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Zaggle Prepaid Ocean Services Ltd

Zaggle Prepaid Ocean Services Ltd

NSE: ZAGGLE | BSE: 543985
187+3.07 (1.67%)
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    Performance

    Historical price movement and trading activity

    Trading Data

    Today's High

    187.88

    Today's Low

    180.34

    Open

    182

    Previous Close

    187

    Volume

    1685484

    Total Traded Value High

    312352067.8

    Overview

    IT - Software - IT Enabled Services / Business Process OutsourcingNSE / BSE

    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.

    Fundamentals

    Financial strength and ownership structure

    Valuation & Ratios

    Market Capitalisation

    ₹4,832.06

    Price to Book (PB)

    3.87

    Price to Earnings (PE)

    54.97

    Return on Equity (ROE)

    9.64%

    Earnings Per Share (EPS)

    6.55

    Dividend Yield

    0.00%

    Financial Performance

    184.24
    199.51
    273.37
    252.21
    302.56
    336.89
    412.11
    331.97
    432.22
    525.55
    617.92
    423.27
    Sep
    '23
    Dec
    '23
    Mar
    '24
    Jun
    '24
    Sep
    '24
    Dec
    '24
    Mar
    '25
    Jun
    '25
    Sep
    '25
    Dec
    '25
    Mar
    '26
    Jun
    '26

    Shareholding Pattern

    44.20%
    44.13%
    44.15%
    44.30%
    Sep
    '25
    Dec
    '25
    Mar
    '26
    Jun
    '26

    Technicals

    Price-based indicators and levels

    Indicators

    IndicatorValueSignal
    Relative Strength Index (RSI)+47.97Neutral
    MACD-4.36Bearish

    Support and Resistance Levels

    R3197.53
    R2191.69
    R1187.81
    S1178.09
    S2172.25
    S3168.37

    Moving Averages

    PeriodSMAEMA
    20D Moving Average184.47186.94
    50D Moving Average197.33195.73
    200D Moving Average248.93246.79

    News

    Zaggle Prepaid Ocean Services Ltd leads gainers in 'A' group

    19 Aug 2026

    Blackbuck Ltd, Shree Renuka Sugars Ltd, Chennai Petroleum Corporation Ltd and Tourism Finance Corporation of India Ltd are among the other gainers in the BSE's 'A' group today, 19 August 2026.

    Blackbuck Ltd, Shree Renuka Sugars Ltd, Chennai Petroleum Corporation Ltd and Tourism Finance Corporation of India Ltd are among the other gainers in the BSE's 'A' group today, 19 August 2026. Zaggle Prepaid Ocean Services Ltd soared 11.52% to Rs 184.95 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 18.84 lakh shares were traded on the counter so far as against the average daily volumes of 1.98 lakh shares in the past one month. Blackbuck Ltd spiked 6.21% to Rs 625.35. The stock was the second biggest gainer in 'A' group. On the BSE, 1.45 lakh shares were traded on the counter so far as against the average daily volumes of 50144 shares in the past one month. Shree Renuka Sugars Ltd surged 5.36% to Rs 24.55. The stock was the third biggest gainer in 'A' group. On the BSE, 27.9 lakh shares were traded on the counter so far as against the average daily volumes of 4.21 lakh shares in the past one month. Chennai Petroleum Corporation Ltd jumped 4.89% to Rs 1472.85. The stock was the fourth biggest gainer in 'A' group. On the BSE, 2.44 lakh shares were traded on the counter so far as against the average daily volumes of 2.1 lakh shares in the past one month. Tourism Finance Corporation of India Ltd exploded 4.13% to Rs 128.7. The stock was the fifth biggest gainer in 'A' group. On the BSE, 5.39 lakh shares were traded on the counter so far as against the average daily volumes of 14.24 lakh shares in the past one month.

    Zaggle Prepaid Ocean Services Ltd leads losers in 'A' group

    17 Aug 2026

    Cupid Ltd, Schneider Electric Infrastructure Ltd, Belrise Industries Ltd and NMDC Steel Ltd are among the other losers in the BSE's 'A' group today, 17 August 2026.

    Cupid Ltd, Schneider Electric Infrastructure Ltd, Belrise Industries Ltd and NMDC Steel Ltd are among the other losers in the BSE's 'A' group today, 17 August 2026. Zaggle Prepaid Ocean Services Ltd tumbled 20.00% to Rs 160.45 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 16.24 lakh shares were traded on the counter so far as against the average daily volumes of 36046 shares in the past one month. Cupid Ltd crashed 12.36% to Rs 257.4. The stock was the second biggest loser in 'A' group.On the BSE, 46.17 lakh shares were traded on the counter so far as against the average daily volumes of 27.03 lakh shares in the past one month. Schneider Electric Infrastructure Ltd lost 11.58% to Rs 1210. The stock was the third biggest loser in 'A' group.On the BSE, 98275 shares were traded on the counter so far as against the average daily volumes of 33749 shares in the past one month. Belrise Industries Ltd slipped 8.24% to Rs 234.35. The stock was the fourth biggest loser in 'A' group.On the BSE, 13.79 lakh shares were traded on the counter so far as against the average daily volumes of 3.38 lakh shares in the past one month. NMDC Steel Ltd plummeted 5.78% to Rs 41.92. The stock was the fifth biggest loser in 'A' group.On the BSE, 8.16 lakh shares were traded on the counter so far as against the average daily volumes of 2.38 lakh shares in the past one month.

    Zaggle Prepaid Ocean Services expands services for APAC Financial Services Private Limited

    8 Aug 2026

    Zaggle Prepaid Ocean Services Ltd. currently trades at Rs 206.06, having risen 0.71% over the last week. Zaggle Prepaid Ocean Services Limited has amended its agreement with APAC Financial Services Private Limited, initially entered into on June 29, 2026, according to a filing on August 08, 2026. The amendment, executed on August 07, 2026, expands the services provided to APAC Financial Services Private Limited to include Zaggle Employee Tax Benefits, in addition to the Zaggle Zoyer Platform and Employee Expense Management already offered under the original agreement. Trading volume reached 4.45 lakh shares today, a decrease of 8.69% from the average volume over the past week. Zaggle Prepaid Ocean Services Ltd. tanked by 46.38% year-over-year, underperforming the NIFTY50 index's 0.1% loss.

    Zaggle wins 3-year agreement from Daimler India Commercial Vehicles

    28 Jul 2026

    Zaggle Prepaid Ocean Services has entered into a 3-year agreement with Daimler India Commercial Vehicles (DICV) to provide its Zaggle Zatix platform and Corporate Credit Card Program for DICV's fleet partners.

    The commercial consideration will depend on the number of fleet partners and drivers onboarded, as well as spending at authorized DICV touchpoints during the agreement period. The company said the contract value cannot be ascertained at this stage. Zaggle Prepaid Ocean Services is a leading spend management company with a differentiated value proposition and diversified user base. The company operates in the business-to-business-to-customer (B2B2C) segment and is one of the largest issuers of prepaid cards in India through partnerships with leading banks. It also offers a diversified portfolio of software-as-a-service (SaaS) products, including tax and payroll software. The company's consolidated net profit surged 30.42% to Rs 40.60 crore on a 49.94% increase in revenue from operations to Rs 671.91 crore in Q4 FY26 as compared with Q4 FY25. Shares of Zaggle Prepaid Ocean Services rose 1.62% to close at Rs 203.45 on the BSE. Powered by Capital Market - Live News

    Zaggle Prepaid gains on partnering with HPCL for Drive Track Plus fleet programme

    1 Jul 2026

    Zaggle Prepaid Ocean Services added 1.88% to Rs 210.85 after it has entered into a five-year agreement with Hindustan Petroleum Corporation (HPCL) for its flagship Drive Track Plus fleet programme.

    Under the partnership, Zaggle will provide HPCL-funded loyalty reward points on the purchase of petroleum products to its corporate, fleet and retail customers by integrating its platform with HPCL's Drive Track Plus fleet card programme. The company said the commercial consideration under the agreement will depend on the number of users onboarded by Zaggle and the fuel spends by its customers through the Drive Track Plus programme. As a result, the contract value cannot be ascertained at this stage. Zaggle Prepaid Ocean Services is a leading spend management company with a differentiated value proposition and diversified user base. The company operates in the business-to-business-to-customer (B2B2C) segment and is one of the largest issuers of prepaid cards in India through partnerships with leading banks. It also offers a diversified portfolio of software-as-a-service (SaaS) products, including tax and payroll software. The company's consolidated net profit surged 30.42% to Rs 40.60 crore on a 49.94% increase in revenue from operations to Rs 671.91 crore in Q4 FY26 as compared with Q4 FY25. Hindustan Petroleum Corporation is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks. The company's standalone net profit jumped 46.09% to Rs 4,901.50 crore in Q4 FY26 as against Rs 3,354.98 crore in Q4 FY25. The company's total income (excluding excise duty) rose 4.97% YoY to Rs 1,15,782.23 crore during the March 2026 quarter. The counter slipped 0.81% to Rs 391.35 on the BSE. Powered by Capital Market - Live News

    Insider Activity

    KARTIKEYA PASUMARTIDesignated Person
    Acquired
    10000
    Shares Worth
    ₹29,07,312
    Reported On2 Apr 2024
    ModeMarket Purchase