Sagility India IPO, The initial public offering (IPO) of Sagility India has been a hit among investors, oversubscribing 3.2 times overall, with retail investors leading the charge with a 4.16 times oversubscription. The IPO raised ₹2,107 crore, consisting of an entirely offer-for-sale (OFS) of 70.22 crore shares, priced between ₹28 and ₹30 per share. The subscription window opened on November 5 and closed on November 7, 2024, with allotments expected to be finalized on November 9. Investors can expect their shares to be credited to demat accounts by November 11, ahead of the stock’s market debut on November 12, 2024.
If you applied for the Sagility India IPO and are eagerly waiting to know whether you’ve secured shares, here’s how you can check your allotment status through six simple steps.
Step-by-Step Guide to Checking Sagility India IPO Allotment Status
1. Check the Registrar’s Website
The official registrar for Sagility India’s IPO is Link Intime India Private Ltd. To check the allotment status, follow these steps:
- Step 1: Visit the registrar’s website: Link Intime IPO Status.
- Step 2: From the dropdown list, select Sagility India IPO once the allotment process is complete.
- Step 3: Enter your Application Number, Demat Account Number, or PAN to check the allotment status.
- Step 4: Choose the appropriate Application Type: ASBA or non-ASBA.
- Step 5: Fill in the CAPTCHA and submit to view your allotment details.
2. Check the Allotment Status on BSE
Investors can also check their allotment status on the Bombay Stock Exchange (BSE) website by following these steps:
- Step 1: Visit the BSE IPO allotment status page: BSE Allotment Check.
- Step 2: From the ‘Issue Type’ dropdown, select Equity.
- Step 3: Under Issue Name, select Sagility India IPO from the list.
- Step 4: Enter your PAN or Application Number.
- Step 5: Complete the CAPTCHA and click Submit to check your allotment status.
3. Check the Allotment Status on NSE
The National Stock Exchange (NSE) also offers a platform for checking the allotment status. Here’s how to do it:
- Step 1: Go to the NSE IPO status page: NSE IPO Allotment Status.
- Step 2: If you don’t have an account, you’ll need to register first by entering your PAN details.
- Step 3: After logging in, enter your username, password, and CAPTCHA code.
- Step 4: The allotment status will be displayed on the next page.
When Can You Expect the Shares to be Credited?
For those who receive an allotment, the shares will be credited to their Demat accounts on November 11, 2024. Investors who are not allotted shares will receive refunds on the same day. As for the listing date, Sagility India’s shares are expected to make their debut on the BSE and NSE on November 12, 2024.
Grey Market Premium (GMP) of Sagility India IPO
The grey market premium (GMP) of Sagility India IPO has been reported at ₹0.30, which is approximately a 1% premium over the upper price band of ₹30. This means that, based on current market trends, Sagility India shares could be listed at around ₹30.3.
Key Subscription Details
- Total Oversubscription: 3.2 times
- Retail Investor Segment: 4.16 times oversubscribed
- Non-Institutional Investors (NII): 1.93 times oversubscribed
- Qualified Institutional Buyers (QIB): 3.52 times oversubscribed
The IPO has garnered significant attention, especially from retail investors, and is expected to be a prominent debut in the Indian stock market.
As Sagility India’s IPO prepares for its market debut, all eyes are on the allotment process. Investors can follow the steps outlined above to check whether they have received an allotment of shares. Keep in mind that the allotment status will be finalized today, November 9, 2024, and the shares will be credited to demat accounts on November 11, 2024. With a market debut scheduled for November 12, 2024, investors can look forward to seeing how the stock performs once it hits the exchanges.
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