Sagility India IPO Shares Allotment Finalised: How To Check Status Online? Latest GMP, Listing Details Here

Sagility India IPO: The shares allotment of Rs 2,106.60 crore IPO has been finalised and investors can check the status of their application through BSE, NSE, and Link Intime India website. The IPO is expected to list on November 12. However, the latest grey market premium (GMP) of the IPO suggests tepid listing on BSE and NSE.

The IPO opened from November 5th to November 7th. Its allotment status was carried out on November 8th. After the allotment of status, the initiation of refunds and credit of shares in demat accounts will take place on November 11, followed by a listing on November 12.

Sagility India Allotment Status:

There are three ways to check the status of your application in Waaree Energies IPO Link Intime India, BSE, and NSE.

To check the application status on Link Intime, click on the link below:

https://linkintime.co.in/initial_offer/public-issues.html

Step 1: You will be directed to the IPO allotment status page of Link Intime upon clicking the link.

Step 2: Select 'Sagility India' in the 'Select Company' option.

Step 3: Notably, the application status can be reviewed through PAN card number, Application Number, Client ID/DP, Account Number, and Bank IFSC code. So you can feed in either of the details.

Step 4: Click SUBMIT and you will be able to review the application.

To Check the Application Status On BSE, Click On The Link Below:

https://www.bseindia.com/investors/appli_check.aspx

Step 1: Here, you will have to select the 'Issue Type' which would be EQUITY.

Step 2: Then select 'Sagility India' in the 'Issue Name' option.

Step 3: The third process is to add either 'Application No' or 'PAN number'.

Step 4: Finally click on SEARCH to review the status of your bidding in the IPO.

To Check Your Application Status On NSE, Click On The Link Below:

https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jspb

As per the NSE website, to avail of this facility, the investor has to register one time by providing the PAN details. The user shall be able to view the details of the bids entered against the registered PAN number. However, first, they need to register on NSE. On registration, the investor will receive an email notification from NSE on the registered email address providing the login details.

NSE will also provide Allotment information as provided by the registrar to the issue.

Sagility India GMP Today:

As per Investor Grain data, Sagility India IPO last GMP is ₹0.30, last updated Nov 10th 2024 06:53 AM. With the price band of 30.00, Sagility India IPO's estimated listing price is ₹30.3 (cap price + today's GMP). The expected percentage gain/loss per share is 1.00%.

Sagility India IPO Subscription, Other Details:

After closing hours of November 7, Sagility India received a subscription of 3.20x overall on BSE and NSE. Bids to the tune of 1,24,00,17,000 equity shares were made, as against the IPO size of 38,70,64,594 equity shares.

The portion for retail investors subscribed by 4.16x, while the portion reserved for employees received a 3.75x subscription. Further, the Non-Institutional Investors (NII) portion subscribed by 1.93x, and the Qualified Institutional Buyers (QIBs) portion subscribed by 3.52x.

The Rs 2,106.60 crore IPO is entirely offer for sale (OFS) where selling shareholders will offload up to 702,199,262 equity shares. The selling shareholder is Sagility B.V. The price band for the IPO was fixed at the lower end of Rs 28 per share and the upper end of Rs 30 per share. The face value is at Rs 10 per share.

Earlier, Ventura Securities highlighted that the company extends some of its services for Payers to pharmacy benefit managers (PBMs), who manage prescription drugs for Members (insured individuals) under health insurance plans. Leveraging its proprietary tools and platforms, the company operates from five global service delivery centers located in India, the Philippines, the U.S., Jamaica, and Colombia. Recognized as a Leader by Avasant in the 2023 Clinical Services Business Process Transformation RadarView report and as a Leader in Everest's 2023 Healthcare Payer Operations PEAK Matrix Assessment, the company has established a solid reputation in its sector.

The brokerage's note also added that all clients of the company are based in the U.S. As of June 30, 2024, its top five client groups (along with their affiliates) have maintained an average relationship of 17 years with the company. As of January 2024, the company served five of the top ten U.S. Payers by enrolment. In FY 2024, FY 2023, and Q1 2024, it acquired 22 new clients. During FY 2024, the company assisted its Payer clients in processing 105 million claims and managing over 75 million Member and Provider interactions.

Sagility India Ltd (Sagility) is a provider of technology-enabled business solutions and services to clients in the US healthcare industry. The company is a pure-play healthcare-focused service provider and its clients include "Payers" (US health insurance companies) and "Providers" (hospitals, physicians, diagnostic and medical devices companies).