The initial public offer (IPO) of Amagi Media Labs received bids for 82,40,12,260 shares as against 2,72,66,589 shares on offer. The issue was subscribed 30.22 times.
The Qualified Institutional Buyers (QIB) category was subscribed 33.77 times, the Non-Institutional Investors category was subscribed 37.36 times, and the Retail Individual Investors category was subscribed 9.31 times.
The issue opened for a bidding on Tuesday (13 January 2026) and it closed on Friday (16 January 2026). The price band of the IPO was fixed between Rs 343 and 361 per share.
The IPO consists of a fresh issue of Rs 816.0 crore and offer for sale of 2,69,42,343 equity shares. At the upper end price, the issue size stands at Rs 1788.62 crore.
The offer for sale (OFS) by PI Opportunities Fund-I includes up to 98,89,646 shares at the upper price band of Rs 361 per share, aggregating Rs 357.02 crore. Accel India VI (Mauritius) and Trudy Holdings are each offering up to 50,72,582 shares at the same price, amounting to Rs 183.12 crore apiece.
In addition, PI Opportunities Fund-II is proposing to sell up to 3,411,792 shares at Rs 361 per share, valued at Rs 123.17 crore. Norwest Venture Partners plans to offload up to 3,381,721 shares worth Rs 122.08 crore, while multiple individual investors will collectively offer up to 228,024 shares, aggregating Rs 8.03 crore.
Amagi Media Labs proposes to utilise Rs 550.06 crore from the net fresh issue proceeds towards technology and cloud infrastructure and the balance will be utilised towards funding inorganic growth through unidentified acquisitions and for general corporate purposes.
Ahead of the IPO, Amagi Media Labs on 12 January 2026, the company raised Rs 804.87 crore from anchor investors, by allotting 2.22 crore shares at Rs 361 each to 42 anchor investors.
Amagi Media Labs (Amagi) is a software-as-a-service (SaaS) company that connects media companies to their audiences through cloud-native technology. Its platform helps content providers and distributors upload and deliver video over the internet (commonly known as streaming) through smart televisions, smartphones and applications, instead of traditional cable or set-top box services. It also helps monetize such content through targeted advertising services for advertisers.
The company enables broadcaster, content owner, and streaming platform to launch, manage, and monetise live linear channels on Free Ad-supported Streaming TV (FAST) platforms such as Pluto TV, Samsung TV Plus, Roku Channel, and others. The company’s customers include global media companies such as Vevo, Lionsgate Studios, DAZN, E.W. Scripps, Sinclair, Inc., VIZIO, Roku, The Trade Desk, JioAds and the Tennis Channel.
For the six month ended 30 September 2025, the firm recorded a consolidated net profit of Rs 6.47 crore and income from operations of Rs 704.82 crore.