IPO calendar: Amagi Media Labs will headline six issues opening to subscriptions next week

The primary market is set for a busy week, with six subscription IPOs scheduled between January 12 and 16, led by Amagi Media Labs, the only motherboard IPO scheduled during this period. The other five numbers concern SME listings. Apart from the new IPOs, five listings will be on investors’ radar, including that of Bharat Coking Coal, whose public offer received a strong response on the first day.Bharat Coking Coal’s IPO saw eight subscriptions on Day 1, driven by strong interest from both institutional and non-institutional investors. The gray market premium for the company stands at around 39% over the issue price of Rs 23, indicating a steady buzz around the listing.

Amagi Media Labs IPO

The spotlight will be on Amagi Media Labs, which opens its IPO worth Rs 1,789 crore on Tuesday, January 13 and closes on Friday, January 16. The cloud-based ad tech and media technology company has set a price range of Rs 343 to Rs 361 per share and plans to list on both the BSE and NSE. The latest gray market premium for Amagi Media Labs is around Rs 37, implying a listing price of 10% premium above the offer price. The issue includes a fresh equity issue of Rs 816 crore and an offer for sale worth Rs 972.6 crore by existing shareholders.

Founded in 2008 and headquartered in Bengaluru, Amagi operates in the fast-growing connected TV and FAST (Free Ad-Supported Streaming TV) segment. The company provides end-to-end solutions for content owners and broadcasters, including cloud playout, ad insertion, monetization and analytics.

With operations in the US, Europe and Asia, Amagi serves more than 700 content brands and supports more than 2,000 channel implementations worldwide. Proceeds from the IPO will largely be used for technology investments, cloud infrastructure and inorganic growth opportunities.

SME segment

In addition to Amagi, five SME IPOs will also hit the market next week. Narmadesh Brass Industries and Avana Electrosystems will open for the first time on Monday, January 12. Narmadesh Brass has set a fixed price of Rs 515 per share for its BSE SME issue, while Avana Electrosystems has a price band of Rs 56 to Rs 59 and will list on NSE SME.On Tuesday, January 13, two more SME issues, GRE Renew Enertech and Indo SMC, will be open for bidding. GRE Renew Enertech has set a price range of Rs 100 to Rs 105, while Indo SMC has set a range of Rs 141 to Rs 149 per share. Both issues will be concluded by the end of this week.

The last issue of the week, Armor Security India, opens on Wednesday, January 14, with a price range of Rs 55 to Rs 57, and closes on January 19. The company will list on NSE SME.

While SME IPO activity remains strong, investor attention is likely to remain focused on Amagi Media Labs due to its scale and global business model. Subscription trends and listing performance next week will also provide important clues to risk appetite amid continued market volatility.

With multiple offerings across segments, investors are expected to be selective and weigh company quality, valuations and long-term growth visibility before investing capital.

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