Sagility India IPO: 10 points you need to know ahead of ₹2,107 crore public offer opening

Sagility India IPO: Technology-enabled healthcare services provider Sagility India's IPO will open for public subscription on Tuesday, November 5. The issue aims to raise ₹2,106.6 crore.

Sagility India IPO: 10 key things to know

• Sagility India subscription period: The issue will be open for bidding from Tuesday, November 5 to Thursday, November 7.
• Sagility India IPO anchor bidding: The bidding for anchor investors will occur on Monday, November 4.
• IPO offer structure: The Bengaluru-based firm aims to raise ₹2,106.6 crore via an offer for sale (OFS) of 70.22 crore shares by promoter Sagility BV.
• Sagility India IPO price band: The price band has been fixed at ₹28-₹30 per equity share.
• Reservation: The company has set aside 75% of the issue for qualified institutional buyers or QIBs, 10% for retail investors and 15% for non-institutional investors.
• Sagility India IPO lot size: Investors can bid for at least one lot size worth ₹14,000, consisting of 500 shares.
• Objective: As there is no fresh issue component, the IPO proceeds will go to the selling shareholder.
• Book-running lead manager and registrar: IIFL Securities, ICICI Securities, JP Morgan India, and Jefferies India are the booking-running lead managers. Link Intime India Pvt Ltd is the IPO's registrar.
• Allotment date: The IPO share allotment status will likely occur on November 8.
• Listing date: The company's shares will be listed on the NSE and the BSE on November 12.

Sagility India IPO date: About the company

As of June 30, 2024, the company's clients are located in the US, and its talent pool is in five locations: India, the US, the Philippines, Jamaica, and Colombia.