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Zaggle Prepaid Ocean Services IPO

Open 14th Sep 2023 · Close 18th Sep 2023 · Listing 22nd Sep 2023

Price Band₹156.00–₹164.00
Live GMP₹11.00
Subscription12.86×
Issue Size₹563.38 Cr
Allotment22nd Sep 2023

IPO Objectives

Zaggle Prepaid Ocean Services IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Expenditure towards Customer acquisition and retention₹300.00 Cr
2Expenditure towards development of technology and products₹40.00 Cr
3Repayment or prepayment of certain borrowings, in full or part, availed by our Company; and₹17.08 Cr
4General corporate purposes₹5.10 Cr