Zaggle Shares Slump 5% Post QIP Opening - inc42.com

Dec 19, 2024 · In the yesterday’s (December 18) announcement, the floor price for the QIP was declared at INR 550.73 per equity share which was a discount of 1.8% from Zaggle’s last …

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

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Dec 19, 2024 · In the yesterday’s (December 18) announcement, the floor price for the QIP was declared at INR 550.73 per equity share which was a discount of 1.8% from Zaggle’s last …

inc42.com

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Zaggle Prepaid Ocean Services Shares Hit 5% Lower Circuit After ...

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Dec 19, 2024 · Zaggle Prepaid Ocean Services Limited saw its shares decline by 5% on December 19, hitting the lower circuit at ₹533.05 on the NSE. The drop in share price comes …

businessupturn.com

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“Zaggle Company Shares Big Decline 5% Following QIP Opening”

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Dec 19, 2024 · The dip comes as the company announced the opening of its Qualified Institutional Placement (QIP) offer to raise ₹950 crore. Zaggle Stock. The trading session …

newser.in

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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 …

business-standard.com

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New-Age Tech Stocks Bleed Amid Broader Market Slump

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Dec 22, 2024 · However, investors turned bearish on Zaggle after the opening of the QIP. The company’s shares ended the week at INR 530.15, down 5.47% from the past week. The …

inc42.com

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With The Launch Of QIP, Zaggle Prepaid Sets The Floor Price At INR …

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Dec 19, 2024 · The QIP issue coincides with a month-long increase in Zaggle’s stock price. The stock has increased by around 27% since November 18. On December 17, it surged to an all …

25under25.in

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

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Dec 12, 2024 · 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, …

moneycontrol.com

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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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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. ... Zaggle reported its best-ever quarterly …

yourstory.com

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Zaggle Prepaid Announces QIP Worth ₹450 Crore With Upsize …

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Dec 19, 2024 · The indicative price for the QIP is set at ₹523.2 per share, reflecting a 6.75% discount to the current market price (CMP) and a 5% discount on the SEBI floor price. The …

wealthybrains.in

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

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Dec 24, 2024 · The shares were issued at INR 523.20 per share, reflecting a 5% on the floor price of INR 550.73 per share. In an exchange filing, Zaggle said, “…the special purpose committee …

inc42.com

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Zaggle Prepaid Ocean Services Shares Rise Over 2% Following …

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Dec 24, 2024 · Shares of Zaggle Prepaid Ocean Services Ltd surged over 2% on December 24, following the company’s announcement of raising ₹595 crore via a Qualified Institutional …

businessupturn.com

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Zaggle Prepaid Shares Surge 4% After Successful QIP - YouTube

3 weeks from now

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 Shares Slump 5% Post QIP Opening - inc42.com Coupon?

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. ...

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 ...

Why did zaggle stock drop 49% during intraday trading session?

Shares of Zaggle 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 (QIP) offer to raise INR 950 Cr. While the stock opened today’s trading session down 3.81% lower at INR 539.95, it was trading at INR 539.00 at 10:37 AM. ...

How has zaggle's stock performed despite a downturn?

Despite today’s downturn, Zaggle’s stock has increased by 242.28% since its listing in September 2023 Shares of Zaggle 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 (QIP) offer to raise INR 950 Cr. ...

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. ...