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Amagi Media Labs Ltd

Listed

Amagi Media Labs Ltd. is engaged in cloud-based broadcast and connected TV technology.

Issue details

Price band

₹343 – ₹361

Face value

₹5

Lot size

41 shares

Minimum investment

₹14,801

Issue size

₹1788.62 Cr

Fresh issue

₹816.00 Cr

Offer for sale

₹972.62 Cr

Issue type

Book Built

Exchange

BSE, NSE

Key dates

Opens

13 Jan 2026

Closes

16 Jan 2026

UPI mandate cut-off

5:00 PM on 16 Jan 2026

Allotment

19 Jan 2026

Refunds

20 Jan 2026

Shares in demat

20 Jan 2026

Listing

21 Jan 2026

Subscription and listing

Subscription

17.08x

Listing price

₹318

Registrar

MUFG Intime India Pvt Ltd

Lead manager

Kotak Mahindra Capital Co., Citigroup Global Markets India, Goldman Sachs (India) Securities, IIFL Capital Services, Avendus Capital

Subscription by category

Total

17.08x

Total applications

11,56,476

Anchor investors

Amount raised

₹804.88 Cr

Bid date

12 Jan 2026

50% lock-in ends

17 Feb 2026

Rest lock-in ends

18 Apr 2026

Listing day

Issue price

₹361

Open

₹318.00

High

₹356.95

Low

₹318.00

Day close

₹348.25

Listing gain at open

-11.91%

Issue structure

Shares reserved per category and share of the total issue

QIB Shares Offered

3,71,59,666

75.00%

Anchor Investor Shares Offered

2,22,95,799

45.00%

QIB (Ex. Anchor) Shares Offered

1,48,63,867

30.00%

NII Shares Offered

74,31,933

15.00%

bNII > ₹10L

49,54,622

10.00%

sNII < ₹10L

24,77,311

5.00%

Retail Shares Offered

49,54,622

10.00%

Total Shares Offered

4,95,46,221

100.00%

Finaccle’s quick read

Avoid

FY25 income up 30%, loss in FY25, post-issue P/E 603.54x.

A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.

About the company

Amagi Media Labs Ltd. is engaged in cloud-based broadcast and connected TV technology. Founded in 2008 and headquartered in Bengaluru, India, Amagi provides end-to-end solutions for content creation, distribution, and monetisation across traditional TV and streaming platforms. The company enables broadcasters, content owners, and streaming platforms to launch, manage, and monetise live linear channels on Free Ad-supported Streaming TV (FAST) platforms such as Pluto TV, Samsung TV Plus, Roku Channel, and others. Amagi's suite of products includes cloud playout, content scheduling, ad insertion, and data analytics tools.

Founded

2008

2008

Promoters

Baskar Subramanian, Srividhya Srinivasan, Arunachalam Srinivasan Karapattu. .etc-Rkldbsnpfiv5viur9flb:not(.show) table tbody > tr:nth-child(n + 6) { display: none; }

Baskar Subramanian, Srividhya Srinivasan, Arunachalam Srinivasan Karapattu. .etc-Rkldbsnpfiv5viur9flb:not(.show) table tbody > tr:nth-child(n + 6) { display: none; }

Promoter holding

15.76% pre-issue; 14.14% post-issue

15.76% pre-issue; 14.14% post-issue

Financial performance

Restated figures in ₹ crore, latest period first

₹ crore, latest first. Full table on desktop.

Period

Total income

Income

EBITDA

PAT

Net worth

Borrowings

Debt

Assets

Sep 2025

Sep 2025

733.93

733.93

58.23

6.47

6.47

859.34

0.00

0.00

1,352.16

FY25

FY25

1,223.31

1,223.31

23.49

-68.71

-68.71

509.45

0.00

0.00

1,425.00

FY24

FY24

942.24

942.24

-155.53

-245.00

-245.00

496.80

0.00

0.00

1,308.08

FY23

FY23

724.72

724.72

-140.34

-321.27

-321.27

644.49

0.00

0.00

1,405.96

ROE

—

ROCE

—

Debt / equity

—

PAT margin

0.88%

P/E post issue

603.54

Market cap

₹7,809.84 Cr

Use of IPO money

Investment in technology and cloud infrastructure

₹550.06 Cr

Funding inorganic growth through unidentified acquisitions and general corporate purposes

₹222.39 Cr

Issue Expenses

₹95.36 Cr

Strengths

✓

Revenue up 30% in FY25 to ₹1,223.31 Cr

Risks to watch

!

Loss-making in FY25

!

Thin PAT margin of 0.88%

!

Rich valuation: post-issue P/E of 603.54x

!

54% of issue is an offer for sale; company gets less fresh money

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Last updated:

Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.