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News Details

30/10/2024 12:10

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Sagility India announces launch of initial public offering

Sagility India Ltd. has announced public offering of 702199262 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 20.00 per share. The gross proceeds of the issue are expected to be Rs 2,10,659.78 lakhs.

The company's initial public offer (IPO) will open on 05 November 2024 and is expected to close on 07 November 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 28.00-30.00 per share.

The IPO includes a fresh Issue of 702199262 Equity Shares of the Company at an price of Rs 30.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 500 shares with bids in multiples of 500.

Sagility India Ltd. anticipates using the proceeds of the issue for .

ICICI SECURITIES LTD,JP Morgan India Private Limited.,IIFL Securities Ltd.,Jefferies India Pvt. Ltd. as lead manager(s) & Link Intime India Pvt. Ltd. is the registrar, to the issue.