Cigniti Share Price Target 2026: Merged Into Coforge, Share Swap Ratio and What Shareholders Hold Now
- June 17, 2026
- Posted by: Ankit Jaiswal
- Category: News
Cigniti Technologies merged into Coforge on 5 May 2026. Swap ratio 1:1. Coforge Rs 1,852.50 (5 Oct 2026). Cigniti no longer trades.
Quick Answer
The Cigniti share price target no longer applies, because Cigniti Technologies was amalgamated into Coforge Limited with effect from 5 May 2026 and its shares no longer trade. Shareholders on the record date of 16 May 2026 received one Coforge share for every Cigniti share, and Coforge allotted 1,26,71,602 shares on 3 June 2026. At Rs 1,852.50 for Coforge, one former Cigniti share is now one Coforge share of that value, and the Rs 1,260.30 still shown for Cigniti is a stale last price with no volume. Investors should follow Coforge, whose Q1 FY27 profit rose 110 percent to Rs 518.6 crore and whose executable order book reached $2.23 billion.
Many investors still search for the Cigniti share price target 2026 because the old page and some data screens show a Cigniti price. That page is out of date: Cigniti Technologies merged into Coforge, and this Cigniti share price target update explains what happened, what the swap means and what to track now.
The 1:1 share swap means a former Cigniti holder owns Coforge shares today, so the Cigniti share price target is replaced by Coforge’s price, results and order book.
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What Happened to Cigniti Technologies and the Cigniti Share Price Target?
Cigniti Technologies was amalgamated into Coforge Limited under a scheme sanctioned by the NCLT on 29 April 2026. The scheme became effective on 5 May 2026, with an appointed date of 1 April 2025, and Cigniti stands dissolved without winding up. That is why there is no live Cigniti share price target for the stock.
| Event | Date | Detail |
|---|---|---|
| Scheme approved by Coforge board | 27 Dec 2024 | Original share exchange ratio of 1:5 |
| Swap ratio revised after Coforge split | 6 Jul 2025 | 1 Coforge share (Rs 2) for 1 Cigniti share (Rs 10) |
| NCLT sanction | 29 Apr 2026 | Chandigarh bench; appointed date 1 Apr 2025 |
| Scheme effective | 5 May 2026 | Cigniti dissolved into Coforge |
| Record date for the swap | 16 May 2026 | Eligible Cigniti holders identified |
| Share allotment | 3 Jun 2026 | 1,26,71,602 Coforge shares allotted |
Check live Coforge data and the Cigniti merger background on the Univest Screener.
Why There Is No Cigniti Share Price Today or a Cigniti Share Price Target
Cigniti share price today still appears on some screens at Rs 1,260.30, but that is the last traded price with zero volume. The stock has been delisted as part of the merger, so it cannot be bought or sold. Any Cigniti share price target you find online that dates from before May 2026 describes a company that no longer exists.
The business continues inside Coforge, which acquired a controlling stake in 2024 and then completed an open offer at Rs 1,415 per share for an additional 4.69 percent. Cigniti’s earnings now sit in Coforge’s standalone results.
What Cigniti Shareholders Hold Now: Coforge Stock Analysis
Each Cigniti share became one Coforge share, so a holder of 100 Cigniti shares on the record date now holds 100 Coforge shares, worth about Rs 1,85,250 at Rs 1,852.50. The table gives the key Coforge numbers that replace the Cigniti share price target question.
| Parameter | Coforge Value | Context |
|---|---|---|
| Share Price (NSE) | Rs 1,852.50 | 5 Oct 2026, about 1:15 PM IST |
| Market Capitalisation | Rs 80,863 crore | Large cap IT services |
| Trailing P/E | About 42.1x | Industry P/E about 17.5x |
| EPS (TTM) | Rs 43.34 | Trailing twelve months |
| Return on Equity | About 16.3% | Debt to equity 0.08 |
| Dividend Yield | About 0.66% | Rs 4 interim dividend declared |
Coforge Q1 FY27 Results: What Drives the Value of Your Shares
Coforge reported Q1 FY27 revenue of Rs 5,527.7 crore, up 49 percent, boosted by the Encora acquisition, and net profit of Rs 518.6 crore, up 110 percent. EBITDA rose 74 percent to Rs 1,123.3 crore at a 20.3 percent margin, and these numbers matter more than any old Cigniti share price target.
| Metric | Q1 FY27 | Context |
|---|---|---|
| Revenue | Rs 5,527.7 crore | Up 49%; $592.2 million, up 33% in dollars |
| Net Profit | Rs 518.6 crore | Up 110% year on year |
| EBITDA Margin | 20.3% | EBIT margin 16.0% |
| Order Intake | $691 million | Excludes Encora order intake |
| 12-Month Executable Order Book | $2.23 billion | Up 44% |
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What to Track Instead of the Cigniti Share Price Target
Four things matter now. Order intake and the executable order book show future revenue, Encora’s margin and integration drive profit, the share count after the Cigniti allotment affects EPS, and valuation at 42 times earnings leaves little room for a miss.
Investors who still ask about the Cigniti share price target should look for a Coforge share price target from brokerages and Univest research, since that is the live stock.
How to Track Your Former Cigniti Shares
Step 1: Open your demat statement and confirm the Coforge shares credited after 3 June 2026.
Step 2: Search for COFORGE on the NSE or 532541 on the BSE in your trading app.
Step 3: Compare the Coforge price with the Cigniti share price target history only as background, since the swap resets the reference.
Step 4: Set price alerts on the Univest App and review the Coforge quarterly results instead of the Cigniti share price target.
Step 5: Consult a SEBI-registered advisor if you are unsure whether to hold or sell.
Conclusion
The Cigniti share price target is now a Coforge question, because Cigniti Technologies merged into Coforge on 5 May 2026 at a 1:1 swap. Former Cigniti holders own Coforge shares at Rs 1,852.50, a company with Q1 FY27 profit up 110 percent and a $2.23 billion order book.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on the Cigniti Share Price Target and Merger
What is the Cigniti share price target?
Ans. There is no live Cigniti share price target because Cigniti Technologies was dissolved into Coforge on 5 May 2026. Cigniti shareholders now hold Coforge shares, so the relevant target is the Coforge share price target.
Is Cigniti Technologies still listed on the stock exchanges?
Ans. No. The merger became effective on 5 May 2026 after the NCLT order was filed with the Registrar of Companies, and Cigniti stands dissolved without winding up. Quotes still shown on some screens are stale last prices with no volume, so no Cigniti share price target applies.
What is the Cigniti Coforge share swap ratio?
Ans. The ratio is 1 Coforge share of face value Rs 2 for every 1 Cigniti share of face value Rs 10. It was revised from 1:5 to 1:1 after Coforge’s stock split and is economically equivalent.
What is the Cigniti share price today?
Ans. Cigniti no longer trades, and the last price shown is Rs 1,260.30 with zero volume on 5 October 2026. Coforge, which holds the merged business, traded at Rs 1,852.50, and the old Cigniti share price target is obsolete.
What happened to my Cigniti shares after the merger?
Ans. Shares held on the record date of 16 May 2026 were cancelled and replaced with Coforge shares at the 1:1 ratio. Coforge allotted 1,26,71,602 shares to Cigniti holders on 3 June 2026, so the Cigniti share price target no longer matters.
What was the Coforge open offer price for Cigniti?
Ans. Coforge completed an open offer for Cigniti and acquired an additional 4.69 percent at Rs 1,415 per share, according to a report dated May 2026. Coforge had earlier acquired a controlling stake, which is background to the Cigniti share price target history.
How did Coforge perform in Q1 FY27?
Ans. Coforge reported Q1 FY27 revenue of Rs 5,527.7 crore, up 49 percent, net profit of Rs 518.6 crore, up 110 percent, and EBITDA margin of 20.3 percent. Order intake was $691 million and a Rs 4 interim dividend was declared, which is what to follow instead of a Cigniti share price target.
Should I hold or sell my Coforge shares received from the Cigniti merger?
Ans. That depends on your horizon and risk appetite, and Coforge trades at about 42 times earnings against an industry average near 17.5 times. Consult a SEBI-registered advisor before deciding, since the Cigniti share price target no longer guides the decision.
