Sagility India IPO GMP

Sagility India IPO: Your Ultimate Guide to Cashing In (or Not!)

Sagility India's IPO opens tomorrow, but what's the buzz about GMP? Find out if you should invest or just grab popcorn!

Sagility India is set to make its mark as the much-anticipated IPO opens for public subscription tomorrow, November 5! Priced between ₹28 to ₹30, this opportunity could mean doors to the growing healthcare sector. But wait, there’s more! Sagility's parent firm, Sagility BV, has already garnered ₹366 crore by disposing of a mere 2.61% stake to nine institutional investors. Are you ready to sell your old furniture and invest in healthcare?

The IPO aims to raise around ₹2,106 crore by offering a whopping 70.2 crore shares exclusively from the offer-for-sale by Sagility BV. The enthusiasm is palpable, but let's address the million-dollar question: What does the Grey Market Premium (GMP) signal ahead of the launch? Currently, the unlisted shares of Sagility India are trading at a flat rate of ₹30, indicating zero GMP or as we like to call it, the “flat tire” of IPOs. Does this mean you should steer clear or grab a ticket for the ride?

For savvy investors, it's an intriguing time as Sagility focuses solely on the healthcare industry. Tech-enabled business solutions are crucial in today's fast-paced world, especially in healthcare. With an estimated ₹945 crore raised from anchor investors and a promising subscription window, there’s a chance for investors to tap into a sector that can’t afford to lag!

Now, if you're still eyeing that application button, remember, contributing to an IPO isn't just about money; it's about being part of a sector that has the potential to change lives. Fun fact: the Indian healthcare sector is expected to reach a whopping $372 billion by 2022, driven primarily by technology! Furthermore, Sagility India plans to enhance healthcare service delivery while providing robust IT solutions for healthcare clients in the U.S. healthcare ecosystem. In other words, investing in Sagility might just be like being a blog writer in 2020—up and coming!