Sign In
By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.
By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.
Kolkata: The Rs 1,788.62-crore Amagi Media Labs IPO could manage to attract only 13% subscription till the end of the second day of bidding on Jan 14. The issue was subscribed 0.13 times overall -- 0.52 times in the retail category, 0.03 times in QIB (Ex Anchor), and 0.08 times in the NII category. The QIB or Qualified Institutional Buyer category is important because this category consists of banks and mutual funds which have deep pockets to invest and the skills and wherewithal to analyse an issue threadbare.
The IPO is designed to raise Rs 1,788.62-crore through a combination of fresh shares of 2.26 crore aggregating to Rs 816.00 crore and an OFS of 2.69 crore shares aggregating to Rs 972.62 crores.
Amagi Media Labs operates in the domain of cloud-based broadcast and related TV technology. The skills of the Bengaluru-headquartered company lie in offering end-to-end solutions for content creation, distribution, and monetisation across traditional TV and streaming platforms. According to analysts the risks include high dependence on digital advertising cycle and rising competition from global ad-tech platforms. Changes in data privacy and regulatory changes in related fields and advertising policies could also pose a degree of risk.
According to investorgain, Amagi Media Labs IPO GMP stood at Rs 29 in early morning of Jan 15, the day of closure of the bidding process. Considering the issue price as Rs 361, the estimated listing price of Amagi Media Labs shares is Rs 390 which signals a listing gain of 8.03%. The GMP has been ruling at this level since Dec 12. However, it must be kept in mind that GMP is a highly volatile element and it is also an unofficial gauge which cannot guarantee listing gain (or loss).
Amagi Media Labs IPO price band is Rs 343-361. The smallest lot that a retail investor can apply for is 41 for which he/she has to pay an application amount is Rs 14,801 which is based on the upper price of the shares. The minimum lot size investment for sNII category of investors is 14 lots and the minimum lot for bNII investors is 68 lots. Kotak Mahindra Capital is the book running lead manager while MUFG Intime India is the registrar of the issue.
Bid closes: Jan 16
Allotment: Jan 19
Refund: Jan 20
Credit of shares: Jan 20
Listing: Jan 21, 2026
Assets: 1,352.16 (Sept 30, 2025); 1,425.00 (Mar 31 2025; 1,308.08 (Mar 31, 2024); 1,405.96 (Mar 31, 2023)
Total Income: 733.93; 1,223.31; 942.24; 724.72
PAT: 6.47; -68.71; -245.00; -321.27
EBITDA: 58.23; 23.49; -155.53; -140.34
(All figures in Rs crore)
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, precious metals, commodity, REITs, InvITs and any form of alternative investment instruments and crypto assets.)
