The Sagility India IPO was designed to mop up Rs 2,107 crore from the market and it achieved an oversubscription of 4.16 times in the retail category – while 70,029,926 shares were on offer for retail investors, they applied for a total of 29,14,61,000 shares putting in an amount of Rs 874.38 crore. While overall 387,064,594 shares were on offer applications for 1,23,99,75,500 shares were received.
The Grey Market Premium, or GMP, of Sagility India IPO recorded Re 0.30 which was only 1% of the share price of Rs 30, according to investorgain. The GMP stood at Rs 3 on November 2, but dropped to 0 on November 4, but recovered to 30 paise on November 7, when the bidding closed. The GMP stood at the level of 30 paise on the morning of November 9, indicating a slim 1% listing gain. However, it must be remembered that GMP is an unofficial estimate that does not guarantee listing loss or listing gain.
How to check Sagility India IPO allotment with registrar
One: Enter the website of the registrar to the IPO at https://linkintime.co.in/initial_offer/public-issues.html
TWO: Select the name of the IPO from a list. The name of Sagility India will show after allotment is done.
THREE: One has to type in the application number, demat account, or PAN to check status.
FOUR: Select ASBA (Application Supported by Blocked Amount) or non-ASBA mode.
FIVE: One has to give name of IPO again and captcha to submit.
Check Sagility India IPO allotment on NSE
ONE: Visit NSE website https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
TWO: Register with PAN.
THREE: Type in username, password and also captcha
FOUR: New page will open. Check “IPO allotment status”
Check Sagility India IPO allotment on BSE
ONE: Enter BSE website https://www.bseindia.com/investors/appli_check.aspx
TWO: In ‘Issue Type’ choose ‘Equity’
THREE: Select “Sagility India“ from options under ‘Issue Name’
FOUR: Type in application number or PAN
FIVE: Select ‘I am not a Robot’; click ‘Submit’
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling sharesor subscriptions of any IPO or Mutual Fund.)
Sagility India IPO was oversubscribed 3.2 times overall while its retail portion was oversubscribed 4.16 times. The allotment of the shares will take place on Saturday, November 9, 2024. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today