Sagility India IPO subscribed 20%

5 Nov 2024 , 03:34 PM

Subscriptions are now being accepted for Sagility India’s initial public offering (IPO), a business that offers technological services to the healthcare industry. Because the IPO is inexpensive—the company has established the price range at Rs 28–30—there might be excitement among individual investors.

The offer was subscribed 0.98 times in the retail category up until around 03:30 pm on Tuesday, November 5, according to statistics published on the BSE. Up until that point, Employee reserved portion has been filled 1.22 times overall. In the NII segment, it received 6% subscription.

The promoter company Sagility BV’s offer to sell 70.22 crore shares is the sole basis for the proposed initial public offering (IPO) of Bengaluru-based Sagility India. An estimated Rs 2,106.60 crore is the issue price.

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