New Delhi: Sagility India IPO price band has been set at Rs 28-30 apiece. The IPO of the healthcare sector-focused company will open on November 5, 2024, The Rs 2,107 crore IPO will follow the subscription offer of Swiggy next week. Sagility India IPO entirely comprises an offer for sale of 70.22 crore shares by the promoter entity Sagility BV.
Sagility India IPO will not have any freshly issued shares, according to the DRHP. Sagility IPO IPO OFS size has been cut from the previously stated 98.44 crore shares. The EQT Private Capital Asia-backed, Bengaluru-based company will launch its offer for anchor investors on November 4, 2024.
Sagility India IPO GMP
Sagility India IPO GMP stood at Rs 0 apiece as of October 30, 2024, according to Investorgain. This indicates a listing price of Rs 30 apiece, equalling the upper IPO price band. GMP or grey market premium is the extra amount an individual is willing to pay to acquire a company’s stock. Sagility India IPO minimum lot size is 500 shares equalling Rs 15,000.
Sagility India IPO key dates
Sagility IPO opens on November 5, 2024, and closes on November 7, 2024. Sagility India IPO allotment date has been fixed on November 8, 2024. Refunds will be initiated on November 8, 2024. Shares to allottees will be credited on November 11, 2024. The Sagility India IPO listing date has been fixed on November 12, 2024.
Sagility India IPO financials
Sagility India reported a profit after tax of Rs 22.29 crore for the period ending June 30, 2024, compared to Rs 228.27 crore in the previous quarter. The company’s revenues stood at Rs 1,247.76 crore in the June quarter compared to Rs 4,781.5 crore in the previous quarter. ICICI Securities, IIFL Securities, Jefferies India, and J P Morgan India are book-running lead managers on the Sagility India IP. The IPO registrar is Link Intime India.
Sagility India IPO: The Rs 2,107 crore public issue of healthcare sector focused company Sagility India will open on November 5, 2024. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today