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  1. Sagility India IPO Listing Date: Key things to know before debut on NSE and BSE

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Sagility India IPO Listing Date: Key things to know before debut on NSE and BSE

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2 min read | Updated on November 11, 2024, 12:24 IST

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SUMMARY

Sagility India IPO Listing Date: Sagility India shares will be listed on the BSE (earlier called the Bombay Stock Exchange) and the NSE (National Stock Exchange) on Tuesday, November 12. The equity shares will start trading at 10 am on the bourses.

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In the first quarter of FY25, Sagility India's revenue and net profit stood at ₹1,223 crore and ₹22.2 crore, respectively.

Sagility India IPO Listing Date: Shares of Sagility India Ltd, which offers tech-enabled healthcare solutions and services to clients in the US, are all set to make their Dalal Street debut on Tuesday, November 12. The initial share sale was subscribed 3.20 times during the three-day subscription period. The share allotment status was finalised on Saturday. As the listing is just a day away, here are key things you need to know about Sagility India IPO.

Sagility India IPO: Subscription

The public offer received bids for 123,99,75,500 equity shares against 38,70,64,594 shares on offer, leading to a total subscription of 3.20 times.

CategoryNumber of Times Subscription
Qualified Institutional Buyers (QIBs)3.52
Non-institutional Investors1.93
Retail Individual Investors (RIIs)4.16
Total3.20

Sagility India IPO: Objective

The issue, with a price range of ₹28-₹30 per equity share, is an offer-for-sale of 70.22 crore shares aggregating to ₹2,106.6 crore by promoter Sagility BV.

Since Sagility India IPO is completely an OFS, Sagility India will not get any proceeds from the initial share sale.

Sagility India IPO: Listing date and time

Sagility India shares will be listed on the BSE (earlier called the Bombay Stock Exchange) and the NSE (National Stock Exchange) on Tuesday, November 12. The equity shares will start trading at 10 am on the bourses.

Sagility India IPO: Financials

The company's revenue from operations was ₹4,753 crore in the financial year 2023-24 against ₹4,218 crore in the previous fiscal, reflecting an increase of 12.6%.

The profit after tax (PAT) jumped 59% to ₹228.2 crore in FY24, compared to ₹143.5 crore in the financial year 2022-23.

In the first quarter of FY25, the revenue and net profit stood at ₹1,223 crore and ₹22.2 crore, respectively.

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About The Author

WhatsApp Image 2024-06-20 at 9.58.49 AM.jpeg
Kamal Joshi is a business journalist who covers industries, markets and IPOs. He is passionate about breaking news and enjoys playing tennis, where he loves flexing his backhand.

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