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New Delhi: Amagi Media Labs is coming up with its IPO. The company provides software as a solution service to the broadcasters and video content creators. The company is eyeing capital of Rs 1020 crore through the issue, as per the data obtained from its draft red herring prospectus (DRHP). In this regard, the company has filed its paper with the market regulator SEBI, seeking its approval on Friday, 25 July 2025.
The public offer is set to be of a combination of fresh issue of shares worth Rs 1020 crore. Additionally, the component of OFS is also there. The company's promoters are offloading their shares. As per the DRHP, 3.41 crore shares are set to be offloaded by the existing shareholders.
As part of the OFS, investors- PI Opportunities Fund I, PI Opportunities Fund II, Norwest Venture Partners X, Mauritius, Accel India VI (Mauritius) Ltd, Accel Growth VI Holdings (Mauritius) Ltd, Trudy Holdings, AVP I Fund-- and certain individual shareholders will be offloading shares.
The Bengaluru-based company may raise another Rs 204 crores through a pre-IPO placement. If such a thing happens, the fresh issue will adjust with the pre-IPO placement amount.
The company is expected to utilize the fresh proceeds for future investments in technology and to enhance its cloud infrastructure. Additionally, a portion of the capital will be utilized for acquisition and for general corporate expenses.
The company, Media Amagi Labs, was founded in the year 2008. Amagi has got the backing of leading venture capital firms, including Accel, Avataar Ventures, Norwest Venture Partners, and Premji Invest. The company clientele includes more than 45 percent of the top 50 listed 'media and entertainment' companies by revenue.
Amagi is a SaaS firm that connects media companies to their audiences through cloud-native technology and helps content providers and distributors upload and deliver video over the internet (streaming) through smart televisions, smartphones, and applications. The company business is organised across three key divisions: cloud modernization, streaming unification, and monetization and marketplace.
The company has reported its financials for FY25. The company minted revenue worth Rs 1162 crore in the financial year of 2025. recording a Compound Annual Growth Rate (CAGR) of 31 percent from FY23 to FY25.
Amagi reported revenue from operations of Rs 1,162 crore in FY25, recording a compound annual growth rate of 31 percent from FY23 to FY25.
Kotak Mahindra Capital Company, Citigroup Global Markets India, Goldman Sachs (India) Securities Private Limited, IIFL Capital Services, and Avendus Capital are the book-running lead managers for the IPO.
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold and crypto assets.)
