Sagility India Share Price: Sagility India shares list at 3.5% premium over IPO price
Sagility India shares made their debut on the exchanges on Tuesday, listing at Rs 31.06 on the BSE and NSE, a 3.5% premium over the issue price of Rs 30.
The IPO of Sagility India received decent response from investors with an overall subscription of 3 times at close.
The Rs 2,106 crore IPO was entirely an offer-for-sale of 70.22 crore shares by the promoter, Sagility B.V., with no fresh issue component. All proceeds, excluding expenses, will go to the selling shareholder.
Sagility India provides technology-driven solutions to US healthcare payers and providers, including health insurance companies, hospitals, and medical device companies.
A total of 19 lakh shares have been reserved for Sagility employees at a Rs 2 discount on the final…
