Sagility India IPO Allotment Status

Summary

Sagility India IPO has closed with a strong response from investors, achieving a final subscription of 3.20 times by 7th November 2024 at 5:15:09 PM (Day 3). The public issue witnessed robust demand across all categories. The Retail Investors segment led with 4.16 times subscription, while the Employee portion showed strong interest with 3.75 times subscription.

The Qualified Institutional Buyers (QIB) portion demonstrated significant interest with 3.52 times subscription. The Non-Institutional Investors (NII) category achieved 1.93 times subscription, with small NIIs (sNII) at 2.41 times and big NIIs (bNII) at 1.69 times. The Anchor Investors portion was fully subscribed before the public issue, raising ₹945.404 crores. The offering received a total of 5,73,307 applications, indicating strong overall investor interest.

How to Check Sagility India IPO Allotment Status:

How do you Check Sagility India IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web portal of Link Intime India Private Ltd. (https://linkintime.co.in/initial_offer/public-issues.html)

Step 2: From the selection menu, choose Sagility India IPO.

Step 3: Pick a mode from the following three: PAN ID, Demat Account number, or Application number

Step 4: Choose "Application Type," then "ASBA" or "non-ASBA."

Step 5: Enter the information relevant to the mode you have chosen.

Step 6: For security reasons, please fill out the captcha accurately.

Step 7: Click "Submit."

How to Check Sagility India IPO Allotment Status on BSE?

On the website of the Bombay Stock Exchange (BSE), investors who placed a bid for the Sagility India IPO can monitor the allotment status:

Step 1: Click on this link: https://www.bseindia.com/investors/appli_check.aspx

Step 2: Click on "Issue Type" and choose "Equity."

Step 3: Choose "Sagility India Limited" from the dropdown menu under "Issue Name."

Step 4: Enter your application number.

Step 5: Give the PAN ID.

Step 6: Select 'I am not a robot' and press the search button.

How to Check IPO Allotment Status in a Bank Account?

Log into your Internet Banking: Go to your bank's website or mobile app and log in.

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account? 

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO.

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Sagility India IPO Timeline:

Sagility India IPO Subscription Status

Sagility India IPO received 3.20 times subscription with 5,73,307 applications. By 7th November 2024 at 5:15:09 PM (Day 3), the detailed subscription status was:

Subscription Day 3 (as of 5:15:09 PM)
Total Subscription: 3.20 times
QIB: 3.52 times 
NII: 1.93 times 
bNII (>₹10L): 1.69 times 
sNII (<₹10L): 2.41 times 
Retail investors: 4.16 times
Employee: 3.75 times 

Subscription Day 2 
Total Subscription: 0.52 times
QIB: 0.07 times 
NII: 0.24 times 
bNII (>₹10L): 0.16 times 
sNII (<₹10L): 0.40 times 
Retail investors: 2.26 times 
Employee: 2.47 times 

Subscription Day 1
Total Subscription: 0.23 times
QIB: 0.00 times
NII: 0.08 times
Retail investors: 1.14 times
Employee: 1.43 times

Sagility India IPO Details 

Sagility India's initial public offering (IPO) is a book built issue of ₹2,106.60 crores. This offering consists entirely of an offer for sale of 70.22 crore shares.

The bidding process for the Sagility India IPO commenced on 5th November 2024 and will conclude on 7th November 2024. The allotment results for this IPO are anticipated to be finalised on 8th November 2024. The shares of Sagility India are set to be listed on BSE and NSE, with a provisional listing date scheduled for 12th November 2024.

The Sagility India IPO price band has been established between ₹28 and ₹30 per share, with an employee discount of ₹2 per share. Investors must apply for a minimum lot size of 500 shares, which requires a minimum investment of ₹15,000 for retail investors. For small NIIs, the minimum investment is 14 lots (7,000 shares), totalling ₹210,000, and for big NIIs, it is 67 lots (33,500 shares), totalling ₹1,005,000.

The book running lead managers include ICICI Securities Limited, IIFL Securities Ltd, Jefferies India Private Limited, and J.P. Morgan India Private Limited. Link Intime India Private Ltd is designated as the registrar for this offering.