Bengaluru-based SaaS company Amagi Media Labs is coming up with its IPO. Backed by big investors like Premji Invest, Accel and Norwest Venture, this company is going to enter the stock market on Tuesday, January 13, 2026. Amagi Media’s IPO will close on January 16, 2026. Bidding for anchor investors will take place on January 12. The allotment of shares is likely to take place on January 19 and the company’s shares may be listed on NSE and BSE on January 21. The price band of IPO has been fixed at Rs 343 to Rs 361 per share. The company will raise Rs 816 crore through the fresh issue, while existing shareholders will sell shares worth about Rs 972.62 crore under Offer for Sale (OFS). The total size of this IPO at the upper price band will be around Rs 1,788.62 crore.
what are the details
There will be 41 shares in one lot, which means the retail investor will have to invest at least Rs 14,801. The registrar to the issue is MUFG Intime India, while Kotak Mahindra Capital, Citigroup, Goldman Sachs, IIFL and Avendus Capital are the lead managers. The company will spend a major part of the fresh issue proceeds on technology and cloud infrastructure, while the remaining amount will be used for acquisitions and general corporate needs.
Gray market boom
There seems to be a good environment in the gray market regarding IPO. The gray market premium is around 12 percent. The company’s shares are trading at ₹43 in the gray market. According to the red herring prospectus, at least 75 per cent of the issue has been reserved for Qualified Institutional Buyers (QIBs), up to 10 per cent for retail investors and up to 15 per cent for Non-Institutional Investors (NIIs). Amagi was started in the year 2008 and this company works in the field of cloud based broadcast and connected TV technology. Its platform helps content creators and distributors stream videos through smart TVs, mobile phones and apps, while also providing a way to monetize content through targeted ads.