EQT's Jean Salata emphasized the firm's strategy of pricing IPOs to ensure all investors can profit, viewing public offerings as a starting point for modernization rather than an exit strategy. This approach aims to build EQT's reputation as a high-quality private equity firm committed to long-term wealth creation. Following this philosophy, EQT's portfolio company Sagility India saw its share price rise over 28% since its debut on December 12.
Sagility India shares surged 8% on November 26, trading at Rs 30.02, following strong Q2 earnings. The company reported a 30.5% year-on-year increase in net profit to Rs 163.60 crore and a 21% rise in revenue to Rs 1,325 crore, with EBITDA growing 22% to Rs 337.80 crore. CFO Sarvabhouman Srinivasan emphasized the commitment to technology and AI investments to enhance stakeholder value.
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