The Company plans to raise funds through an offer of equity shares of face value of Rs. 1 each.

Book Running Lead Managers to the issue are: ICICI Securities Limited, Equirus Capital Private Limited, IIFL Securities Limited and JM Financial Limited.

Zaggle Prepaid Ocean Services Limited, a leading player in spend management with a differentiated value proposition and diversified user base (Source: Frost & Sullivan Report), has received final observations from SEBI for their proposed IPO.

The Company plans to raise funds through an offer of equity shares of face value of Rs. 1 each. The offer consists of a fresh issue aggregating up to Rs. 4,900 million (The “Fresh Issue”) and an Offer for Sale aggregating up to 10,526,316 equity shares by “Promoter Selling Shareholder” and “Investor Selling Shareholder” (The “Offer for Sale”). 

Book Running Lead Managers to the issue are: ICICI Securities Limited, Equirus Capital Private Limited, IIFL Securities Limited and JM Financial Limited.