Zaggle Prepaid's QIP to raise Rs 950 crore likely in the next two …

Dec 12, 2024 · Shares of Zaggle Prepaid were sharply lower over 3% in early trade on …

3%
OFF

Zaggle Prepaid's QIP To Raise Rs 950 Crore Likely In The Next Two …

3 weeks from now

Dec 12, 2024 · Shares of Zaggle Prepaid were sharply lower over 3% in early trade on …

moneycontrol.com

155%
OFF

After A 155% Surge In 2024, Zaggle Prepaid May Launch ₹950 Crore …

3 weeks from now

Dec 12, 2024 · Zaggle Prepaid Ocean Services is likely to launch a Qualified Institutional …

cnbctv18.com

5%
OFF

Zaggle Prepaid Shares Jump 2.5% On Rs 950 Crore Fundraise Plans

3 weeks from now

Oct 31, 2024 · Shares of Zaggle Prepaid Ocean Services jumped 2.5% in an early trading …

indiatimes.com

155%
OFF

After A 155% Surge In 2024, Zaggle Prepaid May Launch ₹950 Crore …

3 weeks from now

Dec 12, 2024 · Zaggle Prepaid Ocean Services is likely to launch a Qualified Institutional …

excelalgotrader.in

155%
OFF

After A 155% Surge In 2024, Zaggle Prepaid May Launch ₹950 Crore …

3 weeks from now

Zaggle Prepaid Ocean Services is likely to launch a Qualified Institutional Placement (QIP) …

qrius.com

3%
OFF

Zaggle Prepaid Stock Drops 3% Amid QIP News And Strategic Plans

3 weeks from now

Dec 12, 2024 · Zaggle Prepaid’s stock falls 3% on news of a ₹950 crore QIP. The company …

5paisa.com

250%
OFF

Multibagger IPO: Zaggle Prepaid Share Price Jumps 250% Against …

3 weeks from now

Multibagger IPO: Zaggle Prepaid Ocean share price has risen 250% from its IPO price of ₹164 …

msn.com

250%
OFF

Multibagger IPO: Zaggle Prepaid Share Price Jumps 250% Against …

3 weeks from now

Dec 12, 2024 · The company is set to launch a ₹950 crore QIP, potentially diluting equity by 15 …

livemint.com

4%
OFF

Zaggle Raises INR 595 Cr Via QIP, Shares Up 4% Intraday

3 weeks from now

Dec 24, 2024 · raised INR 594.84 Cr via qualified institutional placement (QIP), issuing 1.13 Cr …

inc42.com

FAQs about Zaggle Prepaid's QIP to raise Rs 950 crore likely in the next two … Coupon?

Will zaggle prepaid Ocean raise a 950 crore qualified institutional placement (QIP)?

According to sources cited by CNBC-TV18, Zaggle Prepaid Ocean is expected to initiate a ₹ 950 crore Qualified Institutional Placement (QIP) in the next two weeks. This QIP may result in an equity dilution of 15-16% at a price range of ₹ 500-520 per share. The funds raised are likely aimed at supporting inorganic growth and strategic investments. ...

Why did zaggle prepaid stock drop?

Zaggle Prepaid’s stock traded under pressure in Wednesday's trading session on the NSE, with shares slipping slightly to Rs 437.10, marking a 0.76 percent drop amid a volatile session. Zaggle Prepaid Ocean Services Ltd's board has given a nod to raise up to Rs 950 crore through a qualified institutions placement (QIP). ...

What does zaggle do with 950 crore?

Zaggle aims to utilise the funds for strategic growth and operational enhancements, it said. Hyderabad-based B2B SaaS fintech firm, Zaggle Prepaid Ocean Services, announced that it will raise up to ₹950 crore through the issuance of equity shares and other securities, following a board meeting held on October 30, 2024. ...

Will zaggle prepaid share placement dilution?

Shares of Zaggle Prepaid were sharply lower over 3% in early trade on December 12 after CNBC-TV18 reported that the share placement may take place in the next two weeks, at a discount, and the company may see an equity dilution of 15-16%. The Qualified Institutional Placement (QIP) of shares is expected to happen at Rs 500-520 per share. ...

How much will zaggle's qualified institutional placement (QIP) cost?

The Qualified Institutional Placement (QIP) of shares is expected to happen at Rs 500-520 per share. The board of Zaggle has already secured an approval for a Rs 950 crore fund raise. This funding is for inorganic growth and strategic investments. ...

What is zaggle QIP floor price?

Zaggle has set the floor price for the QIP at INR 550.73 per equity share, a discount of 1.9% from the stock’s last closing price on Wednesday This comes two months after the fintech SaaS company’s board approved plans to raise up to INR 950 Cr ...