Amagi Media Labs IPO

Listed

MainboardOpens 13 January 2026Closes 16 January 2026

Amagi Media Labs Ltd., established in 2008, is a global leader in cloud-based SaaS technology for broadcast and connected TV (CTV). The company provides a 'glass-to-glass' solution enabling content owners and…

Live GMP Subscription Allotment

Price band

₹343 - ₹361

Issue size

₹1,788.62 Cr

Lot size

41 shares

Type

Mainboard

GMP

₹3 (+0.8%)

Est. listing

₹364

Est. profit / app

₹123

Retail quota

10.00%

Key ratios

As per RHP / filings

Face value

₹5

EPS

0.6

P/E ratio

603.54

RoNW

-13.49%

ROE

-13.49%

Timeline

IPO Opens
13 Jan 2026
IPO Closes
16 Jan 2026
Allotment
19 Jan 2026
Listing
21 Jan 2026

IPO Opens

13 Jan

IPO Closes

16 Jan

Allotment

19 Jan

Listing

21 Jan

IPO Timeline & Listing Details

Event	Date	Details
IPO Open Date	13 January 2026	Subscription starts
IPO Close Date	16 January 2026	Subscription ends
Allotment Date	19 January 2026	Allotment
Listing Date	21 January 2026	Listing

Investment Categories

Category	Lots	Amount
Retail (Min)	1	₹14,801
Retail (Max)Just less than ₹2,00,000	13	₹1,92,413
SHNI (Min)Just above ₹2,00,000	14	₹2,07,214
SHNI (Max)Below ₹10,00,000	67	₹9,91,667
BHNIAbove ₹10,00,000	68	₹10,06,468

IPO Reservation Details

Category	Reservation
QIB (Qualified Institutional Buyer)	75.00%
NII (Non-Institutional Investor)	15.00%
SHNI (Small Non-Institutional Investor)	5.00%
BHNI (Big Non-Institutional Investor)	10.00%
Retail	10.00%
Total	100.00%

IPO Objectives

Investment in technology and cloud infrastructure to support platform scalability (₹550.06 Cr).
Funding inorganic growth through potential unidentified acquisitions.
General corporate purposes.

Strengths

The company has achieved a significant Financial Turnaround, reporting a positive PAT of ₹6.47 Cr in H1 FY26, signaling a shift from historical losses to profitability.
It holds a Market Leadership in FAST, serving as a global leader in cloud playout and monetization for the rapidly expanding Free Ad-supported Streaming TV segment.
The business leverages Proprietary AI Tech via an award-winning 'glass-to-glass' SaaS platform that significantly reduces hardware costs for media companies while scaling operations.
It maintains a Blue-Chip Global Clientele, trusted by major networks like NBCUniversal and Fox, with 45% of the top 50 Indian media firms as customers.
The company is a Zero Debt entity with a strong net worth of ₹859 Cr (as of Sept 2025), providing high financial stability and flexibility.
It benefits from Strong Network Effects, where its marketplace model connects content owners and advertisers, creating a competitive moat through increased platform usage.

Weaknesses

The IPO carries an Extremely High Valuation, with a post-issue P/E of approximately 603x based on annualized H1 FY26 profits, leaving no room for earnings disappointment.
The company has a Historical Loss Record, with heavy net losses from FY23 to FY25; long-term margin stability and sustainable profitability are yet to be fully proven.
There is a massive Cloud Dependency, with a contractual commitment to spend ₹2,330 Cr on third-party infrastructure (AWS/Google) over the next six years.
The business faces High Geographic Concentration, as a significant portion of revenue is tied to the U.S. and European markets, making it vulnerable to global economic shifts.
The Low Retail Allocation (10%) may result in extreme oversubscription, significantly reducing the chances of allotment for individual retail investors.

Financial Performance

Period Ended	30 Sep 2025 (H1)	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets (₹ Cr.)	1,352.16	1,425	1,308.08	1,405.96
Revenue (₹ Cr.)	733.93	1,223.31	942.24	724.72
PAT (₹ Cr.)	6.47	-68.71	-245	-321.27
Net Worth (₹ Cr.)	859.34	509.45	496.8	644.49

Peer Comparison

Company	P/B Ratio	P/E Ratio	RONW (%)	Net Worth (₹ Cr.)

Subscription Details

Daily Bids Status

Category	Day 1	Day 2	Day 3
QIB	0x	0.03x	33.13x
NII	0.04x	0.08x	38.26x
S-HNI	0.07x	0.13x	26.29x
B-HNI	0.03x	0.06x	44.24x
RII	0.3x	0.52x	9.54x
Total	0.07x	0.13x	30.24x

Overall Subscription Statistics

Category	Shares Offered	Shares Bid	Bid Amount (₹ Cr)
QIB	1,48,63,867	49,24,23,817	17,776.5
NII	74,31,933	28,43,34,303	10,264.47
Small NII	24,77,311	6,51,32,887	2,351.3
Big NII	49,54,622	21,92,01,416	7,913.17
RII	49,54,622	4,72,53,074	1,705.84
Total	2,72,50,422	82,40,11,194	29,746.8

Company Details

Amagi Media Labs Ltd.
Raj Alkaa Park, Survey No. 29/3 and 32/2, 4th floor, Kalena Agrahara Village, Begur Hobli, Bengaluru, Karnataka, 560076
080-46634406
compliance@amagi.com
https://www.amagi.com/

Registrar Details

MUFG Intime India Pvt.Ltd.
+91-22-4918 6270
amagimedia.ipo@in.mpms.mufg.com
https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Frequently Asked Questions

What does Amagi Media Labs do?

Amagi is a cloud-native SaaS company that provides media companies with the infrastructure to stream and monetize video content on Smart TVs and digital platforms (OTT/FAST) without needing traditional hardware.

When does the Amagi Media Labs IPO open and close?

The IPO opens for public subscription on January 13, 2026, and closes on January 16, 2026.

What is the IPO price band and minimum retail investment?

The price band is fixed at ₹343 to ₹361 per share. A retail investor needs to apply for a minimum of 41 shares, requiring an investment of ₹14,801.

Is Amagi Media Labs a profitable company?

While the company reported losses in previous years, it achieved a major milestone by turning profitable in H1 FY26 (₹6.47 Cr PAT) and achieving a positive EBITDA margin of 8.26%.

What is the current Grey Market Premium (GMP) for Amagi IPO?

As of January 8, 2026, the GMP is approximately ₹32-₹55, indicating a potential listing price of around ₹393 to ₹416 (~9% to 15% listing gain).

What are the biggest risks of investing in the Amagi IPO?

The primary risks include the very high valuation (P/E of 603x), heavy reliance on third-party cloud vendors (AWS), and its historically loss-making track record prior to FY26.

Amagi Media Labs IPO News & Updates

Follow the latest updates for Amagi Media Labs IPO, including grey market moves and allotment news.

Amagi Media Labs IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Amagi Media Labs IPO Details

Issue size, price, financials, and company info

Amagi Media Labs IPO GMP

Live grey market premium and listing estimate

Amagi Media Labs IPO Subscription

QIB, NII, Retail, SHNI and BHNI subscription

Amagi Media Labs IPO Allotment

Allotment date, chances, and check by PAN

Amagi Media Labs IPO Review

SWOT, strengths, risks, and IPO review

Amagi Media Labs IPO FAQ

Common questions on dates, GMP, and allotment

Amagi Media Labs IPO Registrar

Registrar website and how to check allotment

Amagi Media Labs IPO Timeline

Open, close, allotment, and listing dates

Amagi Media Labs IPO News

Updates, blogs, and latest IPO news

Sources

We match Amagi Media Labs IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

SEBIRules for IPO allotment and disclosures in India
NSEExchange notices, bidding data, and listing updates
BSEExchange notices and IPO allotment check tools
RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
MUFG Intime India Pvt.Ltd.Official site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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