Sagility India Ltd launched its IPO on November 5, 2024. The Sagility India IPO is a book-built issue aiming to raise ₹2,106.60 crores through an offer for sale of 70.22 crore shares. The IPO segment offers shares at a price range between ₹28 and ₹30 each. The retail investors can participate with a minimum IPO lot size of 500 shares. As per the latest updates, the IPO allotment is expected on November 8, with listing on the BSE and NSE set for November 12.
Sagility India IPO Timeline Details
| Detail | Information |
| IPO Opening Date | November 5, 2024 |
| IPO Closing Date | November 7, 2024 |
| Listing Date | November 12, 2024 |
| Face Value | ₹10 per share |
| Price Range | ₹28 to ₹30 per share |
| Lot Size | 500 shares |
| Total Issue Size | 70,22,199,262 shares (₹2,106.60 Cr) |
| Offer for Sale | 70,22,199,262 shares (₹2,106.60 Cr) |
| Employee Discount | ₹2 per share |
| IPO Segment | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Registrar | Link Intime India Private Limited |
| Book Running Lead Managers | ICICI Securities Limited, IIFL Securities Limited, Jefferies India Private Limited, and J.P. Morgan India Private Limited |
Overview of Sagility India Limited
Sagility India Limited was formerly known as Berkmeer India Private Limited. It was established to provide healthcare-focused solutions and services to U.S. health insurers and providers. These include hospitals and medical technology companies.
As of March 31, 2024, Sagility India had 35,044 employees.
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Key IPO Details
- Sagility India IPO Opening Date: November 5, 2024
- Sagility India IPO Closing Date: November 7, 2024
- Sagility India Allotment Date: November 8, 2024
- Sagility India IPO Price Band: ₹28 to ₹30 per share
- Sagility India IPO Lot Size: 500 shares
- IPO Refunds Initiated: November 8, 2024
- Shares Credited to Demat: November 11, 2024
- IPO Listing Date: November 12, 2024
Sagility India Ltd: Financial Highlights for 2024
Sagility India Limited has shown a tremendous growth in the recent years.
Here’s a look at its recent financial reports:
Financial Summary
| Period Ended | Assets (₹ Crore) | Revenue (₹ Crore) | Profit After Tax (₹ Crore) | Net Worth (₹ Crore) | Total Borrowing (₹ Crore) |
| 30 Jun 2024 | 10,388.01 | 1,247.76 | 22.29 | 7,608.16 | 943.91 |
| 31 Mar 2024 | 10,664.2 | 4,781.5 | 228.27 | 6,443.13 | 1,933.52 |
| 31 Mar 2023 | 10,590.48 | 4,236.06 | 143.57 | 6,206.67 | 2,347.94 |
| 31 Mar 2022 | 10,096.28 | 944.39 | -4.67 | 4,026.62 | 4,239.23 |
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Sagility India Limited IPO: SWOT Analysis
Should you invest in Sagility India IPO?
The Sagility India IPO offers exciting prospects for investors. As shared, it is indeed a well-established provider of healthcare solutions in the U.S. It also offers diverse services that include claims administration and revenue cycle management. However, it may face risks due to its heavy reliance on the U.S. market and fierce competition. Still, there are opportunities for growth. This is beacuse the demand for healthcare services is ever growing.
FAQs | Sagility India Ltd IPO
Sagility India Ltd provides healthcare-focused solutions and services to U.S. health insurers and healthcare providers.
The bidding date for the Sagility India IPO is from November 5, 2024, to November 7, 2024.
The IPO lot size for Sagility India is 500 shares.
The Sagility India IPO launch date is November 5, 2024, and it will remain open for subscription until November 7, 2024.
You can check the allotment of IPO shares through the official registrar’s website.
The IPO allotment is expected to be finalized on Friday, November 8, 2024.
The IPO face value is set at ₹10 per share.
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Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.