Summary of this article
Amagi Media Labs IPO is available for subscription from Jan 13 to Jan 16
Amagi Media Labs IPO’s shares are boasting a GMP of Rs 37 per share over the issue price
The Rs 1,788.62-crore IPO consists of a fresh issue of Rs 816 crore and an offer for sale of Rs 972.62 crore
Ahead of the opening of Amagi Media Labs’ initial public offering (IPO), the grey market premium (GMP) of the company’s unlisted shares is signalling potential double-digit gains on listing.
Investors can bid for the Rs 1,788.62-crore Amagi Media Labs IPO between January 13 (10:00 AM) and January 16 (5:00 PM). The public issue comprises a fresh issue of 22.60 million shares worth Rs 816 crore and an offer for sale of 26.94 million shares aggregating to Rs 972.62 crore.
The company has fixed the price band between Rs 343 and Rs 361 per share. Retail investors can bid for a minimum of 41 shares, requiring a minimum investment of Rs 14,801 per lot.
Amagi Media Labs is a Bengaluru-based media technology firm that provides cloud-based tools to help broadcasters and content owners launch, manage and monetise channels across traditional television and connected TV platforms. Founded in 2008, the company focuses on advertising-led monetisation for TV and streaming services.
Promoter holding is set to dip marginally to 14.14 per cent after the issue from 15.76 per cent before the IPO. At the upper end of the price band, Amagi Media Labs is valued at a market capitalisation of Rs 7,809.84 crore. The promoters are Baskar Subramanian, Srividhya Srinivasan, and Arunachalam Srinivasan Karapattu.
Post the allotment, successful applicants will get the shares credited into their demat accounts on January 20, and the refunds for unsuccessful applications will be initiated on the same day.
Amagi Media IPO Objectives
Amagi Media Labs plans to use the net proceeds from the issue primarily for strengthening its technology and cloud infrastructure. For this, the company will allocate an estimated Rs 550.06 crore, as stated in the red herring prospectus (RHP). The remaining funds will be used to support inorganic growth through potential acquisitions and for general corporate purposes.
Amagi Media Labs IPO GMP Today
According to multiple websites tracking grey market activities, Amagi Media Labs' IPO’s GMP stood at Rs 37 per share over the issue price.
Given the current GMP and the upper end of the issue price, Rs 361, Amagi Media Labs IPO’s shares are expected to list at Rs 398 per share. This represents a potential listing gain of 10.25 per cent.
Grey's market trading is unofficial, unregulated, and often driven by speculation. It is worth noting that GMP is not a reliable indicator of how an IPO will perform on listing.
Amagi Media Labs: Financial Performance
For the half-year ended September 30, 2025 (H1FY26), Amagi Media Labs reported a total income of Rs 733.93 crore, an Ebitda of Rs 58.23 crore and a profit after tax (PAT) of Rs 6.47 crore.
For the full year FY25, the media-tech company posted total income of Rs 1,223.31 crore, up from Rs 942.24 crore in FY24 and Rs 724.72 crore in FY23. Despite the revenue growth, Amagi remained loss-making, reporting a net loss of Rs 68.71 crore in FY25, as against a loss of Rs 245 crore in FY24 and Rs 321.27 crore in FY23.
Ebitda turned positive in FY25 at Rs 23.49 crore, a sharp improvement from a negative Ebitda of Rs 155.53 crore in FY24 and a negative Rs 140.34 crore in FY23.
At the end of H1FY26, Amagi Media Labs reported a net worth of Rs 859.34 crore and remained a net debt-free company.
