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20 Nov 2024
Sagility India Limited IPO, GMP, Details, Price, And Review
Sagility India Limited, previously known as Berkmeer India Private Limited, specializes in healthcare-oriented solutions and services tailored for Payers (U.S. health insurers funding healthcare services) and Providers (mainly hospitals, physicians, diagnostics, and medical technology firms).
The company enhances the core operations of both payers and providers. For payers, Sagility covers a broad range of functions, including centralized claims administration and clinical services, such as claims management, payment integrity, and clinical oversight. For providers, the company delivers revenue cycle management services to help them handle billing and reimbursement for treatment costs from payers. Additionally, Sagility provides some of its payer services to Pharmacy Benefit Managers (PBMs), who oversee prescription drug coverage for insured members under health plans.
Sagility India IPO Overview:
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Issue Details:
- ● Issue Size: ₹2,106.60 crores
- ● Type: Offer for Sale (OFS)
- ● Total Shares Offered: 70.22 crore shares Subscription Period:
- ● Open Date: November 5, 2024
- ● Close Date: November 7, 2024 Price Band:
- ● Range: ₹28 to ₹30 per share Lot Size:
- ● Minimum Application: 500 shares Lead Managers:
- ● ICICI Securities Limited
- ● IIFL Securities Ltd
- ● Jefferies India Private Limited
- ● J.P. Morgan India Private Limited Registrar:
- ● Link Intime India Private Ltd
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Sagility India Limited IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 11-11-2024 | 30 | 0.30 (1.00%) | 11-Nov-2024 14:50 |
| 09-11-2024 | 30 | 0.30 (1.00%) | 09-Nov-2024 12:22 |
| 08-11-2024 | 30 | 0.30 (1.00%) | 08-Nov-2024 12:39 |
| 07-11-2024 | 30 | 0.30 (1.00%) | 07-Nov-2024 12:18 |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Sagility India IPO Overview
| Detail | Description |
|---|---|
| IPO Date | November 5, 2024 to November 7, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹28 to ₹30 per share |
| Lot Size | 500 Shares |
| Total Issue Size | 702,199,262 shares (aggregating up to ₹2,106.60 Cr) |
| Offer for Sale | 702,199,262 shares of ₹10 (aggregating up to ₹2,106.60 Cr) |
| Employee Discount | Rs 2 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Shareholding pre issue | 4,681,328,413 |
| Shareholding post issue | 4,681,328,413 |
Sagility India IPO Timeline (Tentative Schedule)
| Detail | Description |
|---|---|
| IPO Open Date | Tuesday, November 5, 2024 |
| IPO Close Date | Thursday, November 7, 2024 |
| Basis of Allotment | Friday, November 8, 2024 |
| Initiation of Refunds | Friday, November 8, 2024 |
| Credit of Shares to Demat | Monday, November 11, 2024 |
| Listing Date | Tuesday, November 12, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 7, 2024 |
Sagility India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 500 | ₹15,000 |
| Retail (Max) | 13 | 6500 | ₹195,000 |
| S-HNI (Min) | 14 | 7,000 | ₹210,000 |
| S-HNI (Max) | 66 | 33,000 | ₹990,000 |
| B-HNI (Min) | 67 | 33,500 | ₹1,005,000 |
Sagility India IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75.00% of the Net offer |
| Retail Shares Offered | Not more than 10.00% of the Net Offer |
| NII (HNI) Shares Offered | Not more than 15.00% of the Net Issue |
Sagility India IPO Promoter Holding
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue |
Sagility India Limited Financial Information
| Period Ended | 30 June 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Assets | 10,388.01 | 10,664.2 | 10,590.48 | 10,096.28 | ||||||||||||||||||||||||||||||||||||
| Revenue | 1,247.76 | 4,781.5 | 4,236.06 | 944.39 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 22.29 | 228.27 | 143.57 | -4.67 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 7,608.16 | 6,443.13 | 6,206.67 | 4,026.62 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 2,704.28 | 1,855.44 | 4,013.38 | 2,073.8 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 943.91 | 1,933.52 | 2,347.94 | 4,239.23 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| Debt/Equity | 0.15 |
| RoNW | 0.29 |
| P/BV | 2 |
| PAT Margin (%) | 11.83 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 0.49 | 0.49 |
| P/E (x) | 61.52 | 61.52 |
Objectives of Sagility India IPO
The objectives of the Offer are to:
FAQs for Sagility India IPO
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What is Sagility India IPO?
Sagility India IPO is a main-board IPO. The company is going to raise ₹2,106 Crores via IPO. The issue is priced at ₹28 to ₹30 per equity share. The IPO is to be listed on BSE & NSE.
-
When will the Sagility India IPO open for subscription?
The IPO is to open on November 5, 2024 for QIB, NII, and Retail Investors. The IPO will close on November 7, 2024.
-
What is Sagility India IPO Investors Portion?
The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.
-
What is Sagility India IPO Issue Size?
Sagility India IPO issue size is ₹2,106 crores.
-
What is Sagility India IPO Price Band?
Sagility India IPO Price Band is ₹28 to ₹30.
-
What is Sagility India IPO Lot Size?
The minimum bid is 500 Shares with ₹15,000 amount.
-
What is the Sagility India IPO Allotment Date?
Sagility India IPO allotment date is November 8, 2024.
-
What is the Sagility India IPO Listing Date?
Sagility India IPO listing date is November 12, 2024. The IPO is to list on BSE & NSE.
-
What is Sagility India's current GMP?
The current GMP of the Sagility India's is 0.30 (1.00%).
RHP:
RHP of Sagility India Limited IPO
DRHP:
DRHP of Sagility India Limited IPO
-
What is Sagility India IPO?
Sagility India IPO is a main-board IPO. The company is going to raise ₹2,106 Crores via IPO. The issue is priced at ₹28 to ₹30 per equity share. The IPO is to be listed on BSE & NSE.
-
When will the Sagility India IPO open for subscription?
The IPO is to open on November 5, 2024 for QIB, NII, and Retail Investors. The IPO will close on November 7, 2024.
-
What is Sagility India IPO Investors Portion?
The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.
-
What is Sagility India IPO Issue Size?
Sagility India IPO issue size is ₹2,106 crores.
-
What is Sagility India IPO Price Band?
Sagility India IPO Price Band is ₹28 to ₹30.
-
What is Sagility India IPO Lot Size?
The minimum bid is 500 Shares with ₹15,000 amount.
-
What is the Sagility India IPO Allotment Date?
Sagility India IPO allotment date is November 8, 2024.
-
What is the Sagility India IPO Listing Date?
Sagility India IPO listing date is November 12, 2024. The IPO is to list on BSE & NSE.
-
What is Sagility India's current GMP?
The current GMP of the Sagility India's is 0.30 (1.00%).
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