Amagi Media Labs IPO Final Day: Subscription closes today! Apply or avoid?

Amagi IPO: The initial public offering (IPO) of Amagi Media Labs stepped into the last day of its public bidding on Friday, January 16, 2025, with the issue subscribed over 1.58 times of the public offer so far, according to the provisional exchange data. The Rs 1,788.62 crore issue is a mix of a fresh issue and offer for sale (OFS) of shares.

Amagi Media Labs IPO subscription status

As of 11:36 am, investors have bid for nearly 4.31 crore shares against the total shares on offer. The subscription includes bids of 1.84 crore, 1.78 crore, and 68.61 lakh shares from institutional buyers, investors, and the retail category, respectively.

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Specifically, QIB, NII and RII quotas have booked 1.26, 2.35 and 1.35 times the net offer, respectively.

Amagi Media Labs IPO details

Amagi Media Labs' public offer is a book-building issue of Rs 1,788.62 crore, consisting of a fresh issue of 2.26 crore shares (Rs 816 crore) and an offer-for-sale (OFS) of 2.69 crore shares (Rs 972.62 crore).

According to the company's RHP, Kotak Mahindra Capital Co Ltd is the book-running lead manager, while MUFG Intime India Pvt Ltd is the registrar of the issue.

The IPO has reserved 75 per cent, 15 per cent and 10 per cent of the net offer for the QIB, NII and retail investor categories, respectively.

Price band: Rs 343 to Rs 361 per equity share, resulting in a market valuation of approximately Rs 7,810 crore, at the upper end of the price band.

Subscription date: January 13 to January 16, 2026

Lot size: 41 shares

Minimum investment for retailers: Rs 14,801, based on the upper end of the price band

Allotment date: January 19, 2026

Listing date: January 21, 2026

Amagi Media Labs IPO anchor investment details

The company said it has raised Rs 804.88 crore from anchor investors ahead of the issue on January 12, 2026.

Use of the IPO proceeds

Amagi plans to utilise the IPO proceeds for investment in technology and cloud infrastructure, funding inorganic growth through unidentified acquisitions and general corporate purposes.

What should investors do: Apply or avoid?

Earlier, Market expert Anil Singhvi, Managing Editor at Zee Business, while sharing his insights on Amagi Media Labs' business profile, advised risk-taking investors to consider the IPO from a long-term perspective, while also reminding them to be mindful of the market volatility associated with IPOs.

Amagi Media Labs company profile

Amagi Media Labs, established in 2008, provides the infrastructure for streaming and monetisation of digital video content through a cloud-based software as a service (SaaS) model for media companies. It is the firm that makes the digital and physical media alike connected to the viewers and users who are scattered around smart TVs, mobile phones, and digital platforms.

The company's activities are classified into three divisions: cloud modernisation, streaming unification, and monetisation and marketplace. The media and the entertainment industry giants in India, accounting for over 45 per cent of the top 50 listed companies by revenue, work with this company.

In FY25, Amagi's revenue from operations was Rs 1,162 crore. Between FY23 and FY25, the company achieved a 31 per cent compound annual growth rate. It made a profit of Rs 6.4 crore on sales of Rs 704.8 crore for the half-yearly period ending September 30, 2025.