Amagi Media Labs, a cloud-based SaaS company, has set the IPO price band at ₹343–₹361 per share for its ₹1,788 crore public offering.
The IPO will open for subscription on January 13 and close on January 16, while anchor investors can bid on January 12.
The issue is expected to value the company at over ₹7,800 crore.
Shares of Amagi are already trading at a ₹32 premium in the grey market, creating strong buzz among investors.
IPO Structure and Allotment
The IPO includes:
Fresh issue: ₹816 crore
Offer for sale (OFS): 27 million shares worth ₹972.6 crore
Total issue size: ₹1,788.6 crore
Share allotment is expected on January 19, with trading set to begin on the BSE and NSE from January 21. Allocation of the IPO is:
75% for qualified institutional buyers (QIBs)
15% for non-institutional investors (NIIs)
10% for retail investors
About Amagi Media Labs
Amagi Media Labs is a SaaS company that connects media companies with audiences using cloud-native technology.
It helps deliver and monetize video content across smart TVs, smartphones, and digital platforms.
The company works with over 45% of India’s top 50 listed media and entertainment companies, making it a key player in the industry.
Why This IPO Is Noteworthy
With backing from major investors like Premji Invest, Accel, and Norwest Venture Partners, the IPO has generated significant interest.
Its cloud-based model positions it well to benefit from the growing demand for digital content and streaming services in India.
Investors can expect Amagi Media Labs’ shares to be listed on the bourses on January 21, making it a hot IPO to watch this season.
