Sagility India provides healthcare-focused solutions and services to U.S. health insurers who are payers for financing and reimbursing the cost of healthcare services. It also caters to hospitals, physicians, diagnostics and medical technology companies.

The IPO will open for subscription on November 5, Tuesday and closes on November 7. The company is tentatively scheduled to list on November 12, Tuesday on both BSE and NSE.

The company aims to raise ₹2,106.60 crore through an offer for sale of 70.22 crore shares. The issue is priced at ₹28-30. The anchor book for the IPO will be launched on November 4, Monday.

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As the issue is a complete offer for sale, the proceeds from the IPO will go to Sagility BV, the promoter who is selling shares in the issue.

The Grey Market Premium for Sagility was at ₹3 at 11 am on Monday and This puts the IPO's tentative listing price at ₹33. It's important to note that while GMPs can provide some insight into market sentiment towards an IPO, they are not always a reliable predictor of the stock's performance upon listing.

ICICI Securities, IIFL Securities, Jefferies India Private Limited and J.P. Morgan India Private Limited are the book runners of the IPO and Link Intime India is the registrar.

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