Market News
2 min read | Updated on November 11, 2024, 12:24 IST
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.
In the first quarter of FY25, Sagility India's revenue and net profit stood at ₹1,223 crore and ₹22.2 crore, respectively.
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.
Category | Number of Times Subscription |
---|---|
Qualified Institutional Buyers (QIBs) | 3.52 |
Non-institutional Investors | 1.93 |
Retail Individual Investors (RIIs) | 4.16 |
Total | 3.20 |
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.
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.
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.
About The Author
Next Story