Zaggle Prepaid Ocean Services Ltd.

Zaggle Prepaid Ocean Services has debuted at Rs 162.00 on the BSE, down by 2.00 points or 1.22% from its issue price of Rs 164.

The scrip is currently trading at Rs 167.45, up by 3.45 points or 2.10% from its issue price. It has touched a high and low of Rs 170.70 and Rs 156.30 respectively. So far 7.31 lakh shares were traded on the counter.

The offering, which was open for subscription between September 14, 2023 and September 18, 2023 was subscribed 12.86 times. The issue price was fixed at Rs 164 per share i.e. at upper end of price band of Rs 156-164 apiece.

Zaggle Prepaid Ocean Services operates in a segment where it interacts and interface with it 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.