Amagi Media Labs IPO Opens Tomorrow for Subscription: All You Need to Know

Subscriptions for the INR 1,789 crore Amagi Media Labs IPO are set to open tomorrow, January 13, 2026. IPO shares are currently trading at a premium of INR 37, or almost 10% more than the issue price of INR 361, on the grey market, an illegal market where shares are exchanged prior to formal listing. This suggests a high level of interest from investors prior to the IPO.

Subscriptions for the Amagi Media Labs IPO will be accepted from January 13 to January 16, 2026. Investors may apply for shares between INR 343 and INR 361 per share during this time. The IPO has a total issue amount of INR 1,788.62 crore, which is split into two halves. The INR 816 crore that was recently issued will be used directly by the company to support its ambitions for expansion and business success.

An offer for sale (OFS), in which current shareholders sell a portion of their holdings to investors, is the remaining INR 972.62 crore. The distribution of shares to investors, known as the allotment, is anticipated to be completed by January 19, 2026. The shares will then be listed on the BSE and NSE, with a tentative listing date of January 21, 2026.

How Amagi Media Labs Plans to Utilise Proceeds?

Amagi Media Labs intends to invest INR 550.06 crore in cloud infrastructure and technology. The remaining money will be utilised for regular business needs and to promote inorganic development through unidentified acquisitions.

In terms of earnings, the business reported INR 1,223 crore in FY25, up over 30% from INR 942 crore in FY24. The company just earned a profit in the first half of FY26, reporting a net profit of INR 6.47 crore, after narrowing its losses in FY25 compared to the prior year. The issue's registrar is MUFG Intime India Pvt. Ltd., while the book running lead manager is Kotak Mahindra Capital Co. Ltd.

Amagi Media Labs’ IPO Performance at GMP

The grey market premium (GMP) for the Amagi Media Labs initial public offering (IPO) is INR 37 on an issue price of INR 361 per share as of January 12, 2026. The GMP represents the unofficial demand for the shares prior to their listing on stock exchanges and frequently provides a preview of the IPO's potential performance on the day of listing. The IPO's anticipated listing price, based on the mood of the market, is approximately INR 398 per share.

Amagi Media Labs Ltd specialised in linked TV and cloud-based broadcasting technologies. The business, which was established in 2008 and has its headquarters in Bengaluru, India, provides end-to-end solutions for the production, distribution, and monetisation of content for both traditional TV and streaming platforms.

On Free Ad-supported Streaming TV (FAST) platforms like Pluto TV, Samsung TV Plus, Roku Channel, and more, Amagi enables broadcasters, content creators, and streaming services to start, run, and profit from live linear channels. Cloud playout, content scheduling, ad insertion, and data analytics capabilities are all included in its product suite.