Sagility India Limited IPO: Subscription speed decreased, subscription only 0.23 times, know which category got maximum subscription…

Sagility India Limited IPO: Today is the second day of bidding for the Initial Public Offer (IPO) of Segility India Limited. Till 10:30 am today, this issue has been subscribed a total of 0.23 times. This issue was subscribed 1.14 times in the retail category and 0.08 times in the non-institutional investors (NII) category.

Tomorrow i.e. 7th November is the last day to bid for this IPO. On November 12, the company's shares will be listed in Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Segility India, which provides healthcare focused solutions and services, wants to raise Rs 2,106.60 crore through this issue. For this, the existing investors of the company are selling 702,199,262 shares worth Rs 2,106.60 crore through Offer for Sale i.e. OFS. The company is not issuing even a single new share.

Sagility India Limited IPO: What is the minimum and maximum amount that can be invested?

Sizility India has fixed the price band of this issue at Rs 28 to Rs 30 per share. Retail investors can bid for a minimum of one lot i.e. 500 shares. If you apply for 1 lot at the upper price band of IPO at Rs 30, then you will have to invest Rs 15,000 for it.

At the same time, retail investors can apply for a maximum of 13 lots i.e. 6500 shares. For this, investors will have to invest ₹ 195,000 as per the upper price band.

10% of the issue is reserved for retail investors

The company has reserved 75% of the issue for Qualified Institutional Buyers (QIB). Apart from this, 10% share is reserved for retail investors and the remaining 15% share is reserved for non-institutional investors (NII).