Sagility India IPO
Sagility India Limited
Minimum investment
Sagility India IPO Details
Bidding date
05 Nov - 07 Nov 2024
Price range
—
Minimum quantity
500
Minimum investment
₹14,000
Issue size
—
IPO doc (link)
RHP docsListing exchange
NSE/BSE
Sagility India IPO Dates & Timeline
About Sagility India IPO: Company Overview
Sagility India Limited is a technology-enabled, pure-play healthcare focused solutions and services provider to Payers (U.S. health insurance companies, which finance and reimburse the cost of health services), and Providers (primarily hospitals, physicians, and diagnostic and medical devices companies). It supports the core business operations of both Payer and Provider clients.
Sagility delivers these services leveraging our tools and platforms, as needed, through our capable talent pool from our five global service delivery locations in India, the Philippines, the U.S., Jamaica and Colombia.
Strengths & Risks of Sagility India IPO
Leader in U.S. market: We have become one of the largest tech-enabled healthcare services firms by revenue, recognized for the quality and scale of their services by industry experts.
Domain expertise in healthcare : Sagility provides technology-enabled services to Payer and Provider clients. This pure-play nature of business, along with over 24 years of usiness experience and the effective use of technology, has helped them build domain expertise in operations.
Scalable, technology-enabled services and solutions: Over the years, company has developed a suite of proprietary tools and platforms that enable its services. These proprietary tools and platforms assist in serving the entire spectrum of payer clients’ operations and healthcare provider clients’ revenue cycle management functions.
Deep, expanding client relationships: All of Sagility's clients are Payers and Providers based in the U.S. As of January 2024. They serve five of the top 10 Payers by enrolment in the U.S). Their clients also include one of the largest U.S.-based hospital networks, three of the top 6 PBMs, and other large diagnostic laboratories, hospitals, DMEs and radiology companies.
Highly competitive industry: Company's future growth and success will depend on its ability to successfully compete with other companies that provide similar services in the same markets, some of which may have financial, marketing, technical and other advantages.
U.S. Focussed model: Company's business is solely focused on the U.S. healthcare industry and may be adversely affected by factors affecting the U.S. healthcare industry, including a decline in the growth of the U.S. healthcare industry, reduction in outsourcing and other trends.
Outstanding legal proceedings: There are outstanding legal proceedings involving Company, Subsidiaries and Directors. Any adverse decision in such proceedings may adversely affect business, financial condition, and results of operations.
Dependance on large clients: As a significant portion of company's business is attributable to certain large client groups in the U.S., company'sbusiness and profitability is dependent on its continuing relationships with such key clients.
How to Apply for Sagility India IPO: Step-by-Step Guide
- Research the IPO:Review the prospectus and company details.
- Open accounts:Ensure you have a demat and trading account.
- Check dates:Note the IPO opening and closing dates.
- Apply online:Log in to your brokerage account and complete the IPO application form.
- Make payment:Pay through your linked bank account.
- Submit application:Confirm and submit your application.
- Track status:Monitor the allotment status and check for shares in your demat account upon listing.