Sagility India IPO GMP, Price Band, Open Date, Allotment Status

Sagility India IPO GMP is Rs 8. The upper price band is decided at Rs 28 to Rs 30 per share. The grey market premium quotation has now started. GMP is an amount which shows how much premium an investor wants to pay for the upcoming IPO.

Sagility India IPO opens for subscription from November 5, 2024, and closes on November 4, 2024. It is a book-built issue of Rs 2,106.60 crores. This upcoming IPO is an entirely an offer for sale of 70.22 crores. The full amount will go to the selling shareholders because no fresh issue component is available.

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Sagility India IPO GMP

Sagility India IPO GMP quotation is Rs 8. You can check the latest GMP price online. If the subscription got oversubscribed then Sagility India IPO GMP might rise in the coming days. However, if this upcoming IPO remains undersubscribed then GMP might slip below Rs 5.

Sagility India IPO Price Band

Sagility India IPO price band is Rs 28 to Rs 30 per share. The minimum lot size set for the retail is 500 shares. The minimum lot for small Non-institutional investors is 14 lots consisting of 7000 shares. Meanwhile, the minimum lot for big non-institutional investors is 67 lots with 33,500 shares.

The minimum investment required for retail category investors is Rs 15,000. However, for small NII, the minimum investment amount required is Rs 2,10,000 for big non-institutional investors, it is Rs 10,05,000.

Sagility India IPO Allotment Status

Sagility India IPO Listing Date

Sagility India IPO listing date of the company’s listing date is decided on November 12, 2024. The Listing will be on both the exchanges NSE and BSE. Retail investors can sell the shares after 10 AM on the listing day.

Sagility India IPO: Listing Date , Lot Size, Price Band

Sagility India Limited: About the Company

Sagility India Limited incorporated in  2021, formerly known as Berkmeer India Private Limited. It provides healthcare-focused solutions and services to Payers and Providers (primarily hospitals, physicians, diagnostics and medical technology companies).

Sagility supports the core business of both payers and providers. Services to payers span their entire operational spectrum, including centralised claims administration and clinical services functions. These include claims administration, payment integrity, clinical management and other services.

For providers, the Sagility India Limited offers revenue cycle management services to assist them in managing their billing and claiming treatment costs from payers. In addition, the company also offers some of the services it provides to payers and pharmacy benefit managers who manage prescription drug coverage for members under health benefit plans.

Sagility India IPO Objectives

Sagility India IPO objective is to get the listing benefits from stock exchange. Also to carry out the Offer for Sale of up to 702,199,262 Equity Shares of the face value of Rs. 10 each by the Promoter Selling Shareholder.

Sagility India IPO: Key Dates, Allotment, Listing Date

Sagility India IPO Subscription Details, IPO Reservation

Sagility India IPO subscription details will be available after the IPO opens on 5 November 2024. In the QIB category, 75% of the net offer is reserved. The remaining 10% is reserved for retail investors, and 15% is for Non Institutional investors.

Sagility India IPO Lot Size Details 

Sagility India, IPO lot size, is set at 500 shares per lot. For retail, the minimum lot size is 1 lot, amounting to Rs 15,000 and the maximum is 13 lots, amounting to Rs 1,95.000. For small HNI, the minimum lot size is 14, amounting to Rs 2,10,000 and the maximum is 66 lots, amounting to Rs 9,90,000. For the big HNI, the minimum is 67 lots.

Sagility India IPO Promoter Holdings

Sagility India IPO promoters are Sagility B.V. and Sagility Holdings B.V. The promoters shareholdings before the IPO were 100%; however, after the IPO, shareholdings will decline to 63.31%.

Sagility India Limited Company Financials (Amt in Crore)

Sagility India Limited posted revenue of Rs 1,247 crore and net profit of Rs 22.29 crore for the period ending on 30 Jun 2024. The company’s revenue increased by 13% and PAT increased by 59% between the FY ending on 31 March 2024 and 31 March 2023.

Sagility India IPO Registrar

Sagility India IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on Link Intime India and select the name of the company and enter PAN number or application ID to know their allotment status.

Sagility India IPO Lead Managers

Sagility India IPO lead managers are ICICI Securities Limited, Iifl Securities Ltd, Jefferies India Private Limited and J.P. Morgan India Private Limited.

How to apply to Sagility India IPO

Interested investors can apply to the Sagility India IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Sagility India IPO Review 

Sagility India IPO might get a positive response from the general public. The company is involved in the healthcare sector and provides healthcare services and solutions. Investors interested in the healthcare sector may apply to this IPO for decent gains.

Sagility India IPO FAQ

1. What are the details of the Sagility India IPO?

Sagility India IPO is a book-built issue of Rs 2,106.60 crores. This upcoming IPO is entirely an offer for sale of 70.22 crores. The full amount will go to the selling shareholders because no fresh issue component is available.

2. When will the Sagility India IPO open and close?

Sagility India IPO opens for subscription from November 5, 2024, and closes on November 7, 2024. Sagility India IPO allotment date is to be finalised on Friday, November 8, 2024.

3. What is Sagility India IPO GMP?

Sagility India IPO GMP quotation is Rs 8. You can check the latest GMP price online. If the subscription got oversubscribed then Sagility India IPO GMP might rise in the coming days. However, if this upcoming IPO remains undersubscribed then GMP might slip below Rs 5.

4. What are the details of Sagility India IPO reservation?

Sagility India IPO subscription details will be available after the IPO opens on 5 November 2024. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non Institutional investors.

5. Write the details of the IPO Allotment?

Sagility India IPO allotment status is to be finalised on Friday, November 8, 2024. The listing will be on the BSE, NSE platform on Wednesday, November 12, 2024. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for Sagility India IPO?

Sagility India IPO Registrar is Link Intime India Limited. The book-running lead manager for this IPO is ICICI Securities Limited, Iifl Securities Ltd, Jefferies India Private Limited and J.P. Morgan India Private Limited. Investors can check the allotment status in the Link Intime India Private Limited official website. 

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• What is IPO GMP?
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