Mumbai/New Delhi, 05 November (Hindustan Reporter). The initial public offering (IPO) of Bengaluru-based healthcare-focused service provider company Segility India Limited opened for investors on November 05. Investors can bid for this issue till 07 November. The company’s shares will be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on November 12.
Segility India Limited has fixed the price band for this IPO at Rs 28-30 per share. Investors can bid for a minimum of 500 equity shares and in multiples of 500 equity shares thereafter. The company plans to raise Rs 2,107 crore through this IPO. The proposed IPO of Segility India Limited, a technology services provider in the healthcare sector, is entirely based on an offer for sale of 70.22 crore shares by the promoter entity Segility BV. At the upper end of the price band, the value of the issue is estimated at Rs 2,106.60 crore. The offer for this IPO includes a discount of Rs 2 for eligible employees who bid in the employee reservation process.
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Hindusthan News / Prajesh Shankar
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