Amagi Media Labs IPO to Open on January 13: Price Band, Lot Size and Key Details

Amagi Media Labs, a global leader in cloud and connected TV technology, is set to launch its ₹1,788.62 crore IPO. The issue will open for subscription on January 13 and close on January 16. Here’s everything investors need to know.

Amagi Media Labs IPO: Subscription Dates Announced

Amagi Media Labs is gearing up to launch its ₹1,788.62 crore IPO.
The IPO will open for subscription on January 13 and close on January 16.

The company has finalized the price band, and if you are planning to apply, it’s important to understand all the key details about the IPO and the company.

Price Band and Lot Size

• The IPO price band has been fixed at ₹343 to ₹361 per share.

• Retail investors can apply for one lot of 41 shares, requiring a minimum investment of ₹14,801.

• About 10% of the issue is reserved for retail investors.

• Small HNI investors must bid for at least 574 shares, requiring a minimum investment of ₹2,07,214.

• Large HNI investors will need to apply for 2,788 shares, amounting to roughly ₹10 lakh.

• Of the total IPO:

  • 75% is reserved for Qualified Institutional Buyers (QIBs)

  • 15% for Non-Institutional Investors (HNIs)

  • The remaining portion for retail investors

Combination of Fresh Issue and OFS

The Amagi IPO is a mix of fresh equity issuance and Offer for Sale (OFS).

• Fresh Issue: ₹816 crore

• Offer for Sale: ₹972.62 crore

Under the OFS, investors including PI Opportunities Fund-I, Norwest Venture Partners X, and Accel Growth VI Holdings will sell part of their stake.

Where Will the Funds Be Used?

A part of the IPO proceeds will be used for acquisitions, while the remaining amount will go toward general corporate purposes.

At the upper end of the price band, Amagi Media Labs’ post-issue market capitalization is estimated at around ₹7,809.84 crore.

Who Is Managing the IPO?

The book-running lead managers for the IPO are:

• Kotak Mahindra Capital

• Citigroup

• Goldman Sachs

• IIFL Capital

• Avendus Capital

The registrar to the issue is MUFG Intime India.

Amagi IPO Timeline

• Allotment Date: January 19

• Listing Date: January 21

Amagi Company Overview

Founded in 2008 and headquartered in Bengaluru, Amagi Media Labs provides end-to-end cloud-based broadcast and connected TV solutions.

The company works across TV and OTT platforms, supporting content creation, distribution, and monetization for both traditional broadcasters and streaming services.

As of March 31, 2025, Amagi employed 884 full-time staff globally —

• 652 employees in technology and engineering across Bengaluru, the US, Croatia, and Poland

• 181 employees in customer-facing roles focused on client engagement and support