Sagility India Limited IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Tue, 05 Nov 2024
Close Date
Thu, 07 Nov 2024
Price Band
₹ 28 – 30
Lot Size
500
Issue Size
₹ 2,106.60 Cr
Minimum Investment
₹ 15,000 (500 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Sagility India Limited IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹2,106.60 Crore, comprising a fresh issue of 70.22 Crore equity shares aggregating to ₹2,106.60 Crore and an offer for sale (OFS) of 70.22 Crore equity shares aggregating to ₹2,106.60 Crore by the existing shareholders.
The Sagility India Limited IPO remained open for subscription from November 05, 2024, to November 07, 2024. The basis of allotment was finalized on November 08, 2024, and the company's shares were listed on the NSE and BSE on November 12, 2024.
The company had fixed the price band at ₹28 to ₹30 per share, with a lot size of 500 shares. Retail investors were required to make a minimum investment of ₹15,000 (based on the upper price band) to apply for one lot.
The IPO also included a reservation of 1,900,000 equity shares for eligible employees, who received a discount of ₹2 per share.
MUFG Intime India Private Limited served as the registrar to the issue. IIFL Capital Services Limited, Jefferies India Private Limited, ICICI Securities Limited, and J.P. Morgan India Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Sagility India Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Sagility India Limited IPO Timeline (Tentative)
- IPO Open Date
- Tue, 05 Nov 24
- IPO Close Date
- Thu, 07 Nov 24
- Basis of Allotment
- Fri, 08 Nov 24
- Initiation of Refunds
- Fri, 08 Nov 24
- Credit of Shares to Demat
- Mon, 11 Nov 24
- Listing Date
- Tue, 12 Nov 24 — NSE & BSE
Open Date
05 November 2024
Close Date
07 November 2024
Basis Of Allotment
08 November 2024
Listing Date
12 November 2024
IPO Subscription
Check Live Subscription →The Sagility India Limited IPO has received bids for 1,23,99,75,500 shares against 38,70,64,594 shares offered, resulting in an overall subscription of 3.2x. the NII category is subscribed 1.93x, Retail Investors 4.16x, Employees 3.75x, and QIBs 3.52x. Within the NII category, BNII is subscribed 1.69x, while SNII is subscribed 2.41x.
QIB
3.52x
NII
1.93x
BNII
1.69x
SNII
2.41x
RII
4.16x
EMP
3.75x
Total
3.2x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 7,00,29,926 shares, representing 9.97% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 21,00,89,779 shares (29.92%), while Non-Institutional Investors (NIIs) receive 10,50,44,889 shares (14.96%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 315,134,668 | 44.88% |
| Qualified Institutions | 210,089,779 | 29.92% |
| Non-Institutional | 105,044,889 | 14.96% |
| BNII | 70,029,926 | 9.97% |
| SNII | 35,014,963 | 4.99% |
| Retail Investors | 70,029,926 | 9.97% |
| Employees | 1,900,000 | 0.27% |
| Total | 702,199,262 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Sagility India Limited KPI Information
| Particular | June 30, 2024 |
|---|---|
| Debt / Equity | 0.15 |
| RoNW % | 0.29 |
| PbW | 2 |
| Pat Margin % | 1.82 |
Peers Comparison
No Peer Comparision Available
About Sagility India Limited
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.
Sagility India Limited IPO 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%
Sagility India Limited IPO Objective
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.
Sagility India Limited Address / Contact Details
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
Sagility India Limited IPO Lot Size
The Sagility India Limited IPO has a lot size of 500 shares. Retail investors require a minimum investment of ₹15,000 by applying for 1 lot (500 shares). The maximum application allowed for the retail category is 13 lots (6,500 shares), requiring an investment of ₹1,95,000.
| 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 |
Issue Reservation
- Anchor Investors — 44.88%
- QIB — 29.92%
- NII — 14.96%
- RII — 9.97%
- EMP — 0.27%
Book Running Lead Managers
- IIFL Capital Services Limited
- Jefferies India Private Limited
- ICICI Securities Limited
- J.P. Morgan India Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Sagility India Limited IPO?
Sagility India Limited IPO is a Book-building IPO with a total issue size of ₹2106.6 crore. The Sagility India Limited IPO price band is ₹28 to 30 per share. The Sagility India Limited IPO subscription opens on Tue, Nov 5, 2024, and closes on Thu, Nov 7, 2024. The Sagility India Limited IPO will be listed on the NSE,BSE. MUFG Intime India Private Limited is the registrar for the Sagility India Limited IPO.
When will the Sagility India Limited IPO open for subscription?
The Sagility India Limited IPO opens on Tue, Nov 5, 2024 and closes on Thu, Nov 7, 2024
What is Sagility India Limited IPO Price Band?
Sagility India Limited IPO Price Band is ₹28 to 30 per share.
What is Sagility India Limited IPO Lot Size?
Sagility India Limited IPO lot size is 500 shares, Retail investors need a minimum investment of ₹15000 based on the upper price band
What is the minimum investment for Sagility India Limited IPO?
The minimum investment for Sagility India Limited IPO is ₹15000, based on one lot of 500 shares at the upper price band of ₹30 per share.
How to apply for Sagility India Limited IPO?
Investors can apply for the Sagility India Limited IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Nov 7, 2024. The application amount remains blocked until the Sagility India Limited IPO allotment is finalized.
What is Sagility India Limited IPO Issue Size?
Sagility India Limited IPO issue size is ₹2106.6 crores.
What is the Sagility India Limited IPO Allotment Date?
Sagility India Limited IPO allotment date is Fri, Nov 8, 2024.
Who is the Sagility India Limited IPO Registrar?
The registrar for Sagility India Limited IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Sagility India Limited IPO allotment status, refund processing, and other IPO-related information.
What is the Sagility India Limited IPO GMP?
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 1.00% over the issue price.
Who is the Sagility India Limited IPO Lead Manager?
The book-running lead managers (BRLMs) for the Sagility India Limited IPO are IIFL Capital Services Limited, Jefferies India Private Limited, ICICI Securities Limited, and J.P. Morgan India Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Sagility India Limited IPO Red Herring Prospectus (RHP).