Sagility India Limited IPO
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Sagility India Limited IPO Details
|
Issue Open |
05 November 2024 |
|
Issue Close |
07 November 2024 |
|
IPO Price |
₹28 - ₹30 per equity
share |
|
Face Value |
₹10 per equity share |
|
IPO Size |
₹2,106.60 Cr. |
|
Listing At |
NSE, BSE |
|
IPO Lot
Size |
500 shares |
IPO Investor Categories
• Qualified Institutional Buyers (QIB)—Qualified institutional buyers (QIBs) are large investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities, ensure Standards are met, and allow retail investors to purchase shares at a price below the offering price.
• Non-Institutional Investors (NII) - Non-institutional investors (NIIs) on the
other hand, generally consist of the individual investors, high net of the
worth individuals “HNIs”, or companies that do not meet the financial criteria to
be the classified as QIBs and allowed to participate in IPOs at the same price
as retail investors.
NII category has two subcategories:
1. sNII - "sNII" means "small non-institutional
investor". This sub-category includes investors who have the created
shares of ₹2 lakh & ₹10 lakh in IPO.
2. bNII - "bNII" means "large non-institutional
investor". This sub-category includes investors who have created shares
worth more than ₹10 lakh in IPO.
• Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are
individual investors who apply for shares worth up to ₹2 lakh in IPOs, aimed at
encouraging retail participation in IPOs.
• Employee (EMP)- The employee (EMP) category in an IPO is reserved
for employees, directors and associate employees of the issuing company, & the
issuing company and the IPO's chief executive officer determine the allocation
of shares in this category.
• Others- An eligible group of shareholders or other investors with investments in an IPO.
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