The Sagility India Limited IPO has attracted attention due to its affordable price point and focus on scaling in the IT and business process management sectors. For investors looking to enter a growing industry with lower capital requirements, this IPO provides an accessible opportunity. Below is a detailed look at Sagility India Limited, covering key financials, projections, and subscription insights.
IPO Details
- IPO Opening Date: Nov 05, 2024
- IPO Closing Date: Nov 07, 2024
- Issue Price: ₹30.00 per share
- Lot Size: 500 shares
- Total Issue Size: ₹2,106.60 Crores
- Listing on: BSE, NSE
Company Background: Sagility India Limited
Sagility India Limited is a prominent company in the IT and business process management (BPM) sectors, providing solutions that streamline operational efficiency and enhance client experiences. With a reputation for high-quality service delivery, Sagility India is steadily expanding its footprint domestically and internationally. Through this IPO, the company aims to raise capital to fuel its growth, strengthen its market position, and continue its technological advancements.
Objectives of the IPO
- Expansion of Service Capabilities: Enhance and expand the range of IT and BPM services offered.
- Debt Reduction: Improve financial stability by reducing outstanding debt.
- Investment in Technology: Focus on R&D for innovative BPM solutions.
- Market Penetration: Strengthen the company’s brand and presence in new and existing markets.
Financial Performance and Yearly Predictions
| Year | Predicted Share Price (INR) |
|---|---|
| 2024 | ₹35 |
| 2025 | ₹40 |
| 2026 | ₹46 |
| 2027 | ₹52 |
| 2028 | ₹58 |
| 2029 | ₹64 |
| 2030 | ₹70 |
These financial projections highlight Sagility India’s potential for steady growth in the IT and BPM sectors, offering investors a promising outlook.
Subscription and Grey Market Premium Details
| Category | Subscription Status |
|---|---|
| Retail Investors | 4.85x |
| Qualified Institutional Buyers (QIB) | 10.67x |
| Non-Institutional Investors (NII) | 7.29x |
- GMP for Sagility India Limited: ₹12
For IPO Listing Date and Price Expectations:
- Expected Listing Date: Nov 12, 2024
- Expected Listing Price: ₹32 – ₹35
These details reflect substantial investor interest and suggest a favorable listing performance for Sagility India.
Conclusion: Is Sagility India Limited a Good Investment?
Sagility India Limited offers a strategic entry point for investors interested in the IT and business process management sectors. With a focus on market expansion, technology investment, and debt reduction, Sagility India is positioned for future growth. However, potential investors should weigh their personal risk tolerance and market conditions before committing. Conducting thorough due diligence remains essential.
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