Amagi Media Labs Ltd IPO Details
| Detail | Description |
|---|---|
| IPO Date | 13 to 16 Jan, 2026 |
| Listing Date | Wed, Jan 21, 2026 |
| Face Value | ₹ 5 per share |
| Issue Price Band | ₹ 343 to ₹ 361 |
| Lot Size | 41 Shares |
| Sale Type | Fresh Capital & OFS |
| Total Issue Size | 4,95,46,221 shares (agg. up to ₹ 1,789 Cr) |
| Fresh Issue(Ex Market Maker) | 2,26,03,878 shares (agg. up to ₹ 816 Cr) |
| Offer for Sale | 2,69,42,343 shares of ₹5 (agg. up to ₹ 973 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 19,37,35,066 shares |
| Share Holding Post Issue | 21,63,38,944 shares |
About Amagi Media Labs Ltd IPO
The Amagi Media Labs IPO is a book-built mainboard issue of 4,95,46,221 equity shares aggregating up to ₹1,789 crores, comprising a fresh issue of 2,26,03,878 shares (₹816 crores) and an offer-for-sale (OFS) of 2,69,42,343 shares (₹973 crores). The price band is ₹343 to ₹361 per share (face value ₹5), with the IPO opening on January 13, 2026 and closing on January 16, 2026; allotment is expected on January 19, 2026 and tentative listing on BSE and NSE on January 21, 2026. The lot size is 41 shares (minimum retail bid ₹14,801 at upper band), with sNII minimum 14 lots (574 shares, ₹2,07,214) and bNII 68 lots (2,788 shares, ₹10,06,468).
Kotak Mahindra Capital Co. Ltd., Citigroup Global Markets India, Goldman Sachs (India) Securities, IIFL Capital Services and Avendus Capital are the book-running lead managers, with MUFG Intime India Pvt. Ltd. as registrar.
Company Background
Amagi Media Labs Ltd is a Bengaluru-headquartered cloud-based SaaS company founded in 2008, providing end-to-end solutions for content creation, distribution and monetisation in broadcast and connected TV ecosystems. It enables broadcasters, content owners and streaming platforms to launch, manage and monetise live linear channels on FAST (Free Ad-supported Streaming TV) platforms like Pluto TV, Samsung TV Plus and Roku Channel.
The company serves over 700 content brands, deploys 2,000+ channels across 100+ countries, and employs 884 full-time staff as of March 31, 2025 (652 in technology/engineering across Bengaluru, US, Croatia and Poland). Backed by investors like Premji Invest, Accel and Norwest Venture Partners, Amagi leverages AWS cloud services for scalable video solutions.
Operations & Product Range
Facility & Production
Amagi operates through global tech hubs in Bengaluru (India), the US, Croatia and Poland, focusing on cloud-native SaaS platforms rather than physical manufacturing. Its technology stack supports cloud playout, content scheduling, ad insertion, data analytics and zero-slate insertion for broadcasters transitioning to IP-based workflows.
Customer-facing teams (181 staff) handle engagement and support, enabling 24/7 operations for live channel management across time zones.
Brands & Market Presence
Key offerings include cloud playout for FAST channels, content preparation tools and monetisation via targeted ads, serving clients in the US, Europe and Asia. Amagi's platform reduces infrastructure costs for media companies while boosting scalability and revenue, with strong adoption among global broadcasters and streamers.
Amagi Media Labs IPO Revenue Channels
Revenue primarily derives from SaaS subscriptions for cloud playout, distribution and monetisation services, with a focus on recurring annual contracts from broadcasters and content providers. H1 FY2026 total income was ₹733.93 crore, reflecting robust demand in streaming amid cord-cutting trends.
FY2025 saw total income of ₹1,223.31 crore (up 30% YoY from ₹942.24 crore), though the company reported losses with PAT at -₹68.71 crore (improved from -₹245 crore previous year). Exports and international revenue dominate, given the global client base.
Management & Shareholding
Promoters & Shareholding
Pre-issue shareholding is 19,37,35,066 shares, expanding to 21,63,38,944 post-issue; promoter holding dilutes from 15.76% to 14.14%. Promoters include Baskar Subramanian (MD & CEO), Srividhya Srinivasan (CTO) and Arunachalam Srinivasan Karapattu (President – Global Business), with OFS by existing investors like Norwest, Accel and Premji Invest.
Board Members
The board features founders with deep SaaS and media tech expertise, plus independent directors ensuring governance as the company scales globally.
Amagi Media Labs IPO Objectives
Fresh issue proceeds (net) will fund:
- • Investment in technology and cloud infrastructure (₹550.06 crore) to enhance platform capabilities and scalability.
- • Inorganic growth through unidentified acquisitions and general corporate purposes (balance).
OFS provides liquidity to selling shareholders.
Conclusion
Amagi Media Labs IPO marks a high-profile SaaS entry into mainboard listings, capitalising on global FAST and streaming growth despite recent losses turning positive in H1 FY26. With marquee backers, 75% QIB allocation and continued tech investments, it appeals to growth-oriented investors betting on cloud media disruption.
Amagi Media Labs Ltd IPO Financial Information
Latest Revenue
733.93
₹ Crore
Profit After Tax
6.47
₹ Crore
Net Worth
859.34
₹ Crore
Total Borrowing
0
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing | |||
|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2025 | 1,352.16 | 733.93 | 6.47 | 859.34 | -25.57 | 0 | |||
| 31 Mar 2025 | 1,425.00 | 1,223.31 | -68.71 | 509 | 227.73 | 0 | |||
| 31 Mar 2024 | 1,308.08 | 942.24 | -245 | 496.8 | -379.4 | 0 | |||
| 31 Mar 2023 | 1,405.96 | 724.72 | -321.27 | 644.49 | -372.68 | 0 | |||
| Amount in ₹ Crore | |||||||||
Amagi Media Labs Ltd Key Performance Indicator
| KPI | Values |
|---|---|
| RoNW | -13.49% |
| PAT Margin | -5.62% |
| EBITDA Margin | 2.02% |
| Price to Book Value | 14.1 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | -3.55 | 0.60 |
| P/E (x) | -101.78 | 603.54 |
Frequently Asked Questions
Recommended Advisory Services
Ready to take your company public? Explore our specialized IPO advisory services tailored for Indian enterprises.
The India IPO Publication is managed by an editorial team that includes highly experienced finance journalists, market researchers and professionals from the capital markets industry who strive to create high-quality content based on credible sources. Our editors write about IPOs, capital markets, corporate news, capital-raising strategies, regulations and other business matters to ensure our audience stays updated with the latest information. We conduct detailed research and fact-check all information before publishing any content to ensure credibility.
Competitive Strengths
Download regulatory filings
Amagi Media Labs Ltd IPO Timeline
| IPO Open Date | Tuesday, Jan 13, 2026 |
| IPO Close Date | Friday, Jan 16, 2026 |
| Tentative Allotment | Monday, Jan 19, 2026 |
| Initiation of Refunds | Tuesday, Jan 20, 2026 |
| Credit of Shares to Demat | Tuesday, Jan 20, 2026 |
| Tentative Listing Date | Wednesday, Jan 21, 2026 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | 41 | ₹14,801 |
| Individual investors (Retail) (Max) | 13 | 533 | ₹1,92,413 |
| S-HNI (Min) | 14 | 574 | ₹2,07,214 |
| S-HNI (Max) | 67 | 2,747 | ₹9,91,667 |
| B-HNI (Min) | 68 | 2,788 | ₹10,06,468 |