Introduction
Leading prepaid and spend management services firm amended its agreement with BOBCARD Limited to receive additional commissions for providing commercial cards alongside its Spend Management platform.
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Share price movement of Zaggle Prepaid
On October 17, 2025, Zaggle Prepaid Ocean Services Ltd opened at ₹350.15, up 0.28% from its previous close of ₹354.10. The stock reached a high of ₹355.00 (0.28%) and a low of ₹347.05. By 1:58 PM, it traded at ₹349.10, down 1.41%, with a market cap of ₹4,686.81 crore.
Zaggle Amends Agreement with BOBCARD
Zaggle Prepaid Ocean Services Limited has signed an amendment to its Master Service Agreement with BOBCARD Limited. The agreement was originally executed on October 5, 2023.
The amendment was executed on October 15, 2025. It provides for additional commissions to Zaggle as a percentage of spends for offering BOBCARD’s Commercial Cards.
Zaggle will continue its Spend Management platform alongside BOBCARD’s cards. The amendment is expected to enhance revenue through increased commissions.
Recent news on Zaggle Prepaid
As of September 23, 2025, Zaggle Prepaid Ocean Services Limited entered a five-year agreement with Mastercard Asia/Pacific to launch and promote co-branded domestic prepaid cards through 2030.
Ace investor holding in Zaggle Prepaid
Ashish Kacholia holds a 2.24% stake in Zaggle Prepaid Ocean Services Ltd, owning 30,03,356 shares valued at ₹105.2 crore.
Ajay Kumar Aggarwal holds a 1.11% stake in Zaggle Prepaid Ocean Services Ltd, owning 14,89,892 shares valued at ₹52.1 crore.
Stock performance of Zaggle Prepaid for Period of 1 week, 6 months, and 1 year
Zaggle Prepaid Ocean Services Ltd delivered a -1.71% return over the past week. The stock gained 6.93% in the past six months and declined 19.2% over the past year.
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Shareholding pattern of Zaggle Prepaid
| 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 Prepaid
Zaggle Prepaid Ocean Services Ltd (NSE: ZAGGLE) offers financial solutions and products to manage corporate, SME, and startup business expenses. Headquartered in Hyderabad, it 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 share price rose after signing an amendment to its Master Service Agreement with BOBCARD Limited.
A: Ashish Kacholia holds a 2.24% stake in Zaggle Prepaid Ocean Services Ltd, owning 30,03,356 shares valued at ₹105.2 crore.
A: Ajay Kumar Aggarwal holds a 1.11% stake in Zaggle Prepaid Ocean Services Ltd, owning 14,89,892 shares valued at ₹52.1 crore.
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| Meta Description | Zaggle Prepaid Ocean Services Limited amended its Master Service Agreement with BOBCARD Limited to earn additional commissions on commercial cards. |
