Zaggle Prepaid allots 11.36 mn shares worth Rs 595 cr to QIBs; …

Dec 24, 2024 · Zaggle Prepaid share: Zaggle Prepaid shares rose 4 per cent to Rs 551.5 per share on the BSE in Tuesday’s intraday trade. The rise in the share price came after the …

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Zaggle Prepaid Rallies After Raising Rs 595-cr Via QIP

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Dec 24, 2024 · Zaggle Prepaid Ocean Services jumped 3.32% to Rs 547.80 after the company announced that it has raised Rs 594.84 crore through qualified institutional placement (QIP) at …

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

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Dec 24, 2024 · Zaggle raised INR 594.84 Cr via QIP, issuing 1.13 Cr equity shares to eligible qualified institutional buyers Bank of India ELSS Tax Saver emerged as the largest buyer, …

inc42.com

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Zaggle Prepaid Rallies After Raising Rs 595-cr Via QIP

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Dec 23, 2024 · The issue opened on 18 December 2024 and closed on 23 December 2024.The issue price represents a discount of 5% to the floor price of Rs 550.73 per equity share. <P> …

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Zaggle Placement Draws Major Banks, Raises Rs 595 Cr At 5

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Dec 24, 2024 · The Mumbai-listed company sold 11.37 million shares at 523.20 rupees each, representing a 5% discount on the floor price. ... raises Rs 595 Cr at 5% discount ... Zaggle …

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Zaggle Opens INR 950 Cr QIP, Sets Floor Price At INR 550.73

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Dec 18, 2024 · 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 …

inc42.com

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

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Dec 12, 2024 · Shares of Zaggle have declined slightly from their recent peak of ₹591.1. The stock is trading 4.3% lower at ₹550.2. Despite the fall from the peak, shares of Zaggle Prepaid …

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

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Dec 12, 2024 · The company has a market capitalisation of over Rs 6,700 crore and the shares are higher by 155% so far in 2024. Since its listing in September 2023, the shares have grown …

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Ashish Kacholia Stock Jumps 4% After It Plans To Raise ₹595 Cr Via QIP

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Dec 24, 2024 · Ashish Kacholia stock jumps 4% after it plans to raise ₹595 Cr via QIP. ... The share price of Zaggle Prepaid Ocean Services Limited went up by 3.98 percent to Rs. 549.95 …

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Zaggle Prepaid Rallies After Raising Rs 595-cr Via QIP

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Dec 24, 2024 · Zaggle Prepaid rallies after raising Rs 595-cr via QIP ... and closed on 23 December 2024.The issue price represents a discount of 5% to the floor price of Rs 550.73 …

capitalmarket.com

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Zaggle Shares Slump 5% Post QIP Opening - Inc42.com

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Dec 19, 2024 · slumped as much as 4.9% reaching INR 533.30 during the intraday trading session today (December 19) after the company opened its qualified institutional placement …

inc42.com

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Zaggle - Company Profile - Tracxn

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Dec 24, 2024 · Zaggle Raises INR 595 Cr Via QIP, Shares Up 4% IntradayInc42 • Dec 24, 2024 • Zaggle Zaggle placement draws major banks, raises Rs 595 Cr at 5% discount EIN Presswire …

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Zaggle Prepaid Shares Surge 4% After Successful QIP | Rs 595 …

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Zaggle Prepaid's shares jumped 4%, reaching Rs 551.5 on the BSE after the company raised Rs 595 crore through a successful Qualified Institutional Placement ...

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FAQs about Zaggle Prepaid allots 11.36 mn shares worth Rs 595 cr to QIBs; … Coupon?

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. ...

How much 595 crore was raised through a QIP?

The company recently raised ₹595 crore through a QIP with the Special Purpose Committee of its board of directors approving the allotment of 1.13 crore of equity shares to eligible qualified institutional buyers. ...

What is zaggle QIP offer?

Fintech SaaS company Zaggle has opened its qualified institutional placement (QIP) offer to raise INR 950 Cr. In an exchange filing, the company said that the fund raising committee of its board approved the opening of the offer and set a floor price for the QIP at INR 550.73 per equity share. Note: We at Inc42 take our ethics very seriously. ...

Why did zaggle prepaid share rise 4 per cent?

Zaggle Prepaid share: Zaggle Prepaid shares rose 4 per cent to Rs 551.5 per share on the BSE in Tuesday’s intraday trade. The rise in the share price came after the company successfully completed its fundraising programme via qualified institutional placement (QIP). ...

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. ...

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 ...