Amagi Media Labs IPO Closes with Mixed Subscription Reports and 7% Grey Market Premium

Amagi Media Labs' IPO, valued at Rs 1,789 crore, closed after a three-day subscription period ending January 16, 2026. The issue saw mixed investor response, with overall subscription around 13 times according to some sources, while others reported over 30 times, reflecting differing data points. Retail investors showed stronger participation compared to institutional buyers. The IPO price band was Rs 343-361, with grey market premiums indicating a potential listing gain of about 7%. Proceeds will support technology upgrades, acquisitions, and corporate expenses. The listing is expected on January 21, 2026.