institutions held 19.98% and 35.81% respectively.

Zaggle Prepaid Ocean Services is all set to acquire 100% shares capital and voting rights in Dice Enterprises from the existing shareholders of Dice Enterprises subject to execution of definitive agreements and completion of certain identified conditions precedent. In this regard, the Company has executed a non-binding term sheet on June 5, 2025.

The mode of acquisition (cash consideration / shares swap) will be determined by the Board of Directors at a later stage, and the same shall be duly communicated to the stock exchange in accordance with applicable regulatory requirements. The proposed acquisition by the Company will be effected on such terms and conditions as may be contained in the Share Purchase Agreement and/or definite agreement to be executed by the parties to the transaction.

The acquisition expands company’s product offerings for its customers and gives it access to a large base of existing customers of the target entity. Along with this, the combined product offering enables company to expand further in the Indian market as well as open up opportunities for providing solutions globally. As part of the acquisition, the company also gets the ability to onboard a highly technically skilled workforce which would enhance its future product capabilities as well.

Zaggle Prepaid Ocean Services operates in a segment where it interacts and interface with its customers (i.e., businesses) and end Users (i.e., employees) and is among a small number of uniquely positioned players with a diversified offering of fintech products and services.


Zaggle Prepaid Ocean Share Price

256.40 -4.30 (-1.65%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2397.30
Infosys 1154.45
HCL Tech. 1203.25
Wipro 199.40
Tech Mahindra 1360.05
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×