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Zaggle IPO: Issue Oversubscribed Over 12X On Last Day

Zaggle’s public issue received bids for 24.29 Cr shares as against 1.93 Cr shares on offer, led by qualified institutional buyers

While the portion reserved for QIBs saw 16.37X subscription, retail investors’ category was also oversubscribed 5.94X

The B2B SaaS fintech startup’s IPO comprises a fresh issue of shares worth INR 392 Cr and an offer for sale for 10.5 Mn shares

B2B SaaS fintech startup Zaggle’s public issue was oversubscribed 12.57X on the last day of its IPO on Monday (September 18).


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