Mon Nov 04 09:34:10 UTC 2024: ## Sagility India to Raise ₹2,106.60 Crore Through IPO
**Mumbai, India -** Sagility India, a healthcare solutions provider catering to US health insurers, hospitals, and medical technology companies, is set to launch its initial public offering (IPO) on November 5th. The IPO, which will close on November 7th, aims to raise ₹2,106.60 crore through the sale of 70.22 crore shares priced at ₹28-30. The company is expected to list on both BSE and NSE on November 12th.
The IPO proceeds will go to Sagility BV, the promoter selling shares in the offer. The grey market premium (GMP) for the IPO was at ₹3 on Monday, indicating a potential listing price of ₹33. However, GMPs are not always a reliable predictor of listing performance.
ICICI Securities, IIFL Securities, Jefferies India Private Limited, and J.P. Morgan India Private Limited are the book runners for the IPO, while Link Intime India is the registrar.
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