Major public shareholders include Zuzu Software Services LLP with 4.13 per cent, Quadigo Ventures LLP with 3.92 per cent, Ashish Kacholia with 2.16 per cent, and Ajay Kumar Aggarwal with 1.02 per cent.

The stock gave multibagger returns of over 200 per cent from its 52-week low of Rs 155.60 per share.

Zaggle's robust customer demand and ever-developing market leadership in the spend management space have enabled it to present healthy financial figures, states Avinash Godkhindi, MD and CEO of Zaggle Prepaid Ocean Services Ltd.

The stock gave multibagger returns of 116 per cent from its 52-week low of Rs 155.60 per share.

Shares of the company gained more than 50 per cent in the last one month.

The latest quarterly report paints a picture of soaring success for Zaggle, with a record-breaking surge in revenue and a staggering 919.5 per cent year-on-year jump in profit after tax in Q3FY24. Notably, the renowned investor Ashish Kacholia has shown considerable confidence in the company, holding a substantial stake of 2.21 per cent.

He brought at Rs 164 per share and today it is trading at Rs 224.20 per share, a gain of 61 points or 36.71 per cent.

The shares of the company saw a spurt in volume by more than 2 times on BSE.

The stock also made a new 52-week high of Rs 222.30 per share.

IPO Rating: Apply for listing gains