Sagility India Limited IPO
Open MainLineCurrent GMP
₹3 (+10.00%)
Price Band
₹ 28 – 30
Lot Size
500
Issue Size
₹2106.6 Cr
Minimum Investment
₹15000 (500 Shares)
Listing Date
12 November 2024
Subscription
3.2x
About the Company
Sagility India Limited, previously called Berkmeer India Private Limited, offers healthcare-focused solutions and services to Payers (U.S. health insurers that fund and reimburse healthcare costs) and Providers (mainly hospitals, physicians, diagnostic centers, and medical technology companies).
The company bolsters the essential operations of both payers and providers. For payers, services encompass their entire operational framework, including centralized claims administration and clinical services. This involves claims management, payment integrity, clinical management, and additional support. For providers, the company offers revenue cycle management services to help them handle billing and claims for treatment costs from payers. Additionally, the company provides some of its payer services to Pharmacy Benefit Managers (PBMs) that oversee prescription drug coverage for members under health benefit plans.
Promoters
Sagility B.V. and Sagility Holdings B.V. are the company's promoters.
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Objects of the Issue
The objectives of the Offer are to:
- Achieving the benefits of listing Equity Shares on the Stock Exchanges.
- Execute the Offer for Sale for up to 702,199,262 equity shares with a face value of Rs. 10 each by the Promoter Selling Shareholder.
Address / Contact Info
Sagility India Limited
No. 23 & 24, AMR Tech Park,
Building 2A, First Floor, Hongasandara Village,
Off Hosur Road, Bommanahalli, Bengaluru - 560 068
Phone: +91- 80-7125 150
Email: investorservice@sagilityhealth.com
Website: http://www.sagilityhealth.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 05 November 2024
IPO Close Date
Thursday, 07 November 2024
Basis of Allotment
Friday, 08 November 2024
Initiation of Refunds
Friday, 08 November 2024
Credit of Shares to Demat
Monday, 11 November 2024
Listing Date
Tuesday, 12 November 2024 — NSE & BSE
Important Dates
Open Date
05 November 2024
Close Date
07 November 2024
Basis Of Allotment
08 November 2024
Listing Date
12 November 2024
Financial Performance (₹ in Crores)
| Particular | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 10388.01 | 10664.2 | 10590.48 | 10096.28 |
| Revenue | 1247.76 | 4781.5 | 4236.06 | 944.39 |
| Profit After Tax | 22.29 | 228.27 | 143.57 | 4.67 |
| Net Worth | 7608.16 | 6443.13 | 6206.67 | 4026.62 |
| Reserve & Surplus | 2704.28 | 1855.44 | 4013.38 | 2073.8 |
| Total Borrowings | 943.91 | 1933.52 | 2347.94 | 4239.23 |
EPS Pre
0.49%
EPS Post
0.49%
P/E Pre
61.52
P/E (Post Issue)
61.52x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | June 30, 2024 |
|---|---|
| ROE % | 0 |
| ROCE % | 0 |
| Debt / Equity | 0.15 |
| RoNW % | 0.29 |
| PbW | 2 |
| Pat Margin % | 1.82 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 315134668 | 44.88 | 0 |
| Qualified Institutions | 210089779 | 29.92 | 0 |
| Non-Institutional | 105044889 | 14.96 | 0 |
| BNII | 70029926 | 9.97 | 0 |
| SNII | 35014963 | 4.99 | 0 |
| Retail Investors | 70029926 | 9.97 | 0 |
| Employees | 1900000 | 0.27 | 0 |
| Total | 702199262 | 100 | 0 |
Subscription Status ( Thu, 07 Nov 24 01:06 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 210089779 | 738682000 | 3.52x |
| Non-Institutional | 105044889 | 202702500 | 1.93x |
| BNII | 70029926 | 118450500 | 1.69x |
| SNII | 35014963 | 84252000 | 2.41x |
| Retail Investors | 70029926 | 291461000 | 4.16x |
| Employees | 1900000 | 7130000 | 3.75x |
| Total | 387064594 | 1239975500 | 3.2x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 500 | 15,000.00 |
| Retail (Max) | 13 | 6,500 | 195,000.00 |
| S-HNI (Min) | 67 | 33,500 | 1,005,000.00 |
| S-HNI (Max) | 66 | 33,000 | 990,000.00 |
| B-HNI (Min) | 67 | 33,500 | 1,005,000.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- IIFL Capital Services Limited
- Jefferies India Private Limited
- ICICI Securities Limited
- J.P. Morgan India Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Sagility India Limited IPO is a Book-building IPO worth ₹2106.6 crores. The price band is ₹28 to 30 per share. The IPO opens on Tue, Nov 5, 2024 and closes on Thu, Nov 7, 2024. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Sagility India Limited IPO opens on Tue, Nov 5, 2024 and closes on Thu, Nov 7, 2024
Sagility India Limited IPO Price Band is ₹28 to 30.
Sagility India Limited IPO lot size is 500, and the minimum amount required for application is ₹15000.
The minimum investment for Sagility India Limited IPO is approximately ₹15000 based on the upper price band.
To apply for the Sagility India Limited IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Nov 7, 2024. After submission, funds are blocked until the basis of allotment of Sagility India Limited IPO is finalised.
Sagility India Limited IPO issue size is ₹2106.6 crores.
Sagility India Limited IPO allotment date is Sat, Jun 27, 2026.
The registrar for Sagility India Limited IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Sagility India Limited IPO through their official website or helpline.
The Sagility India Limited IPO GMP (Grey Market Premium) is ₹0.3 as of Tue, Nov 12, 2024. Based on the upper price band of ₹30 per share, the estimated Sagility India Limited IPO listing price is ₹30.3, indicating a potential listing gain of approximately 31% over the issue price.