Sagility India Limited IPO Highlights
Sagility India Limited is going to launch its Initial Public Offering. Its opening date is yet to be announced. This is going to be a book-built issue. Through its first public offering , the company aims to collect about ₹2,106.60 crores. The IPO will be a completely offer for sale of 702,199,262 equity shares having a face value of ₹10 per share. The price band of Sagility India IPO is between ₹28 to ₹ 30
Sagility India is a healthcare service provider that helps U.S. insurance companies and healthcare companies operate more efficiently. The company focuses on improving the experiences of both patients and service providers, ensuring quality care, and managing healthcare costs effectively. Company is now prepared with its Initial Public Offering (IPO).
With over 20 years of experience, Sagility India efficiently manages large-scale operations for healthcare Patients and service providers. The skilled experts address complex healthcare challenges through deep knowledge and innovative solutions. Using advanced technology and streamlined processes, the company can avoid extra administrative costs and ensure smooth operations.
Sagility India Limited IPO Detail
| IPO Opening and Closing Date | November 5, 2024 to November 7, 2024 |
| IPO Price Range | ₹ 28 to ₹ 30 Per Share |
| Face Value of Share | ₹ 10 Per Share |
| Net Issue Size Offered | 702199262 Equity Shares amounting up to ₹2106.60 Cr. |
| Fresh Issue | 702199262 Equity Shares amounting up to ₹2106.60 Cr. |
| Offer For Sale | N/A |
| Listing at | BSE & NSE |
| Issue Type | Book Built Issue IPO |
| IPO DRHP | Click Here |
| IPO RHP | Click Here |
Tentative Date Schedule of the Proposed Issue
| IPO Opening Date | 5 November, 2024 |
| IPO Closing Date | 7 November, 2024 |
| Allotment Date | 8 November, 2024 |
| Refund Initiation | 9 November, 2024 |
| Credit of Shares in Demat Account | 11 November, 2024 |
| Listing Date | 12 November, 2024 |
The Sagility India issue will open on 5 November, 2024 and it will close on 7 November, 2024. The allotment of Sagility India public offering will be finalized on 8 November, 2024. The listing date on both BSE as well as NSE is fixed as 12 November, 2024.
Sagility India Limited IPO GMP Today
Sagility India IPO GMP today is ₹0.30 as of 10 November, 2024.
Financials of the Company
| Period | Financial Year 2024 | Financial Year 2023 | Financial Year 2022 |
| Total Assets | ₹10664.2 | ₹10590.48 | ₹10096.28 |
| Total Revenue | ₹4781.5 | ₹4236.06 | ₹944.39 |
| Total Expense | ₹3665.467 | ₹3191.196 | ₹733.822 |
| EBITDA | ₹1116.037 | ₹1044.84 | ₹210.572 |
| Profit After Tax | ₹228.27 | ₹143.57 | ₹-4.67 |
| Company’s Net Worth | ₹6443.13 | ₹6206.67 | ₹4026. |
| Total Reserve & Surplus | ₹1855.44 | ₹4013.38 | ₹2073.8 |
Company Financial Performance Indicators
| Key Performance Indicators | Value |
| ROCE | % |
| ROE | % |
| Price to Book Value | * |
| Total Borrowings (% of Total Capital) | % |
| Return on Net Worth | 3.54% |
| Debt Equity Ratio | % |
| After Tax Profit Margin (%) | % |
| Net Asset Value | ₹ |
Lot Size for Different Category of Investors:
| Application | Lot | Number of Shares | Amount (in ₹) |
| Retail Investor (Min. Lot) | 1 | 500 | ₹15000 |
| Retail Investor (Max Lot) | 13 | 6500 | ₹195000 |
| Small HNI (Min. Lot) | 14 | 7000 | ₹210000 |
| Small HNI (Max. Lot) | 66 | 33000 | ₹990000 |
| Big HNI (Min. Lot) | 67 | 33500 | ₹1005000 |
Retail investors are eligible to submit bids for a minimum of one lot, containing 500 shares, amounting to ₹15000. On the other hand small HNI can apply for minimum of 14 lots comprising of 7000 shares amounting to ₹210000. The maximum limit for applying in this issue for small HNI is 66 lot comprising of 33000 shares amounting to ₹990000.
Investors Reserve Quota
| Shares Reserved for Institutional Investors | 75% of the Total Issue |
| Shares Reserved for Non Institutional Investors | 15% of the Total Issue |
| Shares Reserved for Retail Individual Investors | 10% of the Total Issue |
Cash Flow Generated by the Company
| Net Cash Flow | For the Year Ended March, 2024 | For the Year Ended March, 2023 | For the Year Ended March, 2022 |
| Cash From Operating Activities | ₹9732.55 | ₹8567.78 | ₹-318.92 |
| Cash from Investing Activities | ₹-4690.59 | ₹1290.59 | ₹-77139.96 |
| Cash From Financing Activities | ₹-7513.38 | ₹-5446.17 | ₹81163.50 |
| Net Increase/Decrease in Cash & Cash Equivalents | ₹-2471.42 | ₹1831.02 | ₹3704.62 |
Objectives of the Issue
- To get the benefits of listing the Equity Shares of the company.
- To get the benefits of an Offer for Sale of up to 984,460,377 equity shares of face value ₹10 each.
Strengths and Weaknesses of the Issue
Strengths
- Strong leadership position within the U.S. healthcare market
- Deep, long-standing client relationships
- Experienced management team and dedicated workforce
- Scalable, technology-driven solutions improve operational efficiency
Weaknesses
- High competition in healthcare outsourcing may limit growth opportunities
- Foreign exchange risks from multi-currency expenses
- Rapid growth presents operational challenges
Management & Promoter Group
- Sagility B.V.
- Sagility Holdings B.V.
Lead Managers of the Initial Public Offering
- Jefferies India Private Limited
- ICICI Securities Limited
- J.P. Morgan India Private Limited
- IIFL Securities Limited
Registrar of Sagility India Limited IPO
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: sagility.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Contact Details of Sagility India Limited
AMR Tech Park, Building 2A,
Third Floor, Hongasandara Village,
Off Hosur Road, Bommanahalli,
Bengaluru 560068, Karnataka, India
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Note: This article is based on the information received from the company’s official documents, including the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP). For up-to-date information on the Grey Market Premium (GMP) for the Nisus Finance Services IPO, you may please check our Current GMP, where we will post the latest figures as soon as they are available.
Disclaimer: This article is for educational purposes only. We do not offer any advice on buying or selling securities. Please consult your financial advisor before investing in an IPO or any other securities to make sure that it suits your financial plans and risk tolerance.
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