Sagility B.V., the promoter of Sagility India Limited, proposes to sell up to 34,61,32,843 equity shares of face value ₹10 each, representing 7.39% of the total paid-up equity share capital, through a stock exchange mechanism.
Additionally, there is an option to sell up to 35,68,67,157 equity shares, representing 7.62% of the total paid-up equity share capital (Oversubscription Option).
If the Oversubscription Option is exercised, the total offer will be 70,30,00,000 equity shares, representing 15.02% of the total paid-up equity share capital.
The offer is being undertaken to achieve the minimum public shareholding requirements.
The offer will be executed through a separate window of BSE and NSE.
The offer will be open on Tuesday, May 27, 2025, for non-Retail Investors and on Wednesday, May 28, 2025, for Retail Investors and non-Retail Investors who choose to carry forward their un-allotted bids.
10% of the offer size is reserved for Retail Investors.
Retail Investor: An individual investor who places bids for Offer Shares of total value of not more than ₹2,00,000 aggregated across the Stock Exchanges.
A minimum of 25% of the Offer Shares shall be reserved for mutual funds and insurance companies.
The floor price for the Offer is ₹38 per Equity Share.
IIFL Capital Services Limited is the broker for the seller.