Zaggle IPO allotment – how to check allotment, GMP, listing date and more

• Zaggle will share its allotment status on Thursday, September 21.
• The shares of Zaggle were subscribed 12.86 times.
• The shares are expected to be listed on the stock exchanges on September 22.

Mumbai-based Zaggle Prepaid Ocean Services, a business spend management software and services provider, is expected to announce the allotment status of its initial public offering (IPO) on Thursday, September 21.

The Zaggle IPO opened on September 14 and closed on September 18. The price band for the IPO was ₹156 to ₹164 per share.

Decent subscription

On its last day, the Zaggle IPO was subscribed 12.86 times, receiving bids for 24.28 crore equity shares against 1.93 crore shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 16.94 times, the non-institutional investors portion was subscribed 9.16 times. The retail portion also witnessed decent participation and was subscribed 6.15 times.

Grey market premium

The shares of Zaggle are currently commanding a grey market premium (GMP) of ₹15 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

Here’s how to check the IPO’s allotment status

You can check the allotment status on the registrar’s website.

• To check the Zaggle IPO allotment status, visit the registrar’s website here.
• Click on ‘Company Selection’ and then select ‘Zaggle’.
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
• Click on ‘Search’.

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Zaggle IPO allotment status on the BSE and NSE websites.

To check the allotment status on BSE or NSE website:

• Go to the BSE website.
• On the website, click on 'Equity' and then select ‘Zaggle’ from the dropdown menu.
• Now, enter your application number and PAN.
• Click on 'Search'.

You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

Zaggle listing date

The shares of Zaggle will be listed on the stock exchanges on September 22.

SEE ALSO:

Signature Global receives over 50% subscription on day one

Samsung Galaxy Z Fold 5 review – The foldable segment’s bar raised

iPhone 14, iPhone 13 get a price cut – How to own one with an additional discount