Sagility Share Price Live Updates: What GMP, experts, signal on listing premium
Source: Live Mint
Sagility Share Price Live Updates: The equity shares of Sagility India Ltd, a provider of healthcare services, are poised to debut in the stock market today. The initial public offering (IPO) for Sagility India Ltd saw a healthy level of subscription during its bidding period. Today, November 12, marks the listing date of the Sagility India IPO.
A notice from the BSE has informed Trading Members that starting Tuesday, November 12, 2024, the equity shares of Sagility India Limited will be listed and available for trading on the Exchange in the ‘B’ Group of Securities.
According to the notice, Sagility India shares will participate in a Special Pre-open Session (SPOS) on Tuesday, November 12, with trading commencing at 10:00 AM.
Sagility India share price will be listed on both BSE and NSE stock exchanges.
Sagility India IPO , which opened for subscription on Tuesday, November 5, was booked 3.20 times on the last day of bidding on Thursday, November 7. The issue price band was set in the range of ₹28 to ₹30 per equity share, having a face value of ₹10. Anchor investors infused ₹945 crore into the company.
Stay Tuned for listing, more updates
Sagility Share Price Live Updates: Here’s what expert says on the share debut
“We expect the issue to open at par with its upper price band. The muted debut could be driven by lower investor confidence due to the dampening in the IPO market after a long time (a few previous IPO listed for discount),” said Prathamesh Masdekar, Research Analyst, StoxBox.
Sagility Share Price Live Updates: Here’s what Sagility IPO GMP today signal’s ahead of listing
Sagility India IPO GMP today is +0.30. This indicates Sagility India share price was trading at a premium of ₹0.30 in the grey market, according to investorgain.com.
Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Sagility India share price is indicated at ₹30.3 apiece, which is 1% higher than the IPO price of ₹30.
According to the past 15 sessions of grey market activities, the existing GMP ( ₹0.30) indicates a trend toward decline. The minimum GMP recorded is ₹0, whereas the maximum GMP reached is ₹3, as reported by experts at investorgain.com.
‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.
