Amagi Media Labs IPO Subscribed 13% by Day 2 with Rs 805 Crore Anchor Investment

Amagi Media Labs Ltd, a Bengaluru-based cloud SaaS company for media streaming and monetisation, launched its IPO from January 13 to 16, 2026, with a price band of Rs 343-361 per share. The Rs 1,789 crore issue includes a fresh issue of Rs 816 crore and an offer-for-sale of Rs 973 crore. By Day 2, the IPO was subscribed around 13%, led by retail investors, with anchor investors contributing Rs 805 crore. Grey market premiums indicate cautious optimism amid market volatility. Proceeds will fund technology upgrades, acquisitions, and corporate expenses.