Amagi Media Labs IPO Sees Moderate Subscription and Slight Rise in Grey Market Premium

Amagi Media Labs' IPO, priced between ₹343-361 per share with a total issue size of ₹1,788.6 crore, has seen modest investor interest, with a 13% subscription rate by the second day. The IPO closes on January 19, with listing expected on January 21. Grey market premiums have shown slight increases, ranging from ₹31 to ₹43, indicating moderate investor optimism. The company plans to use funds for technology upgrades and growth initiatives.