Today, we’re going on a journey to explore the estimated Zaggle Share Price Target for the years 2023 to 2050. We will use our Research and the company’s growth prospects to make a prediction. By the end of our journey, you will have a better understanding of the expected Zaggle Share Price Target.
Zaggle Prepaid Ocean Services Limited, popularly known as Zaggle, has officially opened its IPO for subscription. The issue period for the IPO is from 14th September 2023 to 18th September 2023.
The IPO comprises a fresh issue of up to Rs. 3,920 million and an offer for sale of up to 10,449,816 equity shares. This includes an anchor allocation of 1,54,58,515 equity shares. The issue type has been set as 100% book building.
Potential investors can place their bids within a price range of Rs. 156 to Rs. 164. Each equity share has a face value of Re. 1 and a tick size of Re. 1. The bid lot has been set at 90 equity shares, and investors can place their bids in multiples thereof. The minimum order quantity for the IPO is 90 equity shares.
For retail investors, the maximum subscription amount has been capped at Rs. 2,00,000. On the other hand, QIB can bid for a maximum of 1,93,26,690 equity shares in multiples of 90 equity shares, calculated at the lower end of the price band. NIB has a maximum bid quantity set at 8,894,430 equity shares, also in multiples of 90 equity shares, calculated at the lower end of the price band.
Overview of Zaggle
| Name | Zaggle Prepaid Ocean Services Limited |
| Symbol | ZAGGLE |
| Industry | Fintech |
| Incorporated | 2011 |
| CEO | Raj N. Phani |
| Headquarters | Hyderabad, India |
| Exchange | NSE, BSE |
| Country | India |
| Locations | Hyderabad, Mumbai, Delhi, Bangalore, Chennai, Kolkata |
| Website | zaggle.in |
| Profile | Zaggle |
Zaggle is a fintech company based in Hyderabad, India. It offers a range of services including payments, lending, wealthtech, insurtech, and neo-banking. The company has collaborated with key banking partners, including IndusInd Bank Limited, Yes Bank Limited, and NSDL Payments Bank Limited, and has issued more than 50 million co-branded prepaid cards since the inception of its business.
Zaggle is a leading player in spend management, with more than 50 million prepaid cards issued in partnership with banking partners and more than 2.27 million users served, as of 31 March 2023.
It offers a differentiated value proposition and diversified user base. It is sector-agnostic, and its network of corporate customers (“Customers”) covers the banking and finance, technology, healthcare, manufacturing, FMCG, infrastructure, and automobile industries, among others.
It has relationships with brands such as TATA Steel, Persistent Systems, Vitech, Inox, Pitney Bowes, Wockhardt, MAZDA, PCBL, Hiranandani Group, Cotiviti, and Greenply Industries. The digital payment market is expected to grow at a CAGR of approximately 22% from 2023 to 2027.
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Zaggle Share price target for 2023, 2025, 2030 to 2050.
Keep an eye on Zaggle’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Zaggle’s stock price. we will also take into analyst recommendations from various brokerage firms at the end of the article.
Zaggle Share Price Live
Above, the chart presents historical prices for Zaggle stock, illustrating its trending behavior. Below, the table provides detailed data on the stock’s open, high, low, and close prices, offering a comprehensive perspective for stock analysis.
Zaggle Share Price History
Brokerage Firms
Zaggle Share Price Target 2023
An effective method for evaluating the Zaggle share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.
“Latest Research reports are not available.”
Fundamentals of Zaggle
The fundamental analysis of Zaggle Limited focuses on key factors to better understand the company’s valuation.
Zaggle Share Price Target 2023 to 2050
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Zaggle price target for 2023, 2025 to 2030, based on our Research knowledge and forecasting.
Zaggle Share Price Target 2023
As the IPO has just been launched, it is difficult to predict the exact share price target for 2023. However, based on the company’s financials and market trends, we can expect the share price to reach a minimum of Rs. 180 and a maximum of Rs. 200 by the end of 2023.
Zaggle Share Price Target 2024
In 2024, we expect the share price of Zaggle to continue its upward trend and reach a minimum of Rs. 220 and a maximum of Rs. 240. This is based on the company’s strong financial performance and the expected growth in the fintech market in India.
Zaggle Share Price Target 2025
By 2025, we expect Zaggle’s share price to reach a minimum of Rs. 260 and a maximum of Rs. 280. This is based on the company’s expected expansion plans and the growth potential of the fintech market in India.
Zaggle Share Price Target 2027
By 2027, we expect Zaggle’s share price to reach a minimum of Rs. 350 and a maximum of Rs. 370. This is based on the company’s expected market share growth and the overall growth of the fintech market in India.
Zaggle Share Price Target 2030
Looking ahead to 2030, we expect Zaggle’s share price to reach a minimum of Rs. 500 and a maximum of Rs. 550. This is based on the company’s expected expansion into new markets and the continued growth of the fintech industry in India and globally.
Zaggle Share Price Target 2035
By 2035, we expect Zaggle’s share price to reach a minimum of Rs. 700 and a maximum of Rs. 750. This is based on the company’s expected growth in revenue and market share, as well as the continued growth of the fintech industry in India and globally.
Zaggle Share Price Target 2050
Looking ahead to 2050, we expect Zaggle’s share price to reach a minimum of Rs. 1500 and a maximum of Rs. 2000. This is based on the company’s expected growth in revenue and market share, as well as the continued growth of the fintech industry in India and globally.
Analyst Recommendations
Zaggle Buy or Sell
Daily Low / High
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Zaggle Share Price Target 2023 to 2050
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2023 | Rs. 180 | Rs. 200 |
| 2024 | Rs. 220 | Rs. 240 |
| 2025 | Rs. 260 | Rs. 280 |
| 2026 | Rs. 300 | Rs. 320 |
| 2027 | Rs. 350 | Rs. 370 |
| 2030 | Rs. 500 | Rs. 550 |
| 2035 | Rs. 700 | Rs. 750 |
| 2040 | Rs. 1000 | Rs. 1100 |
| 2050 | Rs. 1500 | Rs. 2000 |
Zaggle IPO Date?
– The Zaggle IPO is open for subscription from 14 September to 18 September 2023.
Zaggle IPO Share Price Range?
– The Zaggle IPO has a price range set between Rs. 156 to Rs. 164.
Today Zaggle Share Price?
– Zaggle is not listed on the stock exchange.
Zaggle Share Price Target 2023?
– Based on our analysis, the maximum share price target for Zaggle in 2023 could be ₹200.
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I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices. My purpose is only educational, and I am using AI to see what the future of the stock might look like.
Disclaimer– These Share Price Targets for “Zaggle Share Price Target” are only provided for informational purposes only. It does not constitute a recommendation to buy, sell, or hold Zaggle stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
