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SAGILITYEQ / NSE, BSEListed

Sagility India Limited

Sagility India Limited (formerly Berkmeer India Private Limited) provides healthcare-focused services to U.S. health insurers (payers) and medical service providers such as hospitals, doctors, diagnostics, and medical technology companies. Its solutions include claims processing, payment accuracy checks, clinical management, and revenue cycle management to help streamline billing and healthcare cost settlements. The company also supports Pharmacy Benefit Managers (PBMs) in managing prescription drug coverage. Sagility serves only U.S.-based customers, with strong long-term relationships—its top five customer groups have an average association of 17 years, and as of January 2024, it worked with five of the top ten U.S. payers. The company added 20 new clients across FY 2023 and FY 2024 and had a workforce of 35,044 employees as of March 31, 2024, of which 60.52% were women, including 1,687 certified professionals such as medical coders, registered nurses, and specialists in dentistry, surgery, and pharmacy.

₹28 - ₹303.2x sub
Listed Price31.06
Listing Gain+3.53%
TimelineBookbuilding IPO
Open05 Nov 2024
Close07 Nov 2024
Allotment09 Nov 2024
Listing12 Nov 2024

Quota Reservation Portions

QIBPortion: 21,00,89,779 shares
54.28%
HNIPortion: 10,50,44,889 shares
27.14%
RetailPortion: 7,00,29,926 shares
18.09%
EmployeePortion: 19,00,000 shares
0.49%

Minimum Application Bracket Matrix

Retail1 lots / 500 shares
₹15,000
sHNI14 lots / 7,000 shares
₹2,10,000
bHNI67 lots / 33,500 shares
₹10,05,000

About the Company

Sagility India Limited (formerly Berkmeer India Private Limited) provides healthcare-focused services to U.S. health insurers (payers) and medical service providers such as hospitals, doctors, diagnostics, and medical technology companies. Its solutions include claims processing, payment accuracy checks, clinical management, and revenue cycle management to help streamline billing and healthcare cost settlements. The company also supports Pharmacy Benefit Managers (PBMs) in managing prescription drug coverage. Sagility serves only U.S.-based customers, with strong long-term relationships—its top five customer groups have an average association of 17 years, and as of January 2024, it worked with five of the top ten U.S. payers. The company added 20 new clients across FY 2023 and FY 2024 and had a workforce of 35,044 employees as of March 31, 2024, of which 60.52% were women, including 1,687 certified professionals such as medical coders, registered nurses, and specialists in dentistry, surgery, and pharmacy.

Company Promoters

Sagility B.VSagility Holdings B.V
Sagility India Limited IPO Details | GMP, Allotment & Financials | IPO Trending