Amagi Media Labs IPO: Price Band Set at ₹343 and ₹361 per share

Amagi Media Labs has announced the price band for its ₹1,788.62 crore Initial Public Offering (IPO), which is scheduled to open for subscription on January 13. The three-day issue will be priced between ₹343 and ₹361 per share.

The IPO is being managed by Kotak Mahindra Capital, Citigroup, Goldman Sachs, IIFL Capital, and Avendus Capital, with MUFG Intime India serving as the registrar.

• Subscription Period: January 13–16
• Allotment Date: January 19
• Listing Date: January 21

Amagi Media Labs IPO Details

The IPO includes a fresh issue of shares worth ₹816 crore and an Offer for Sale (OFS) component of ₹972.62 crore. Prominent selling shareholders include PI Opportunities Fund-I, Norwest Venture Partners X, and Accel Growth VI Holdings (Mauritius) Ltd., among others.

Retail investors can apply for one lot of 41 shares, requiring a minimum investment of ₹14,801, with additional bids allowed in multiples of 41 shares. Around 10% of the total issue has been reserved for retail participation.

• Small HNIs: Minimum bid lot of 574 shares, with an investment of ₹2,07,214.
• Big HNIs: Minimum lot size of 2,788 shares, requiring a minimum investment of ₹10 lakh
• Qualified Institutional Buyers (QIBs): 75% of the issue
• Non-Institutional Investors (HNIs): 15%
• Retail Investors: 10%

Use of IPO Proceeds

The company plans to utilise a portion of the net proceeds to fund inorganic growth through potential acquisitions and for general corporate purposes. Based on the upper end of the price band, the IPO is expected to give Amagi Media a post-issue market capitalisation of ₹7,809.84 crore.

Also Read: Bharat Coking Cal IPO: Key Things You Should Know Before Subscribing

About Amagi Media Labs

Founded in 2008 and headquartered in Bengaluru, Amagi Media Labs is recognised as a global leader in cloud-based broadcast and connected TV technology. The company offers comprehensive solutions for content creation, distribution, and monetisation across traditional TV and streaming platforms.

As of March 31, 2025, Amagi employed 884 full-time staff worldwide. Of these, 652 were in technology and engineering roles across hubs in Bengaluru, the US, Croatia, and Poland, while 181 employees focused on customer engagement, delivery, and support.