Sagility India IPO booked over 3 times on last day: Subscription details and how to check share allotment status online

Sagility India IPO was subscribed more than 3 times on the last day of bidding on Thursday, November 7.

The initial public offering of the healthcare solutions provider received bids for nearly 124 crore shares against 38.7 crore shares on offer, leading to an overall subscription of 3.2 times.

The ₹2,106.6-crore mainboard issue was open for bidding from November 5 to November 7.

The investors are now awaiting the company to finalise the IPO share allotment status, after the successful subscription. The IPO share allotment status is likely to be finalised on November 8.

The IPO share allotment status can be checked on the official website of the issue registrar Link Intime India Private Limited. Alternatively, the investors can also check the share allotment status on the BSE and NSE websites.

Steps to check Sagility India IPO share allotment status on NSE

• Go to the NSE IPO allotment status page
• Enter your username and password to login (Investors must note that new users will need to create a fresh login ID to proceed)
• Select ‘Sagility India’ from the drop-down menu
• Type in PAN details
• Enter your IPO application number
• Click on the ‘I am not a Robot’ checkbox
• Hit the ‘Submit’ button

Similarly, the investors can also check the IPO share allotment status on the BSE website by entering their PAN details and IPO application number.

Step-by-step guide to check Sagility India IPO share allotment status on the Link Intime website

• Visit the Link Intime India Pvt Ltd website at https://www.linkintime.co.in/
• Go to the ‘Investor Services’ tab on the main menu and select ‘Public Issues’
• Choose ‘Sagility India’ from the drop-down list for issue names
• Enter any of the following: Application No, DP/Client ID, PAN, or Account No / IFSC
• Click on the ‘Submit’ button, the allotment status will be shown on your screen

Sagility India IPO subscription details

The retail portion of the mainboard issue was subscribed 4.16 times as investors placed bids for over 29.14 crore shares compared to 7 crore shares set aside for the category.

The Non-Institutional Investors (NIIs) applied for more than 20.27 crore shares against 10.5 crore shares set aside for the category, leading to a subscription of 1.93 times.

The Qualified Institutional Buyers (QIBs) booked their quota 3.52 times. The QIBs applied for 73.86 crore shares against 21 crore shares reserved for them.

Employees of the company placed bids for over 71.3 lakh shares compared to 19 lakh shares set aside for the category. The issue was booked 3.75 times in the employees’ category.

Sagility India IPO listing date

After finalising share allocation, the company will initiate refunds for the unsuccessful bidders on Friday, November 8. The allottees will receive shares on their Demat accounts on Monday, November 11.

The IPO listing has been tentatively scheduled for Tuesday, November 12. Shares of the company will be listed on the NSE and BSE.

Sagility India IPO Details

Sagility India IPO (Sagility India Limited IPO), a book-building issue worth ₹2,106.6 crore, consists only of entirely an offer-for-sale (OFS) of 70.22 crore shares. The IPO price band was fixed at ₹28 to ₹30 per share.

The minimum application size for retail investors was a single lot of 500 shares, aggregating to an investment of ₹15,000.

About Sagility India Limited

Sagility India Limited is primarily engaged in providing various solutions to health insurance firms, hospitals and other entities in the healthcare industry. The company’s clients include health insurers and healthcare service providers like hospitals, doctors and clinics.