The initial public offering (IPO) of Sagility India was subscribed 28% so far on the second day of bidding on Wednesday, fueled by strong participation from retail investors. On day one, the issue was subscribed 22%.

Sagility India initial public offering (IPO) opened on the Indian primary market on 5 November 2024, with bidding available until 7 November 2024. This gives investors three days—Tuesday to Thursday—to participate in the offer.

On Tuesday’s first day of bidding, Sagility India Ltd., a supplier of technology-enabled healthcare services, earned a 0.23 times subscription for its initial public offering (IPO). November 7 is the last day of the Rs 2,106.6-crore IPO, with a price range of Rs 28 to Rs 30 per share.

Sagility India's IPO was subscribed 22% on the first day of the public issue. The modest investor response failed to lift the GMP.

According to stock market observers, the company's shares are trading at a premium of ₹3 in the grey market today

Opening on November 5, the Sagility India IPO is set to close on November 7, with a price range of ₹28-30 per share.

Before its launch, Sagility India was trading at a premium of Rs 3 in the grey market, indicating neutral investor demand. However, the GMP has now dipped to Rs 0.