November 12, 2024
New Delhi, India
Sagility India IPO Listing: Key Highlights
Sagility India Limited made its stock market debut on November 12, 2024, with its shares listing at a 3.53% premium on both the NSE and BSE.
Listing Details
- NSE Opening Price: ₹31.06 per share, a 3.53% premium over the IPO price of ₹30.
- BSE Opening Price: ₹31.06 per share, reflecting similar gains.
IPO Subscription
- Subscription Rate: 3.20 times during the three-day window (November 5-7).
- Price Band: ₹28 to ₹30 per equity share.
- Anchor Investor Infusion: ₹945 crore.
Market Performance
- Despite a grey market premium (GMP) expectation of just 1%, the stock debuted higher than anticipated.
- The entire proceeds from the IPO are allocated to the selling shareholders.
Company Overview
Sagility India, based in Bengaluru, is a healthcare service provider. Its IPO listing marks its entrance into the stock market under the ‘B’ Group of Securities.
Trading Notice
- Trading Commencement: November 12 at 10:00 AM.
- Listed Exchanges: BSE and NSE.
Sagility India’s positive debut reflects investor confidence despite a volatile market environment.
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