Amagi Media Labs IPO: Rs 1,789 crore issue opens on January 13; co sets the price range at Rs 343-361 per share

Amagi Media Labs IPO: Rs 1,789 crore issue opens on January 13; co sets the price range at Rs 343-361 per share

2 minutes, 5 seconds Read

Software-as-a-service (SaaS) company Amagi Media Labs has set the price range for its initial public offering (IPO) at Rs 343-361 per share. The Rs 1,789 crore issue will open for public bidding on Tuesday, January 13 and close on Friday, January 16.The window for bids by anchor investors opens on Monday, January 12.

About the Amagi Media Labs IPO

The IPO is a mix of a fresh issue of shares aggregating Rs 816 crore and an Offer for Sale (OFS) of up to 26,942,343 shares by the selling shareholders.Bids can be made for a minimum of 41 ordinary shares and thereafter in multiples of 41.

Amagi submitted its draft papers to Sebi in July 2025 and received its comments on November 18.

Amagi Media Labs Ipo Gmp

The company’s shares had a gray market premium (GMP) of Rs 34 per share. The estimated listing price is Rs 395, which is a gain of over 9% over the IPO price.

About the company

Amagi Media Labs is a cloud-based SaaS company that helps media companies stream and monetize digital video content. The Bengaluru-headquartered company connects media companies to their audiences through cloud-native technology and helps content providers and distributors upload and deliver video over the internet (streaming) through smart televisions, smartphones and applications.

The company was founded in 2008 by promoters Baskar Subramanian, Managing Director & CEO, Srividhya Srinivasan, Chief Technology Officer and Arunachalam Srinivasan Karapattu, President Global Business. Amagi is backed by leading venture capital firms including Accel, Avataar Ventures, Norwest Venture Partners and Premji Invest.

It partners with more than 45% of the 50 largest publicly traded media and entertainment companies by revenue

Amagi Media Labs sells shareholders

As part of the OFS, the selling shareholders – PI Opportunities Fund I, PI Opportunities Fund II, Norwest Venture Partners

The Amagi Media Labs IPO continues

Amagi suggests using Rs. 667 crore of the net proceeds from the new issue will go towards investments in technology and cloud infrastructure, and the remaining amount towards financing inorganic growth through unidentified acquisitions and general corporate purposes.

Financial data

Amagi reported revenue from operations of Rs 1,162 crore in FY25, with a compound annual growth rate of 30.70% between FY2023 and FY2025, driven by new customer acquisition and increased usage of the platform by existing customers.

Amagi Media Labs IPO Lead Managers


Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, Goldman Sachs (India) Securities Private Limited, IIFL Capital Services Limited and Avendus Capital Private Limited are the BRLMs for the issue.

The company’s shares are proposed to be listed on BSE and NSE.

#Amagi #Media #Labs #IPO #crore #issue #opens #January #sets #price #range #share

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *