Zaggle Prepaid Ocean Services Limited was incorporated as Zaggle Prepaid Ocean Services Private Limited' at Hyderabad as a private limited Company dated June 2, 2011. Subsequently, Company was converted into a Public Limited company on August 22, 2022 and the name was changed to Zaggle Prepaid Ocean Services Limited' vide fresh Certificate of Incorporation on September 13, 2022.
The Company is a B2B2C Fintech SaaS Company, which is a leading player in spend management, with a differentiated value proposition and diversified user base. Incorporated in 2011, it interact with Customers (i.e., businesses) and end Users (i.e., employees) and are among a small number of uniquely positioned players with a diversified offering of financial technology products and services, having one of the largest number of issued prepaid cards in India in partnership with certain banking partners, a diversified portfolio of software as a service (SaaS'), including tax and payroll software.
The Company is sector-agnostic, and their network covers the banking and finance, technology, healthcare, manufacturing, FMCG, infrastructure and automobile industries, to name a few, where it maintains relationships with TATA Steel, Persistent Systems, Vitech, Inox, Pitney Bowes, Wockhardt,MAZDA, PCBL (RP - Sanjiv Goenka Group), Hiranandani group, Cotiviti and Greenply Industries.
In 2019. it launched a prepaid card powered by IndusInd Bank Limited, a channel incentive and engagement platform, namely, ... 'Propel' and an expense management card platform, namely, 'Save'.
In 2022, it launched an integrated data-driven business, 'Zoyer'. It launched a wearable contactless payment device, 'Zakey'.
In September 2023, Company made an Initial Offer by issuing 34,352,255 Equity Shares aggregating to Rs 563.37 Crore comprising a Fresh Issue of 23,902,439 Equity Shares aggregating to Rs 392 Crore and 10,449,255 Equity Shares aggregating to Rs 171.37 Crore through Offer for Sale.
In 2023, the Company launched its Spend analytics platform 'Zatix'. The Company signed up with BOB Financial Solutions Limited (BFSL) for Implementing Commercial card Onboarding & value-added services platform for BFSL.
Zaggle Technologies Limited (ZTL) incorporated as a wholly-owned subsidiary in the United Kingdom on January 12, 2023 during FY 2022-23.
The Company acquired Zatix as the intelligent spend analytics engine designed to transform financial decision-making in FY 2025. It launched ZIP (Zaggle International Payments), partnerships in GIFT City and forex innovations marking a leap into global financial solutions during the year. in 2025, Company has onboarded WSFX as a strategic referral partner for Forex Cards, in cross-border payment solutions. The Company has partnered with travel management companies including Hummingbird, FCM and TBO Paxes to enhance global and corporate travel experiences with AI-driven expense solution, enabling seamless travel booking, payment, reconciliation, and direct expense filing.
FAQs on Zaggle Prepaid Ocean Services Ltd
1. Can I buy Zaggle Prepaid Ocean Services Ltd from PL Capital? ›
Yes, you can invest in Zaggle Prepaid Ocean Services Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Zaggle Prepaid Ocean Services Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Zaggle Prepaid Ocean Services Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Zaggle Prepaid Ocean Services Ltd pay dividends? ›
Zaggle Prepaid Ocean Services Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Zaggle Prepaid Ocean Services Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Zaggle Prepaid Ocean Services Ltd. is ₹ 279.9 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Zaggle Prepaid Ocean Services Ltd ? ›
The 52-week high and low of Zaggle Prepaid Ocean Services Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
