Sagility India shares are likely to be allotted to successful bidders on November 8 (Friday) after the three-day bidding between November 5-7 concluded with a 3.2x percent subscription.
The initial share sale of Sagility India Ltd, a technology-enabled services provider in the healthcare space, got bids for over 123 crore shares against 38.70 crore shares on offer.
The share listing is likely to take place on November 12 (Tuesday), while the allotment may be finalised today on the official website of the registrar, Link Intime India Private Limited. The investors can also check the Sagility India IPO allotment status on the BSE.
Sagility India IPO allotment date today: Steps to check share allotment status on Link Intime
Step 1: Open the link to the official registrar of the issue on this URL: https://linkintime.co.in/initial_offer/
Step 2: Select the company from the dropdown menu.
Step 3: You check your allotment status by filling in details like PAN, application number or DP client ID.
Step 4: Press the Submit button
Step 5: Your allotment status will be shown in the window.
Sagility India's IPO subscribed over 3X by Day 3; retail segment oversubscribed 4X
Sagility India IPO allotment status check on BSE
Step 1: Open the website of Bombay Stock Exchange (BSE).
Step 2: Click on 'Investors' option.
Step 3: On the 'Investor Services' dropdown, click on 'Status of Issue Application'.
Step 4: Click on 'Application Status Check'.
Step 5: Select Equity in the issue type.
Step 6: Fill in the required details including the 'Issue Name'.
Step 7: Enter your PAN number and click on Search to view the status
Sagility India IPO GMP Today Price
Sagility India IPO GMP is indicating a tepid listing gain on Tuesday amid lack of enthusiasm for the shares of the company in the grey market. According to Investorgain and IPO Watch which track such activities, the shares of the company are currently trading just Rs 0.30 higher in the grey market than its issue price. The Rs 0.30 grey market premium or GMP means the grey market is expecting a 1 per cent listing gain from the public issue.
The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
Most brokerage firms have recommended a ‘buy for long term’ rating to the IPO.
Sagility India Limited is one of the leading tech-enabled healthcare specialists with comprehensive coverage across healthcare payer and provider markets. As of March 31, 2024, Sagility had 35,044 employees, 60.52 per cent of them women, up from 30,830 a year ago.
Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!