Amagi Media Labs fixes price band for ₹1,788.62 crore IPO. Details here

Amagi Media Labs has fixed the price band for its ₹1,788.62 crore Initial Public Offering (IPO), which will open for subscription on January 13.

Price band for the three-day issue has been fixed between ₹343 to ₹361 per share.

Retail shareholders can bid for one lot of 41 shares with a minimum investment of ₹14,801, and in multiples of 41 thereafter. About 10% of the issue has been reserved for retail investors.

For Small HNIs, the minimum bid lot size will be 574 shares and will entail a minimum investment of ₹2,07,214, while for big HNIs, the minimum lot size is 2,788 shares and will entail a minimum investment of ₹10 lakh.

Amagi Media's IPO will comprise of a fresh issue of shares worth ₹816 crore, along with an Offer for Sale (OFS) component worth ₹972.62 crore.

Selling shareholders include PI Opportunities Fund-I, Norwest Venture Partners X, Accel Growth VI Holdings (Mauritius) Ltd., etc.

The company utilise a portion of the net proceeds towards funding inorganic growth through unidentified acquisitions and general corporate purpose.

Considering the upper end of the price band, the company intends to have a post issue market capitalisation of ₹7,809.84 crore.

75% of the issue has been reserved for Qualified Institutional Bidders, while the remaining 15% is for Non-Institutional Investors (HNIs).

Metric	FY23	FY24	FY25	H1 FY25	H1 FY26
Revenue (₹ Cr)	680.56	879.16	1,162.64	523.71	704.82
YoY Growth (%)		29.18%	32.24%		34.58%
Adj EBITDA (₹ Cr)	-140.34	-155.53	23.49	-18.66	58.23
EBITDA (%)	-20.62%	-17.69%	2.02%	-3.56%	8.26%
PAT (₹ Cr)	-321.27	-245	-68.71	-66.01	6.47

Amagi Media Labs is touted to be a global leader in cloud-based broadcast and connected TV technology. Founded in 2008 and headquartered in Bengaluru, Amagi provides end-to-end solutions for content creation, distribution, and monetisation across traditional TV and streaming platforms.

As of March 31, 2025, the company employed 884 full-time staff worldwide. Of these, 652 worked in technology and engineering at hubs in Bengaluru, the US, Croatia, and Poland.

Additionally, 181 employees were in customer-facing roles, emphasising our focus on engagement, delivery, and support.

Kotak Mahindra Capital, Citigroup, Goldman Sachs, IIFL Capital, Avendus Capital are the book running lead managers, and MUFG Intime India is the registrar of the issue.

The issue will close for subscription on January 16. Allotment of shares will take place on January 19, while the stock will begin trading on January 21.