Amagi Media Labs, a cloud-based SaaS company, announced its Initial Public Offering (IPO) of Rs 1,788-1,789 crore, set to open on January 13 and close on January 16. The price band is fixed at Rs 343-361 per share, valuing the company at over Rs 7,800 crore. The IPO includes a fresh issue of Rs 816 crore and an offer for sale (OFS) by existing shareholders. Proceeds from the fresh issue will fund technology expansion, acquisitions, and general corporate expenses. The company, backed by investors like Premji Invest and Accel, works with major media and entertainment firms.