- Price Band fixed at ₹ 343 per equity share of face value ₹5 each to ₹ 361 per equity share of the face value of ₹5 each (“Equity Shares”) of Amagi Media Labs Limited (the “Company”)
- Anchor Investor Bidding Date – Monday, January 12, 2026
- Bid /Offer Opening Date – Tuesday, January 13, 2026, and Bid/ Offer Closing Date – Friday, January 16, 2026
- Bids can be made for a minimum of 41 Equity Shares of face value ₹5 and in multiples of 41 Equity Shares of face value ₹5 thereafter
NE BUSINESS BUREAU
AHMEDABAD, JAN 10
Bengaluru-headquartered cloud video technology firm Amagi Media Labs Limited, which is backed by investors like Premji Invest, Accel, and Norwest Venture, proposes to open an initial public offering of its equity shares of face value of ₹5 each on Tuesday, January 13, 2026. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Monday, January 12, 2026. The Bid/ Offer Closing Date is Friday, January 16, 2026. The company intends to raise ₹ 1,789 crore,
The Price Band of the Offer has been fixed from ₹ 343 per Equity Share of face value ₹5 each to ₹ 361 per Equity Share of face value ₹5 each. Bids can be made for a minimum of 41 Equity Shares of face value ₹5 each and multiples of 41 Equity Shares of face value ₹5 each thereafter.
The Initial Public Offering comprises a Fresh Issue of Equity Shares aggregating up to ₹ 816 crore and an Offer for Sale of up to 26,942,343 Equity Shares by the Selling Shareholders.
The Offer for Sale includes up to 9,889,646 Equity Shares by PI Opportunities Fund I, up to 5,072,582 Equity Shares by Accel India VI (Mauritius) Ltd, up to 5,072,582 Equity Shares by Trudy Holdings, up to 3,411,792 Equity Shares by PI Opportunities Fund II, up to 3,381,721 Equity Shares by Norwest Venture Partners X – Mauritius, (collectively the “Investor Selling Shareholders”); up to 60,000 Equity Shares by Rahul Garg, up to 22,725 Equity Shares by Rajat Garg, up to 18,495 Equity Shares by Kollengode Ramanathan Lakshminarayana, up to 10,000 Equity Shares by Prem Gupta and up to 2,800 Equity Shares by Rajesh Ramaiah.
Of the total offer, 75% is reserved for qualified institutional buyers, 15% for non-institutional investors, and 10% for retail participants.
The company proposes to utilise ₹550 crore from the net fresh issue for expenses towards technology and cloud infrastructure. The remaining funds will be used for inorganic growth through unidentified acquisitions and general corporate purposes.
Founded in 2008, Amagi Media Labs is engaged in cloud-based broadcast and connected TV technology. Its platform helps content providers and distributors upload and deliver video over the internet (commonly known as streaming) through smart televisions, smartphones and applications. It also helps monetise such content through targeted advertising services for advertisers.
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 the focus on engagement, delivery, and support.
The Equity Shares of the Company are proposed to be listed on BSE Limited and the National Stock Exchange of India Limited
Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, Goldman Sachs (India) Securities Private Limited, IIFL Capital Services Limited, and Avendus Capital Private Limited are the Book Running Lead Managers to the Offer.
