Sagility India Ltd

Sagility India Ltd IPO

Sagility India Ltd IPO Price Range is ₹28 - 30, with a minimum investment of ₹15,000 for 500 shares.

₹15,000

/ 500 shares

Minimum Investment

View Sagility India Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹28 - 30

Open Date

2024-11-05

Close Date

2024-11-07

IPO Size

₹2,106.60 Cr

Lot Size

500 shares

Min Investment

₹15,000

Listing Exchange

NSE

Sagility India Ltd IPO Application Timeline

passed
Open Date5 Nov 2024
passed
Close Date7 Nov 2024
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Allotment Date8 Nov 2024
passed
Listing Date12 Nov 2024

IPO Subscription Status

IPO subscribed over

🚀 3.2x

This IPO has been subscribed by 4.16x in the retail category and 3.52x in the QIB category.

Subscription Rate

Total Subscription3.2x
Retail Individual Investors4.16x
Qualified Institutional Buyers3.52x
Non Institutional Investors1.93x
NameSagility India Ltdx

Strengths and Risks

Strengths

Strengths

  • Leadership position in the large and resilient U.S. Payer and Provider solutions market.

  • Domain expertise in healthcare operations, with end-to-end service offerings to Payers and Providers.

  • Suite of scalable, technology-enabled services and solutions, supported by proprietary tools and platforms.

  • Deep, long-term, expanding client relationships across healthcare Payers and Providers.

  • Multi-shore, scalable and flexible delivery model with certified data protection and service standards.

  • Experienced management and board, motivated employee base, marquee sponsor support and a sustainability focused culture.


Risks

Risks

  • The healthcare services industry is highly competitive and if the company is unable to compete effectively, it may adversely affect its business, financial condition and results of operations.

  • The companys business is solely focused on the U.S. healthcare industry and may be adversely affected by factors affecting the U.S. healthcare industry, including a decline in the growth of the U.S. healthcare industry, reduction in outsourcing and other trends.

  • The company has, in the 12 months preceding the date of this Red Herring Prospectus, issued Equity Shares at a price which may be significantly lower than the Offer Price.

  • Goodwill and other intangible assets are its largest assets. Any impairment to the company goodwill or other intangible assets may adversely affect its reputation and financial condition.

  • One of its Independent Directors has received summons in relation to an ongoing investigation by SEBI of Linde India Limited and the matter is currently pending.

  • Pursuant to an external financing facility availed by one of its Promoters, Sagility B.V., shares of Sagility B.V. held by the company other Promoter, Sagility Holdings B.V. are pledged. In case of an event of default and consequent invocation of security, there may be a change in control, which may adversely impact its business. Further, the terms of such facility also impose certain conditions on disposal of assets of Sagility B.V., including Equity Shares of the Company, which may impact the Offer.

  • Anti-outsourcing legislation could adversely affect its business, financial condition and results of operations and impair the company ability to service its customers.

  • A downgrade in its credit rating could adversely affect the company ability to raise capital in the future.

  • Any failures to protect its proprietary technologies or information or the company intellectual property rights may have an adverse effect on its business, financial condition, and results of operations.

  • Its ability to invest in foreign subsidiaries or joint ventures is constrained by applicable restrictions under Indian overseas investment laws as well as laws of the relevant international jurisdictions, which could adversely affect its business prospects and international growth strategy.

How to Apply for Sagility India Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Sagility India Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Sagility India Ltd

We are a technology-enabled, pure-play healthcare focused solutions and services provider to Payers (U.S. health insurance companies, which finance and reimburse the cost of health services), and Providers (primarily hospitals, physicians, and diagnostic and medical devices companies). We serve the core business operations of both Payer and Provider clients. Our services to Payers encompass the entire spectrum of their operations, including core benefits administration functions and clinical services. To Providers, we provide revenue cycle management services which help them manage their billings and expenses and claim the cost of treatment from Payers.

Frequently Asked Questions of Sagility India Ltd IPO

What is the size of the Sagility India Ltd IPO?

The size of the Sagility India Ltd IPO is ₹2,106.6 Cr.

What is the allotment date of the Sagility India Ltd IPO?

Sagility India Ltd IPO allotment date is Nov 8, 2024 (tentative).

What are the open and close dates of the Sagility India Ltd IPO?

The Sagility India Ltd IPO will open on Nov 5, 2024 and close on Nov 7, 2024

What is the lot size of Sagility India Ltd IPO?

The lot size for the Sagility India Ltd IPO is 500.

When will my Sagility India Ltd IPO order be placed?

Your Sagility India Ltd IPO order will be placed on Nov 5, 2024

Can we invest in Sagility India Ltd IPO?

Yes, once Sagility India Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Sagility India Ltd IPO?

The potential listing gains on the Sagility India Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Sagility India Ltd IPO?

'Pre-apply' for Sagility India Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.