
Sagility India Limited IPO
MainboardIT Enabled Services
Listed On: Nov 12, 2024 at ₹ 31.06(NSE)
₹ 15000 /500 Shares
Check Allotment05 Nov, 2024
Open Date07 Nov, 2024
Close Date08 Nov, 2024
Allotment Date12 Nov, 2024
Listing DatePrice Summary
Last Closing
50.58 (68.6%)52 Week High
57.8952 Week Low
27.02Last Update
6-Nov-2025 3:30 PMSagility India IPO Issue Details
- Issue Price ₹28-30 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 70,21,99,262 shares(aggregating up to ₹2106.6 crore)
- Offer For Sale 70,21,99,262 shares(aggregating up to ₹2106.6 crore)
- Listing at BSE, NSE
- List Price 31.06(NSE)
- Listing Date 2024-11-12
- Lead Manager ICICI Securities Limited
Iifl Securities Ltd
Jefferies India Private Limited
J.P. Morgan India Private Limited - Registrar Link Intime India Private Ltd
Market Lot Size
Investors can bid for a minimum of 500 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 500 | ₹15,000 |
| Retail(max) | 13 | 6500 | ₹1,95,000 |
Sagility India IPO Reservation
Sagility India IPO offers total 702,199,262 shares. Out of which 210,089,779 (29.92%) allocated to QIB, 105,044,889 (14.96%) allocated to NII,70,029,926 (9.97%) allocated to RII, 1,900,000 (0.27%) allocated to employees and 315,134,668 (44.88%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 315,134,668 (44.88%) | |
| QIB Shares Offered | 210,089,779 (29.92%) | |
| NII (HNI) Shares Offered | 105,044,889 (14.96%) | |
| bNII < ₹10L | 70,029,926 (9.97%) | |
| sNII < ₹10L | 35,014,963 (4.99%) | |
| Retail Shares Offered | 70,029,926 (9.97%) | |
| Employee Shares Offered | 1,900,000 (0.27%) | |
| Total Shares Offered | 702,199,262 (100%) |
Sagility India IPO Details
Sagility India IPO is a book-built issue of ₹2106.6 crores, The total issue size is ₹2106.6 crores. The IPO of Sagility India is priced at ₹28-30 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Nov 5, 2024 and ends on Nov 7, 2024. The allotment for Sagility India IPO will be finalized on Nov 8, 2024. Sagility India IPO will be listed on BSE, NSE, with a tentative listing date fixed as Nov 12, 2024. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.
Retail investors can bid for a minimum of 500 shares, extendable to 15,000. The book-running lead manager for the IPO is/are ICICI Securities Limited, Iifl Securities Ltd, Jefferies India Private Limited, J.P. Morgan India Private Limited.
The total issue ₹2106.6 crore and having Offer for Sale (OFS) of 70,21,99,262 shares to mop up ₹2106.6 crore.
The Sagility India IPO sets its price band at 28-30 for each share. A single application for Sagility India Limited IPO must contain at least 500 shares. Sentiment investors need to invest a minimum of 500 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹15,000
Sagility India IPO Subscription Analysis And Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 210,089,779 | 105,044,889 70,029,926 35,014,963 | 70,029,926 | 387,064,594 |
Day 1 05-11-24 05:00 PM | 0.00 x | 0.07 0.04 x 0.14 x | 1.09 x | 0.22 x |
Day 2 06-11-24 05:00 PM | 0.07 x | 0.24 0.16 x 0.40 x | 2.24 x | 0.52 x |
Day 3 07-11-24 05:00 PM | 3.52 x | 1.90 1.69 x 2.33 x | 4.05 x | 3.18 x |
Sagility India Valuations
Sagility India Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 10,664.2 | 10,590.48 | 10,096.28 |
| Revenue | 4,781.5 | 4,236.06 | 944.39 |
| Profit After Tax | 228.27 | 143.57 | -4.67 |
| Net Worth | 6,443.13 | 6,206.67 | 4,026.62 |
| Reserves & Surplus | 1,855.44 | 4,013.38 | 2,073.8 |
| Total Borrowing | 1,933.52 | 2,347.94 | 4,239.23 |
About Sagility India Company
Sagility India Limited, erstwhile Berkmeer India Private Limited, is the Indian healthcare services leader that caters to specific solutions in the U.S. healthcare industry. The payers, including all the health insurers that bear healthcare costs within the U.S., and Providers that include hospitals, clinics, and diagnostic centers find solace in the knowledge of Sagility India in its seamless support for the healthcare ecosystem.
Payers have been offered a centralization of claims administration, checks in integrity payment, and support in clinical management from the services. This guarantees that Sagility processes claims free of errors in payments as well as streamlines the management of healthcare. Provider reimbursement flows become easier due to the revenue cycle management solution Sagility offers by having a less complicated billing and claim process. Sagility India provides several services to its Pharmacy Benefit Managers, or PBMs, which manage prescription drug coverage under health plans, enhancing coverage efficiency and support for their patients.
Sagility India has 35,000 employees with a female composition of 60.52% within its workforce; it makes use of certified professionals, such as registered nurses and certified medical coders. Sagility India is known for its dependability, serving five out of the ten largest U.S. payers, and adding 20 new clients since 2023 and up to 2024, which is proof of its steady growth and prestige in the healthcare services market.
Long-term partners—Sagility India averages 17 years with top customer groups—puts the firm firmly in the place of a trusted partner which optimizes healthcare operations all over the United States.
Sagility India - Promoter(s)
Sagility B.V
Sagility Holdings B.V
Pre Issue Share Holding : 97.39%
Post Issue Share Holding : 82.39%
Sagility India IPO - Issue Objectives
Achieve the benefits of listing the Equity Shares on the Stock Exchanges
Carry out the Offer for Sale of up to 984,460,377 Equity Shares of the face value of Rs. 10 each by the Promoter Selling Shareholder.
Sagility India IPO - Anchor Investors
Sagility India mobilises Rs 945 crore from anchor investors.
Global institutional investors bought shares via the anchor book are Nomura Funds, Government Pension Fund Global, Florida Retirement System, TIMF Holdings, Societe Generale, and Goldman Sachs.
Domestic fund houses and insurance companies including ICICI Prudential Mutual Fund, HDFC Mutual Fund, Mirae Asset, ICICI Prudential Life Insurance, Whiteoak Capital, PGIM India, Edelweiss Trusteeship, Motilal Oswal Mutual Fund, Baroda BNP Paribas Mutual Fund, Max Life Insurance, Aditya Birla Sun Life Insurance, Invesco India, SBI General Insurance, and Bharti Axa Life Insurance also invested in the Anchor.
Strength
Weakness
Contact Details
Sagility India
No. 23 & 24, AMR Tech Park, Building 2A, First Floor, Hongasandara Village, Off Hosur Road, Bommanahalli, Bengaluru - 560 068
+91- 80-7125 150
Registrar Contact Details
Link Intime India Private Ltd
+91-22-4918 6270
Sagility India IPO - FAQs
Ans. Sagility India Limited IPO is a Mainboard IPO. The issue is priced at ₹28-30 per equity share. The minimum order quantity is 500 Shares. The IPO opens on Nov 5, 2024, and closes on Nov 7, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Sagility India Limited IPO opens on Nov 5, 2024 and closes on Nov 7, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Sagility India Limited IPO is OFS : 702,199,262 shares of ₹10(aggregating up to ₹2,106.6 Cr).
Ans. The Sagility India Limited IPO price band is set between ₹28-30 per equity share.
Ans. To apply for Sagility India Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Sagility India Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Sagility India Limited IPO is Nov 8, 2024.
Ans. The Sagility India Limited IPO will be listed on Nov 12, 2024.
Ans. Follow the steps to check the Sagility India Limited IPO allotment status online.