Sagility India’s IPO has a dull listing on the stock exchange, started with a rise of 3.53%.

Sagility India IPO Listing: Segility India Limited’s IPO has had a very weak listing on the stock exchange. The IPO with an issue price of Rs 30 has been listed at Rs 31.06 at a premium of 3.53 per cent. At present, due to return of buying in the stock from these levels, it is trading at Rs 32.21 with a rise of 7.80 percent.

Sagility India raised Rs 2106 crore in IPO

Segility India’s IPO was opened on 5 November 2024 and 7 November was the last date to apply. The company has raised Rs 2106.60 crore from the market through IPO. The company had fixed the IPO price band at Rs 28-30 per share with a face value of Rs 2. However, due to the ongoing selling by foreign investors in the Indian stock market, the sentiment has deteriorated due to which the IPO of Segility India has had to bear the brunt and the IPO could be subscribed only 3.20 times. In this, retail investors category was subscribed 4.16 times, institutional investors quota (QIB) was subscribed 3.52 times and non-institutional investors category was subscribed 1.93 times.