How to Check Sagility India IPO Allotment Status and What to Expect from the Listing Gain?

Here’s a simple, step-by-step guide to check the Sagility India IPO allotment status and what you can expect from its listing:

Check IPO Allotment Status on the Registrar’s Website

• Visit the official registrar of the Sagility India IPO, Link Intime India Private Limited, using this URL: https://linkintime.co.in/initial_offer/
• Select the company name from the dropdown menu.
• Enter your PAN number, application number, or DP client ID.
• Click “Submit” to view your allotment status.

Check IPO Allotment Status on the BSE Website

• Visit the Bombay Stock Exchange (BSE) website.
• Click on the “Investors” section and select “Status of Issue Application” from the dropdown.
• Click “Application Status Check.”
• Choose “Equity” for the issue type.
• Enter your PAN number and click “Submit” to view your allotment status.

Understand the Grey Market Premium (GMP)

• The grey market premium for Sagility India shares indicates a 1% expected listing gain.
• The GMP is Rs 0.30 above the issue price, which suggests modest interest in the stock post-listing.
• While this reflects market sentiment, the final listing price could differ based on market conditions.

Wait for the Listing Date

• Sagility India shares are expected to be listed on the BSE on November 12, 2024.
• After the listing, keep an eye on the stock's performance to gauge investor interest and potential returns.

Consider the Long-Term Outlook

• Despite a modest listing expectation, brokerages suggest a “buy for the long term” strategy for Sagility India due to its strong position in the healthcare sector.
• The company’s workforce of over 35,000 employees, with a significant proportion of women, reflects its growth potential and commitment to diversity.

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By following these steps, you can easily check the status of your Sagility India IPO allotment and understand what to expect from the stock’s performance on listing day.

[Disclaimer: This content is for informational purposes only and does not constitute financial advice. Always consult with a financial advisor before making investment decisions.]