highlights
- The IPO of Amagi Media Labs got listed in the stock market today.
- Amagi Media Labs’ shares are listed in the market at a discount of about 12.19 percent.
- Shares of Amagi Media Labs are listed on BSE at the level of Rs 317.
The IPO of Amagi Media Labs got listed in the stock market today. Amid market fluctuations, IPO has caused huge losses to investors on listing. It has been listed in the stock market at a discount of about 12 percent. The price band of the IPO was fixed at Rs 343 to Rs 361 per share.
Full size of IPO Rs 1,788.6 crore
The IPO of this Bengaluru-based company is in two parts. This includes a fresh issue of Rs 816 crore, while an offer for sale (OFS) of 2.7 crore shares has also been made by existing shareholders, valuing it at Rs 972.6 crore at the upper price band. Thus the total IPO size is Rs 1,788.6 crore.
Amagi Media Labs IPO: IPO subscribed more than 30 times
The IPO of cloud-based SaaS company Amagi Media Labs Ltd has received an overwhelming response from investors. This IPO was subscribed 30.22 times till the last day of bidding on Friday. Amagi helps media companies stream and monetize digital video content.
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According to NSE data, bids were received for 82,40,12,260 shares against the offer of 2,72,66,589 shares in the IPO. It is clear that investors’ confidence in this issue was very strong.
Tremendous subscription in all categories
The portion earmarked for non-institutional investors (NII) was subscribed 37.36 times. At the same time, 33.77 times subscription was received in the Qualified Institutional Buyers (QIB) category. The share of retail investors was also subscribed 9.31 times.
Raised Rs 805 crore from anchor investors
Amagi Media Labs said on Monday that the company has raised about Rs 805 crore from anchor investors, which has further strengthened the confidence in the market regarding the IPO.
How will the money received from IPO be used?
The company will use Rs 550 crore of the money received from the fresh issue to strengthen its technology and cloud infrastructure. Apart from this, this amount will also be used to expand the business through acquisitions and meet general corporate needs.
Funds will be spent in different years
The company will spend this money in a phased manner. It is planned to spend Rs 82 crore in FY 2026, Rs 359 crore in FY 2027 and Rs 108 crore in FY 2028.
strong investor support
Launched in 2008, Amagi is backed by many big and renowned investors. These include big names like Accel, Avataar Ventures, Norwest Venture Partners and Premji Invest.
What does Amagi do?
Amagi is a SaaS company that connects media companies with audiences through cloud technology. It helps in delivering and monetizing video content on smart TVs, mobile phones and other digital platforms. The company’s business is divided into three main segments — cloud modernization, streaming unification and monetization and marketplace.
Work with big media companies
Amagi works with more than 45 percent of India’s top-50 listed media and entertainment companies. This clearly shows the company’s strong hold in the market.
Lead Managers of IPO
The book-running lead managers of this IPO are Kotak Mahindra Capital, Citigroup Global Markets India, Goldman Sachs (India) Securities, IIFL Capital Services and Avendus Capital.
Company became profitable before IPO
In recent times, there has been a significant improvement in the profitability of Amagi. The company became profitable in the six months ending September 2025. Earlier in FY 2025, the company was profitable at EBITDA level. Amagi reported a net profit of Rs 6.4 crore in the first half of FY26, compared to a loss of Rs 66 crore in the same period last year. During this period, the operating income of the company increased to Rs 704.8 crore, which was Rs 523.7 crore a year ago.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.
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