Amagi Media Labs IPO Allotment Likely Today: How To Check Status Online on NSE, BSE, MUFG Intime

The initial public offering (IPO) of the cloud-based software-as-a-service (SaaS) media tech firm, Amagi Media Labs was subscribed an overall 30.22 times. The issue received 824 million bids against 27.26 million shares on offer.

The IPO, which was available for bidding from January 13-16, 2026, remained undersubscribed for the first two days. Demand came only on the final day of bidding, led by non-institutional investors (NIIs), who booked the issue 37.36 times. The qualified institutional buyer (QIB) category placed bids 33.77 times their reserved quota, while the retail investor portion saw 9.31 times subscription by the final day.

After a successful bidding, Amagi Media Labs IPO shares are expected to be allotted to successful bidders on January 19, and shares will be credited to their demat accounts on January 20. Unsuccessful bidders will also get their refund by January 20. The shares will be listed on the stock exchanges at 10:00 am on January 21.

Meanwhile, the grey market premium (GMP) of Amagi Media Labs shares in the unlisted arena showed muted prospects of listing gains. The cloud-based SaaS media-tech company offered its shares with a price band of Rs 343-361 per share in lot sizes of 41 shares. Retail investors were required to invest a minimum amount of Rs 14,801 per lot.

The IPO was a book-built issue of Rs 1,788.62 crore, including a combination of 22.60 million fresh equity shares worth Rs 816 crore, and an offer for sale (OFS) of 26.94 million shares worth Rs 973 crore.

Kotak Mahindra Capital, Citigroup Global Markets India, Goldman Sachs (India) Securities, IIFL Capital Services and Avendus Capital are the book-running lead managers to the issue. MUFG Intime India is acting as the registrar to the issue.

Amagi Media Labs IPO Objectives

Amagi Media Labs plans to channel the bulk of its IPO proceeds into scaling up its technology backbone. Of the Rs 816 crore raised through the fresh issue, the company intends to invest significantly in strengthening its tech capabilities and expanding its cloud infrastructure, as outlined in the red herring prospectus (RHP).

The company will also allocate a portion of the proceeds for inorganic growth opportunities, including potential acquisitions, while the remaining fund will be used for general corporate purposes.

Amagi Media Labs IPO Selling Shareholders

Selling shareholders include marquee investors, such as PI Opportunities Fund I and II, Norwest Venture Partners, Accel-linked entities, AVP I Fund, and Trudy Holdings. The company’s promoters Prem Gupta, Rahul Garg, Rajesh Ramaiah and Rajat Garg will also pare small parts of their holdings through the OFS.

Following the listing, the combined promoter stake in Amagi Media Labs is expected to decline to 14.14 per cent from the current 15.76 per cent.

Amagi Media Labs IPO GMP Today

Amagi Media Labs IPO's GMP stood at Rs 21 per share over the issue price. Its GMP has seen a tumultuous journey over the past few weeks. The IPO shares quoted a highest GMP of Rs 43 on January 8 and a lowest of Rs 18 on January 17.

Given the current GMP and the upper end of the price band, Amagi Media Labs IPO is expected to list at Rs 382 per share, representing a prospective listing gain of 5.82 per cent.

Amagi Media Labs IPO Allotment: How To Check Application Status

Applicants can check their allotment status on the official websites of NSE, BSE and the registrar of the issue.

How To Check Amagi Media Labs IPO Allotment On NSE

• Go to NSE’s official website

• Navigate to the “Invest” tab and click on the “Resources & Tools” section

• Navigate to “Check Trades/Bids” and click on “Verify IPO Bids”

• From the form that appears, click on “Equity & SME IPO Bid Details”

• Under the “Select Symbol” option, select “Amagi Media Labs”

• Enter either your Permanent Account Number (PAN) or application number

• Click on “Submit” to view the final allotment status on your screen

How To Check Amagi Media Labs IPO Allotment Status On BSE

• Go to the official website of BSE

• Click on the “Investors” section

• Navigate to the “Investor Services” tab and click on “Status of the Issue Application”

• On the next page, click on “Check Status”, or on the hyperlinked “Application Status Check” text at the lower end of the page

• In the form that appears, select issue type as “Equity”

• Under the “Issue Name”, select “Amagi Media Labs”

• Enter either your application number or Permanent Account Number (PAN)

• Complete the captcha by clicking on “I'm not a robot”

• Click on “Search” to view the final allotment status on your screen

How To Check Amagi Media Labs IPO Allotment Status Online Through Registrar

• Go to the official website of the IPO registrar

• On the home page, navigate to the “Investor Services” tab and click on “Public Issues”

• Select “Amagi Media Labs IPO” from the drop-down menu

• Enter either of the following details:

• PAN, Application number, Depository Participant ID/Client ID, Bank account number / IFSC code

• Click on “Submit”

• Your IPO allotment status will be displayed on the screen