Sagility India Share Price Highlights: Stock settles 6.3% lower after listing at 3.5% premium on NSE

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4 min read | Updated on November 12, 2024, 15:40 IST

SUMMARY

Sagility India Share Price Highlights: The issue was entirely an offer for sale (OFS) of 70.22 crore equity shares worth ₹2,106.6 crore without a fresh issuance of shares.

Sagility India provides technology-enabled business solutions and services to the US healthcare sector.

Sagility India Share Price Live Update at 3:32 pm: Shares of Sagility India settled 6.3% lower at ₹29.10 after listing at a premium of 3.5% on the NSE.

Sagility India Share Price Live Update at 3:00 pm: Trading stats

Traded volume: 2,471.08 lakh
Traded value: ₹772.95 crore
Total market cap: ₹13,931.63 crore

Sagility India Share Price Live Update at 2:20 pm: Shares of tech-enabled healthcare services provider Sagility India are down 5.5% to ₹29.35 per share on the NSE.

Sagility India Share Price Live Update at 1:44 pm: Price information

Current price: ₹30.5 (-1.80%)
Issue price: ₹30
Open: ₹31.06
High: ₹32.87
Low: ₹30.16

Sagility India Share Price Live Update at 12:47 pm: The stock is down 2% to ₹30.43 a unit on the NSE.

Sagility India Share Price Live Update at 12:23 pm: The company's shares are trading 1.29% lower at ₹30.66 apiece on the NSE.

Sagility India Share Price Live Update at 11:46 am: Board of Directors

Martin Cole, Chairman, Non-Executive Non-Independent Director
Venkat Krishnaswamy, Independent Director
Ramesh Gopalan, Managing Director and Group CEO
Hari Gopalakrishnan, Non-Executive Non-Independent Director
Dr William Winkenwrder, Independent Director
Anil Chanana, Independent Director
Ginger Dusek, Independent Director
Dr Shalini Sarin, Independent Director

Sagility India Share Price Live Update at 11:20 am: Trading stats

Traded volume: 1,883.58 lakh
Traded value: ₹594.52 crore
Total market cap: ₹14,652.56 crore

Sagility India Share Price Live Update at 10:46 am: The market capitalisation of the company stands at ₹559.94 crore as shares are trading 1.87% higher at ₹31.64 on the NSE.

Sagility India Share Price Live Update at 10:18 am: Sagility India shares are up 5.5% to ₹32.79 per share on the NSE.

Sagility India Share Price Live Update at 10:02 am: Following listing at a 3.5% premium, shares of Sagility India declined 1.19% to ₹30.69 on the NSE. On the BSE, the scrip was trading at ₹31.05, down 0.03%.

Sagility India Share Price Live Update at 9:49 am: Sagility India IPO listed at ₹31.06 a unit on the National Stock Exchange (NSE) and the BSE on Tuesday, a premium of 3.5% to the issue price of ₹30 apiece.

Sagility India IPO Listing Live Update at 9:33 am: Objective

Since the IPO is completely an OFS, the entire proceeds from the issue will go to the selling shareholders.

Sagility India IPO Listing Live Update at 9:20 am: Price Band

The Sagility India IPO price band was set at ₹28- ₹30 per share.

Sagility India IPO Listing Live Update at 9:05 am: Sagility India shares will be listed on the NSE and the BSE on Tuesday, November 12, at 10 am.

Sagility India IPO Listing Live Update at 8:56 am: Who are the book-running lead managers for the IPO?

ICICI Securities, Jefferies India, JP Morgan India and IIFL Securities are the book-running lead managers to the issue.

Sagility India IPO Listing Live Update at 8:42 am: Financials

Particulars	FY23	FY24	Q1FY25
Revenue	₹4,218 cr	₹4,753 cr	₹1,223 cr
Net Profit	₹143.5 cr	₹228.2 cr	₹22.2 cr

Sagility India IPO Listing LIVE: Shares of Sagility India Ltd will be listed on the BSE and the NSE on Tuesday, November 12, 2024.

During the November 5-November 7 subscription window, the initial share sale, with a price range of ₹28-₹30 per share, was subscribed 3.20 times.

Retail investors subscribed the most, 4.16 times, followed by qualified institutional buyers or QIBs 3.52 times and non-institutional investors (NIIs), 1.93 times.

Sagility India IPO allotment status was finalised on Saturday, November 9.

The ₹2,106.6 crore Sagility India IPO was completely an offer for sale of 70.22 crore shares without a fresh issuance of shares.

Swiggy IPO allotment finalised: How to check status online on Link Intime India & NSE and when will shares be credited?

Sagility India IPO listing date and time

Shares of Sagility India IPO will be listed on the bourses—the NSE and the BSE—on Tuesday, November 12, at 10 am.

To learn more about IPO listings, schedules, and upcoming IPOs, visit our page.

About The Author

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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