Sagility India, a healthcare-focused solutions provider, has filed a draft red herring prospectus with SEBI for an initial public offering. The IPO comprises an offer-for-sale of 98.44 crore equity shares, with no fresh issue component, valued at ₹4,753.6 crore. The company reported a 59% increase in consolidated net profit to ₹228.3 crore and a 12.7% increase in revenue from operations in FY24.
Source: FlipItMoney
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