Sagility India’s IPO opens today and closes on November 7. The company aims to raise Rs 2106 crore by offering 70.22 crore shares at a price band of Rs 28-30 per share. Analysts have mixed opinions on the IPO due to its offer-for-sale nature and high valuations. The company’s performance could be influenced by the upcoming US presidential election.
PRISM’s IPO filing mentions Zostel case, CCI investigation
In its UDRHP-I filing to Sebi, the company any ‘adverse’ outcome in legal proceedings involving Zostel may materially and adversely affect its business, reputation, prospects,