Introduction
Leading fintech firm has signed a two-year agreement with a domestic bank to provide an employee expense management and benefits platform, enhancing operational efficiency and streamlining workforce financial management solutions.
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Share price movement of Zaggle
On September 2, 2025, Zaggle Prepaid Ocean Services Ltd opened at ₹402.05, up 0.97% from its previous close of ₹401.10. The stock reached a high of ₹409.45 and a low of ₹400.60. By 11:28 AM, it traded at ₹405.00, with a market cap of ₹5,434.52 crore.
Zaggle Partners with Suryoday Bank for Services
Zaggle Prepaid Ocean Services Limited has entered into a two-year agreement with Suryoday Small Finance Bank Limited. Under the contract, Zaggle will provide its Zaggle Save platform for employee expense management and benefits.
The order is domestic and not related to any promoter or group company interest. The contract is not a related-party transaction. Zaggle will execute the services over the next two years as per the agreement.
Recent news on Zaggle
As of July 30, 2025, Zaggle Prepaid Ocean Services Ltd signed a non-binding term sheet to acquire 100% stake in Rivpe Technology (Rio.Money) for Rs 22 crore, expanding into UPI and consumer credit card services.
Ace investor holding in Zaggle
Ashish Kacholia holds a 2.24% stake in Zaggle Prepaid Ocean Services Ltd, owning 3,003,356 shares valued at ₹121.6 crore.
Ajay Kumar Aggarwal holds a 1.11% stake in Zaggle Prepaid Ocean Services Ltd, owning 1,489,892 shares valued at ₹60.3 crore.
Stock performance of Zaggle for Period of 1 week, 6 months, and 1 year
Zaggle Prepaid Ocean Services Ltd delivered a 1.13% return over the past week, it gained 8.59% in the past six months. The stock rose 14.1% over the past year.
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Shareholding pattern of Zaggle
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 44.20% | 44.20% | 40.10% |
| FII | 8.50% | 8.40% | 9.20% |
| DII | 10.60% | 13.30% | 14.60% |
| Public | 36.60% | 34.10% | 36.20% |
About Zaggle
Zaggle Prepaid Ocean Services Ltd (NSE: ZAGGLE) develops financial solutions and products to manage corporate, SME, and startup business expenses through automated, innovative workflows. The Hyderabad-based company operates at the intersection of SaaS and Fintech.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
A: Zaggle Prepaid Ocean Services Ltd shares are rising after the company signed a two-year agreement with Suryoday Small Finance Bank Limited.
A: Ashish Kacholia holds a 2.24% stake in Zaggle Prepaid Ocean Services Ltd, owning 3,003,356 shares valued at ₹121.6 crore.
A: Zaggle Prepaid Ocean Services Ltd specializes in financial solutions and products to manage corporate, SME, and startup business expenses efficiently.
