Bengaluru, January 17, 2026: The initial public offering of Amagi Media Labs has concluded, with bidding ending on Friday, January 16, 2026. The ₹1,788.6 crore issue closed with a strong overall subscription of 30.22 times, driven by an aggressive final-day push from qualified institutional buyers and high-net-worth investors, even as the grey market premium (GMP) moderated to ₹26.
The IPO was offered in a price band of ₹343 to ₹361 per share.
Final Price-wise Cumulative Bid Position
As per exchange data at 6:59 PM on January 16, demand was heavily skewed toward the upper end of the price band, while cut-off bids formed a meaningful portion of retail participation.| Bid Price (₹) | Cumulative Quantity |
|---|---|
| 343.00 | 82,42,16,727 |
| 346.00 | 82,40,37,393 |
| 349.00 | 82,40,31,735 |
| 352.00 | 82,39,94,589 |
| 355.00 | 82,39,88,767 |
| 358.00 | 82,39,77,779 |
| 360.00 | 82,39,64,085 |
| 361.00 | 82,39,34,360 |
| Cut-off | 3,82,20,036 |
Category-wise Subscription at Close
A sharp surge in institutional bidding on the final day significantly lifted overall demand, taking all investor categories into deep oversubscription.| Category | Shares Reserved | Shares Bid For | Subscription (Times) |
|---|---|---|---|
| Qualified Institutional Buyers (QIBs) | 1,45,83,482 | 49,24,23,817 | 33.77 |
| Non-Institutional Investors (NIIs) | 76,09,864 | 28,43,34,877 | 37.36 |
| Retail Individual Investors (RIIs) | 50,73,243 | 4,72,53,566 | 9.31 |
| Total | 2,72,66,589 | 82,40,12,260 | 30.22 |
GMP Trend After Issue Closure
In the unofficial grey market, the GMP for Amagi Media Labs stands at ₹26 as of January 17, marginally lower than earlier peak levels. At this GMP, the indicative listing price is around ₹387 per share, implying a potential premium of about 7.2 percent over the upper issue price of ₹361.Important Note on GMP
The GMP figures are only indicative of unofficial grey market activity and are shared strictly for news and informational purposes. We do not trade or deal in the grey market, do not participate in sub2 or sauda rates, and do not recommend investment or trading decisions based on GMP data. Grey market premiums are speculative and can change rapidly.What Lies Ahead
With the IPO now closed, the next milestones are allotment and listing, with Amagi Media Labs scheduled to debut on the stock exchanges on January 21, 2026. Market participants will closely track allotment outcomes and early listing-day action following the strong institutional participation seen on the final day.About the Company
Amagi Media Labs Limited is a Bengaluru-based, cloud-native SaaS company that enables media owners to distribute and monetise video content across connected TVs, smartphones, and digital platforms. Founded in 2008, the company serves a large base of global and Indian media firms and is backed by marquee institutional investors.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.