
Sagility India Limited
Sagility India Limited(SAGILITY)
Total Shares
70,21,99,262
Issue Size
₹2,106.60
Price Band
₹28 – ₹30
Lot Size
500 shares
Min. Investment
₹15,000
Max. Investment
₹15,000
Open Date
05 Nov, 2024
Close Date
07 Nov, 2024
Allotment
08 Nov, 2024
Listing
12 Nov, 2024
Max. Investment
₹15,000
Announced
05 Nov, 2024
Opening Date
05 Nov, 2024
Closing Date
07 Nov, 2024
Basis of Allotment
08 Nov, 2024
Initiation of Refunds
11 Nov, 2024
Credit of Shares
11 Nov, 2024
Listing Date
12 Nov, 2024
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About Sagility India Limited IPO
Sagility India Limited, formerly known as Berkmeer India Private Limited, provides healthcare-focused solutions and services to Payers (US health insurers who fund and reimburse the cost of healthcare services) and Providers (primarily hospitals, physicians, diagnostics and medical technology companies).
The company supports the core business of both payers and providers. Services to payers span their entire operational spectrum, including centralized claims administration
Sagility India Limited IPO Share Price and Issue Size
Issue Breakdown
Shareholding
Dilution: 0.0% increase in shares
Sagility India Limited IPO Financials Health
Sagility India Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| SHNI Maximum | 66 | 33000 | ₹9,90,000 |
| BHNI Minimum | 67 | 33500 | ₹10,05,000 |
| Retail Minimum | 1 | 500 | ₹15,000 |
| Retail Maximum | 13 | 6500 | ₹1,95,000 |
| SHNI Minimum | 14 | 7000 | ₹2,10,000 |
(All values in CR)
Sagility India Limited IPO Valuation
| Metric | Value |
|---|---|
| Debt/Equity | 0.15 |
| EPS Post IPO | 0.49 |
| EPS Pre IPO | 0.49 |
| P/BV | 2 |
| P/E Post IPO | 61.52 |
| P/E Pre IPO | 61.52 |
| PAT Margin (%) | 1.82 |
| RoNW | 0.29 |
(All values in CR)
Strength & Risk of Sagility India Limited IPO
1. Leadership position in the large and resilient U.S. Payer and Provider solutions market.
2. Domain expertise in healthcare operations, with end-to-end service offerings to Payers and Providers.
3. Suite of scalable, technology-enabled services and solutions, supported by proprietary tools and platforms.
4. Deep, long-term, expanding client relationships across healthcare Payers and Providers.
5. Multi-shore, scalable and flexible delivery model with certified data protection and service standards.
6. Experienced management and board, motivated employee base, marquee sponsor support and a sustainability focused culture.
1. The healthcare services industry is highly competitive and if we are unable to compete effectively, it may adversely affect our business, financial condition and results of operations.
2. Our 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.
3. Our business could be adversely affected if we cannot keep pace with technological changes, sufficiently invest and successfully yield the intended results from our investments in technology, in case of any errors or system disruptions in our technology tools and platforms, or if our services are rendered obsolete by technological developments.
4. If we are unable to manage our employee expenses and resource utilization or fail to manage attrition and attract and retain skilled professionals, it may adversely affect our business, financial condition and results of operations.
5. If we fail to deliver services in accordance with contractual requirements, we could be subject to significant costs or liability and our business, reputation and results of operations could be adversely affected.
6. If our agreements with clients are terminated, our business, reputation and results of operations could be adversely affected.
7. As a significant portion of our business is attributable to certain large client groups in the U.S., our business and profitability is dependent on our continuing relationships with such key clients.
8. There are outstanding legal proceedings involving our Company, Subsidiaries and Directors. Any adverse decision in such proceedings may adversely affect our business, financial condition, and results of operations.
9. If we are not able to generate new service engagements, or if our business volumes fluctuate, it may adversely affect our ability to grow our business and revenues.
10. If we fail to accurately price our statements of work or overrun our cost estimates, our business, financial condition and results of operations may be adversely affected.
Sagility India Limited IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 31,51,34,668 | 31,51,34,668 | 945.4 |
| BHNI (10L+) | 1.69 | 7,00,29,926 | 11,84,50,500 | 355.35 |
| Employees | 3.76 | 19,00,000 | 71,36,000 | 21.41 |
| HNI | 1.93 | 10,50,44,889 | 20,27,02,500 | 608.11 |
| QIB | 3.52 | 21,00,89,779 | 73,86,82,000 | 2 |
| Retail | 4.16 | 7,00,29,926 | 29,14,63,500 | 874.39 |
| SHNI (2L - 10L) | 2.41 | 3,50,14,963 | 8,42,52,000 | 252.76 |
| Total | 3.20 | 38,70,64,594 | 1,23,99,84,000 | 3 |
Sagility India Limited IPO GMP
Last updated 01 Nov, 2024 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 01 Nov, 2024 | 30 | ₹0▼ | -- | ₹30 (0.00%) | - | 01 Nov, 2024 |
| 04 Nov, 2024 | 30 | ₹3▲ | 1100/15400 | ₹33 (10.00%) | - | 04 Nov, 2024 |
| 05 Nov, 2024 | 30 | ₹0 | -- | ₹30 (0.00%) | - | 05 Nov, 2024 |
| 06 Nov, 2024 | 30 | ₹0 | -- | ₹30 (0.00%) | - | 06 Nov, 2024 |
| 07 Nov, 2024 | 30 | ₹0 | 100/1400 | ₹30 (0.00%) | - | 07 Nov, 2024 |
| 08 Nov, 2024 | 30 | ₹0 | 100/1400 | ₹30 (0.00%) | - | 08 Nov, 2024 |
| 11 Nov, 2024 | 30 | ₹0 | 100/1400 | ₹30 (0.00%) | - | 11 Nov, 2024 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
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