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Zaggle Prepaid Ocean stock jumps on ad deal with Bennett Coleman

Zaggle Prepaid Ocean Services Limited announced an advertisement agreement with Bennett Coleman and Company Limited and a warrant subscription deal worth Rs 39.99 crore value
zaggle-partners-with-visa-launches-co-branded-prepaid-cards-stock-up

Introduction

leading prepaid fintech firm announced an advertisement agreement with a major media house and approved a warrant subscription deal valued at Rs 39.99 crore under regulatory disclosure norms requirements today.

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Share price movement of Zaggle Prepaid

On December 16, 2025, Zaggle Prepaid Ocean Services Limited opened at ₹346.40, unchanged from its previous close of ₹346.40. The stock touched a high of ₹357.90 (up 3.32%) and a low of ₹344.95. By 10:42 AM, it traded at ₹356.35, marking a 2.87% rise, with a market capitalisation of ₹4,791.20 crore.

Zaggle Prepaid Ocean signs ad agreement

Zaggle Prepaid Ocean Services Limited informed exchanges under Regulation 30 that it executed an advertisement agreement with Bennett Coleman and Company Limited.

The agreement enables Bennett Coleman and Company Limited to advertise products, services, and brands of Zaggle Prepaid Ocean Services Limited and its subsidiaries across media platforms as per the agreement.

Bennett Coleman and Company Limited entered a warrant subscription agreement to subscribe 7,05,467 warrants priced at Rs 567 each, aggregating Rs 39,99,99,789, convertible into equity shares of face value Re1.

Stock performance of Zaggle Prepaid for Period of 1 week, 6 months, and 1 year

Zaggle Prepaid Ocean Services Ltd delivered a 0.22% return over the past week, declined by 14.6% in the past six months, and fell 40.5% over the past year.

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Shareholding pattern of Zaggle Prepaid

ParticularsSep 2025Jun 2025Mar 2025
Promoter44.20%44.20%44.20%
FII9%9%8%
DII8.60%10.60%13%
Public39%37%34%

About Zaggle Prepaid

Zaggle Prepaid Ocean Services Ltd (NSE: ZAGGLE) builds financial solutions to manage business expenses for corporates, SMEs, and startups through automated workflows, operating at the intersection of SaaS and fintech, with headquarters in Hyderabad.

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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

Q: Why is Zaggle Prepaid Ocean Services Limited share price going up today?

A: Zaggle Prepaid Ocean Services Limited shares rose after signing an advertisement agreement and approving a warrant deal worth Rs 39.99 crore.

Q: What does Zaggle Prepaid Ocean Services Limited specialize in?

A: Zaggle Prepaid Ocean Services Limited specializes in fintech and SaaS solutions that help corporates manage business expenses through automated digital workflows.

Q: What is the market capitalization of Zaggle Prepaid Ocean Services Limited?

A: Zaggle Prepaid Ocean Services Limited has a market capitalization of around Rs 4,791 crore as of December 16, 2025.

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