Sagility India IPO Details
| IPO Size | ₹2,106.60 Cr |
| Price Range | ₹28 - ₹30 |
| Retail Quota | 10% |
| QIB Quota | 75% |
| NII Quota | 15% |
| Employee Discount | ₹2 per share |
| Listing at | NSE and BSE |
| Minimum Quantity | 500 |
| Investment (cut-off price) | ₹15000 |
| Pre IPO Promotor Holding | 100% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Sagility India IPO Timelines
05/11/2024
Start Date07/11/2024
End Date11/11/2024
Refund Initiation11/11/2024
Credit of Shares to Demat Ac12/11/2024
Listing DateSagility India IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 500 | ₹15,000 |
| Retail Maximum | 13 | 6500 | ₹195,000 |
| S-HNI Minimum | 14 | 7000 | ₹210,000 |
| S-HNI Maximum | 66 | 33000 | ₹990,000 |
| B-HNI Minimum | 67 | 33500 | ₹1,005,000 |
Sagility India IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 3.52x | 1.93x | 4.16x | 3.75x | 3.20x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹31.06 | ₹29.32 | ₹32.87 | ₹28.95 |
Sagility India IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹944.39 | ₹733.82 | -₹4.67 |
| FY 2023 | ₹4,236.06 | ₹3,191.20 | ₹143.57 |
| FY 2024 | ₹4,781.5 | ₹3,665.47 | ₹228.27 |
About Company
Sagility is a technology-enabled healthcare solutions provider that focuses on delivering comprehensive services to U.S.-based payers, providers, and their partners. The company aims to enhance operational efficiency, improve member and provider experiences, and deliver cost-effective healthcare outcomes. By combining advanced technology with transformation-driven business process management (BPM) services, Sagility leverages decades of healthcare expertise to optimize the entire member and patient experience. Their service offerings include clinical management, case management, member engagement, provider solutions, payment integrity, claims cost containment, and analytics.
Formerly known as HGS Healthcare, Sagility has established a strong market presence with over 25,000 employees across five countries. The company has built long-term relationships with its clients, with an average service tenure of 17 years among its largest customer groups. Sagility’s commitment to innovation and quality positions it well in the healthcare sector, enabling it to effectively address complex challenges while enhancing care delivery and operational efficiencies for its clients.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2021 | Healthcare | Ramesh Gopalan |
Know Before Investing
Sagility India IPO Strengths
- Leader in U.S. healthcare market with 1.23% market share (2023).
- Provides end-to-end, tech-enabled services to Payers and Providers.
- High client retention, with 110.82% revenue retention rate (2024).
- 35,858 employees across 31 locations with 60.68% women workforce.
- Strong tech portfolio, utilizing AI, ML, and RPA tools.
- Supports five of the top 10 U.S. healthcare Payers (2024).
Sagility India IPO Risks
- Intense competition may affect Sagility’s business and profitability.
- Sole U.S. healthcare focus exposes Sagility to industry risks.
- Equity shares issued at ₹28.30 below potential offer price.
- High reliance on goodwill, 54.67% of total assets (2024).
- Sagility’s credit rating downgrade may impact future capital access.
- Attrition rate at 27.34% raises recruitment and retention costs.
Swot Analysis for Sagility India IPO
Strengths
Diversified Service portfolio, Sturdy Presence in the US Market
Weaknesses
Client Concentration
Opportunities
Enhancing portfolio offerings to new clients, Inorganic Expansion
Threats
Competitive market
Company Details
Sagility India Limited
No. 23 & 24, AMR Tech Park,
Building 2A, First Floor, Hongasandara Village,
Off Hosur Road, Bommanahalli, Bengaluru – 560 068
Phone: +91- 80-7125 150
Email: [email protected]
Website: http://www.sagilityhealth.com/
IPO Registar Details
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Phone: +91-22-4918 6270
Email: [email protected]
FAQs
The key objectives of Sagility India IPO are:
- Gain visibility and enhance brand image through public listing.
- Provide liquidity to existing shareholders by enabling share trading in the public market.
- Establish a public market for equity shares to facilitate future capital raising.
ICICI Securities Limited, J.P. Morgan India Private Limited, Iifl Securities Ltd, Jefferies India Private Limited are the book-running lead managers for the Sagility India IPO.