Zaggle plans to raise around Rs 663 crore via initial public offering. We have taken the current issue price of Rs 164 per share as a base for calculation of total issue size.
The fundraise was conducted in two tranches, in consultation with the book running lead managers, allocating 59.75 lakh shares at a price of Rs 164 apiece
Ashish Kacholia, and Bengal Finance & Investment are the biggest investors, buying Rs 30 crore shares each in the Zaggle Prepaid Ocean Services ahead of IPO
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