IGI Logo

Zaggle Prepaid Ocean Services is currently trading at Rs. 434.50, up by 13.45 points or 3.19% from its previous closing of Rs. 421.05 on the BSE.

The scrip opened at Rs. 417.55 and has touched a high and low of Rs. 436.35 and Rs. 415.25 respectively. So far 123506 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 597.00 on 17-Dec-2024 and a 52 week low of Rs. 235.00 on 04-Jun-2024.

Last one week high and low of the scrip stood at Rs. 436.35 and Rs. 351.05 respectively. The current market cap of the company is Rs. 5825.82 crore.

The promoters holding in the company stood at 44.21%, while Institutions and Non-Institutions held 19.98% and 35.81% respectively.

Zaggle Prepaid Ocean Services has entered into strategic partnership with Mesh Payments, a top provider of AI-driven Travel and Expense (T&E) solutions. The partnership marks a significant milestone for both companies as they unite to streamline global and local spend operations for cross-border businesses.

The company's partnership with Mesh Payments enables Indian MNC's to manage global expenses seamlessly across the U.S, Europe, and LATAM using Mesh Payments' capabilities to issue corporate cards in global markets, while Mesh Payments' global clients operating in India, through their GCCs, can leverage the company's vast Spend Management ecosystem spanning Corporate Credit Cards, Prepaid Cards, Forex cards and Travel Solutions.

As finance teams navigate international growth and increasing complexity, the Mesh-Zaggle partnership offers a trusted, high-value solution designed to support global ambitions with local precision. Together, they empower finance teams with enhanced control, visibility, and efficiency across currencies and continents. 

Zaggle Prepaid Ocean Services operates in a segment where it interacts and interface with its customers (i.e., businesses) and end Users (i.e., employees) and is among a small number of uniquely positioned players with a diversified offering of fintech products and services.