Skip to main content
MainBoardListed
Sagility India Limited Logo

Sagility India Limited IPO

Sagility India Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 31.06 (+3.53%)

Following its successful public offering, Sagility India Limited's made its market debut on 12-11-2024 and is now actively traded on the NSE, BSEplatform. The IPO mobilized 70,21,99,262 Shares in total capital, including TBD in primary equity infusion and ₹2106.60 Cr in secondary share sales.

The offering was structured with a price band of ₹28 to ₹30 and minimum investment lots of 500 shares. Investor participation during the subscription window from 05-11-2024 to 07-11-2024 demonstrated market confidence in the company's prospects.

The allotment process concluded on 09-11-2024, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.

Sagility India IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Sagility India IPO Key Performance Indicator
Company Financials ( In Crores )

Sagility India IPO About Company

Sagility India Limited (formerly Berkmeer India Private Limited) provides healthcare-focused services to U.S. health insurers (payers) and medical service providers such as hospitals, doctors, diagnostics, and medical technology companies. Its solutions include claims processing, payment accuracy checks, clinical management, and revenue cycle management to help streamline billing and healthcare cost settlements. The company also supports Pharmacy Benefit Managers (PBMs) in managing prescription drug coverage. Sagility serves only U.S.-based customers, with strong long-term relationships—its top five customer groups have an average association of 17 years, and as of January 2024, it worked with five of the top ten U.S. payers. The company added 20 new clients across FY 2023 and FY 2024 and had a workforce of 35,044 employees as of March 31, 2024, of which 60.52% were women, including 1,687 certified professionals such as medical coders, registered nurses, and specialists in dentistry, surgery, and pharmacy.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Sagility India IPO Strength Factors

  1. Leadership in U.S. Healthcare Market: Sagility maintains a strong foothold in the expanding U.S. Payer and Provider services industry, driven by growing outsourcing demand and essential service offerings.
  2. Extensive Domain Experience: With over two decades of specialization, the company combines deep operational expertise and tech-enabled healthcare solutions across both segments.
  3. Advanced and Scalable Tech Infrastructure: Proprietary RPA-, analytics-, and AI-powered platforms enable efficient, end-to-end service delivery and revenue cycle optimization.

Sagility India IPO Risk Factors

  1. High Competitive Pressure: Operates in a highly competitive U.S. healthcare services market, where loss of edge could impact growth and profitability.
  2. Geographic Concentration Risk: Heavy dependence on the U.S. market makes the company susceptible to country-specific economic or regulatory shifts.
  3. Intangible Asset Exposure: Large share of assets in goodwill and intangibles; any impairment could weaken financial strength and credibility.

Sagility India IPO Lead Manager(s)

  • ICICI Securities Limited
  • IIFL Securities Limited
  • Jefferies India Private Limited
  • J.P. Morgan India Private Limited

Sagility India IPO Promoter(s)

  1. Sagility B.V
  2. Sagility Holdings B.V

Sagility India IPO Company Details

Sagility India Limited
Phone:
address:

Sagility India IPO Registrar

Link Intime India Private Limited
Name:
Phone:

Sagility India IPO FAQs