amagi media labs ipo gmp – market

Amagi Media Labs IPO: What is the issue size?

Amagi Media Labs’ IPO comprises a fresh issue of ₹816 crore, while there will also be an offer for sale (OFS) of 2.7 crore shares by existing shareholders, valuing it at ₹972.6 crore at the upper price band. Thus the total issue size will be ₹1,788.6 crore.

Of the total issue size, 75% has been reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors and the remaining 10% for retail investors. Amagi Media Labs shares will be listed in the stock market on January 21.

According to the information received from the gray market, till January 13, the gray market premium of Amagi Media Labs’ IPO is around Rs 20. If we compare this with the upper price band of Rs 361, then the listing of the share can be around Rs 381. This means that if the company’s IPO is listed at this price, then investors can make a profit of more than 5 percent on the listing.

What will the company do with the IPO money?

The ₹550 crore raised from the fresh issue will be used to strengthen Amagi’s technology and cloud infrastructure, drive inorganic growth through acquisitions and towards general corporate expenses. These funds will be spent in phases, including ₹82 crore in FY26, ₹359 crore in FY27 and ₹108 crore in FY28.

Amagi Media Labs IPO: What does the company do?

Amagi Media Labs is a cloud-based software-as-a-service (SaaS) company that helps media companies stream and monetize digital video content. Founded in 2008, Amagi is backed by marquee investors like Accel, Avataar Ventures, Norwest Venture Partners and Premji Invest. The company works with over 45% of India’s top-50 listed media and entertainment companies by revenue.

This SaaS company connects media companies with audiences through cloud-native technology and enables the delivery and monetization of video content across smart TVs, smartphones and digital platforms. Its operations are divided into three main segments, namely cloud modernization, streaming unification and monetization and marketplace.

Amagi Media Labs IPO: How is the balance sheet of the company?

Amagi reported operational revenue of ₹1,162 crore in FY25, showing a CAGR of 31% between FY23 to FY25. This growth was due to the addition of new customers and increased usage of the platform by existing customers. For the six months ended September 30, 2025, the company reported a profit of ₹6.4 crore on revenue of ₹704.8 crore.

Raised ₹805 crore before IPO

Amagi Media Labs said it has raised around ₹805 crore from anchor investors. These anchor investors include SBI Mutual Fund, ICICI Prudential Mutual Fund and HDFC Mutual Fund. This fundraising comes a day before the opening of the company’s initial public offering (IPO) worth about ₹1,789 crore.

According to a circular uploaded on the BSE website, the company has allotted 2,22,95,799 equity shares to 42 anchor investors at a price of ₹361 per share. This price is the upper level of the IPO price band. Thus the total size of the anchor book was around ₹805 crore. Domestic and foreign funds as well as long-only insurance companies participated in the anchor round. Of these, the share of SBI MF, ICICI Prudential MF and HDFC MF was about 25% of the total anchor allotment.

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.