Sagility India Limited’s IPO opened for trading today, debuting with a slight premium. The issue price was set at ₹30.00 per share, and the stock listed at ₹31.06 on both the NSE and BSE, reflecting a 3.53% increase.
The IPO, which raised ₹2,106.60 crore through a 100% offer-for-sale (OFS) of 70.22 crore equity shares, saw solid demand. Sagility India has demonstrated promising financial growth, with revenue up 9.6% YoY to ₹1,223 crore in Q1 FY25 and a 12.69% increase to ₹4,753 crore in FY24.
Investors who received shares in the allotment may consider holding for potential medium-term growth as the company capitalizes on its strong performance.
Disclaimer: This information is provided for informational purposes only and does not constitute financial advice. Please consult a financial advisor or conduct your own research before making investment decisions.
