Sagility India Limited
Nov 5, 2024 - Nov 7, 2024
Sagility India Limited IPO Details
Mainline
Status
listed
Issue Price
₹28.00 - ₹30.00
Lot Size
500 Shares
Subscription
3.2 times
Listing Price
₹31.06 (3.53%)
Face Value
₹10 Per share
Issue Size
Approx ₹2106.6 Cr
Fresh Issue
-
Total Shares Offered
Approx ₹2106.6 Cr
Retail Quota
10%
QIB Quota
75%
HNI Quota
15%
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Book Built Issue IPO
Listing On
BSE, NSE
Registrar
Link Intime India Private Ltd
NSE Code
SAGILITY
BSE Code
544282
IPO Tentative Timetable
Open Date
Tue Nov 05 2024
Close Date
Thu Nov 07 2024
Allotment Date
Fri Nov 08 2024
Refunds Initiation
Fri Nov 08 2024
Demat Transfer
Mon Nov 11 2024
Listing Date
Tue Nov 12 2024
Valuation
Earning Per Share (EPS)
₹0.53
Price/Earning P/E Ratio
N/A
Return on Net Worth (RoNW)
3.54%
Net Asset Value (NAV)
₹15.03
Promoters
Pre issue Share Holding
100%
Post issue Share Holding
-
Company Promoters
- Sagility B.V.
- Sagility Holdings B.V.
Lead Managers
ICICI Securities Limited
Iifl Securities Ltd
Jefferies India Private Limited
J.P. Morgan India Private Limited
Live Subscription
| Date | QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|---|
| Nov 5, 2024 | 0.00 | 0.08 | 1.14 | 1.43 | 0.23 |
| Nov 6, 2024 | 0.07 | 0.24 | 2.26 | 2.47 | 0.52 |
| Nov 7, 2024 | 3.52 | 1.93 | 4.16 | 3.75 | 3.20 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 500 | ₹15,000 |
| Retail (Max) | 13 | 6500 | ₹195,000 |
| S-HNI (Min) | 14 | 7,000 | ₹210,000 |
| S-HNI (Max) | 66 | 33,000 | ₹990,000 |
| B-HNI (Min) | 67 | 33,500 | ₹1,005,000 |
Key Performance Indicator
| KPI | Values |
|---|---|
| Debt/Equity | 0.15 |
| RoNW | 0.29 |
| P/BV | 2 |
| PAT Margin (%) | 1.82 |
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 31,51,34,668 (44.88%) | NA |
| QIB Shares Offered | 21,00,89,779 (29.92%) | NA |
| NII (HNI) Shares Offered | 10,50,44,889 (14.96%) | - |
| bNII > ₹10L | 7,00,29,926 (9.97%) | 10,004 |
| sNII < ₹10L | 3,50,14,963 (4.99%) | 5,002 |
| Retail Shares Offered | 7,00,29,926 (9.97%) | 1,40,059 |
| Employee Shares Offered | 19,00,000 (0.27%) | NA |
| Total Shares Offered | 70,21,99,262 (100%) | - |
Company Financial
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 10,388.01 | 10,664.2 | 10,590.48 | 10,096.28 |
| Revenue | 1,247.76 | 4,781.5 | 4,236.06 | 944.39 |
| Profit After Tax | 22.29 | 228.27 | 143.57 | -4.67 |
| Net Worth | 7,608.16 | 6,443.13 | 6,206.67 | 4,026.62 |
| Reserves and Surplus | 2,704.28 | 1,855.44 | 4,013.38 | 2,073.8 |
| Total Borrowing | 943.91 | 1,933.52 | 2,347.94 | 4,239.23 |
About Company
Sagility India Limited, previously known as Berkmeer India Private Limited, provides specialized healthcare solutions for U.S. health insurers, known as "Payers," and healthcare providers like hospitals, doctors, and medical companies.
For payers, Sagility offers a range of services including claims administration, clinical services, and payment integrity to support the entire healthcare payment process. For healthcare providers, the company helps with revenue cycle management, assisting them with billing and claiming treatment costs from payers. Sagility also provides some of these services to Pharmacy Benefit Managers (PBMs), who handle prescription drug coverage for insured members under health plans.
As of March 31, 2024, Sagility had 35,044 employees, with over 60% being women. Among them, 1,687 held professional certifications, including 374 certified medical coders, 1,280 registered nurses across the U.S., Philippines, and India, and 33 employees with qualifications in fields like dentistry, surgery, and pharmacy.
Sagility’s clients are all based in the U.S. As of early 2024, its top five client groups had been with the company for an average of 17 years, and it worked with five of the ten largest U.S. health insurers. The company also gained 20 new clients over the financial years 2023 and 2024.
For payers, Sagility offers a range of services including claims administration, clinical services, and payment integrity to support the entire healthcare payment process. For healthcare providers, the company helps with revenue cycle management, assisting them with billing and claiming treatment costs from payers. Sagility also provides some of these services to Pharmacy Benefit Managers (PBMs), who handle prescription drug coverage for insured members under health plans.
As of March 31, 2024, Sagility had 35,044 employees, with over 60% being women. Among them, 1,687 held professional certifications, including 374 certified medical coders, 1,280 registered nurses across the U.S., Philippines, and India, and 33 employees with qualifications in fields like dentistry, surgery, and pharmacy.
Sagility’s clients are all based in the U.S. As of early 2024, its top five client groups had been with the company for an average of 17 years, and it worked with five of the ten largest U.S. health insurers. The company also gained 20 new clients over the financial years 2023 and 2024.
Company Contact
sagility india limited no. 23 & 24, amr tech park, building 2a, first floor, hongasandara village, off hosur road, bommanahalli, bengaluru - 560 068
Phone: +91- 80-7125 150
Email: investorservice@sagilityhealth.com
Website: http://www.sagilityhealth.com/
Registrar Contact
link intime india private ltd
Phone: +91-22-4918 6270
Email: sagility.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html