Updated on 21.01.2026|11:16
Amagi Media Labs Limited (AMLB), a Bengaluru-based provider of cloud-native SaaS technology for broadcast operations, has announced its Initial Public Offering (IPO).
The subscription will open on January 13, 2026 and close on January 16, 2026, with a price band of ₹343 to ₹361 per share. You can track all the upcoming and live IPOs at our IPO calendar which is updated regularly.
The company aims to raise approximately ₹1,788.62 Crores through a combination of a Fresh Issue and an Offer for Sale (OFS). Amagi facilitates the entire lifecycle of broadcast operations—from content creation to distribution and monetisation—entirely on the cloud.
In this article, you will find Amagi Media Labs IPO GMP today, allotment date, price band, and a detailed review. For subscription and allotment status of this and all other IPOs, you can track our IPO subscription status hub page and IPO allotment status hub page which are updated regularly.
Briefs of Amagi Media Labs IPO Details:
- Price Band: ₹343 – ₹361 per equity share
- IPO Open / Close Dates: January 13, 2026 – January 16, 2026
- Lot Size: 41 Shares (Minimum Investment: ₹14,801)
- Issue Size: 4,95,46,221 Shares / ~₹1,789 Crores
- Fresh Issue: ~₹816 Crores
- Offer for Sale (OFS): ~₹973 Crores
- Registrar: MUFG Intime India Pvt. Ltd.
- Listing Exchange: BSE, NSE
MUFG is registrar of the issue, here is the detailed guide on how to check allotment status at MUFG Intime, refund, credit of share, and other details of investors' interest.
What Is The Amagi Media Labs IPO GMP Today?
You can check the GMP of this and other issues at our GMP hub page which is updated regularly.
Note: The Grey Market Premium (GMP) is an unofficial indicator of market sentiment and changes daily based on demand. It is not endorsed by SEBI or the stock exchanges. Investors should not rely solely on GMP for investment decisions.
Listing Updates
| Type | Issue Price | Open | Gain/loss |
| Lisiting | 361 | 318 | -11.9 |
What Are The Important Amagi Media Labs IPO Dates & Allotment Schedule?
For investors planning their capital allocation, here is the critical timeline for the issue:
- IPO Open Date: Tuesday, January 13, 2026
- IPO Close Date: Friday, January 16, 2026
- Basis of Allotment Date: Monday, January 19, 2026
- Refund Initiation Date: Tuesday, January 20, 2026
- Credit of Shares: Tuesday, January 20, 2026
- Listing Date: Wednesday, January 21, 2026
What Are The Objectives of Amagi Media Labs IPO?
The company proposes to utilize the Net Proceeds from the Fresh Issue towards the following strategic objectives:
- Technology Investment: A significant portion (approx. ₹667 Crores) is earmarked for investment in cloud infrastructure and technology development to maintain its competitive edge in the SaaS space.
- General Corporate Purposes: To fund strategic initiatives, partnerships, and other corporate exigencies.
How is The Financial Performance of Amagi Media Labs?
The following table summarizes the financial performance of the company based on restated consolidated financial statements.
(Figures in ₹ Crores)
Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
Total Income | 1,223.31 | 942.24 | 724.72 |
Profit After Tax | (68.71) | (245.00) | (321.27) |
EBITDA | (29.85) | (215.31) | (302.65) |
Total Borrowing | Nil | Nil | Nil |
Assets | 1,425.00 | 1,308.08 | 1,405.96 |
Source: RHP
Financial Analysis & Observations:
Total Income:
The company reported a Total Income of ₹1,223.31 Crores in FY 2025, reflecting a robust growth of nearly 30% over the previous fiscal. This growth is driven by the global adoption of Free Ad-supported Streaming TV (FAST) and the acquisition of 67 new enterprise customers.
Profit After Tax (PAT):
While the company reported a net loss of ₹68.71 Crores in FY 2025, this represents a significant reduction from the ₹321.27 Crore loss in FY 2023. The narrowing loss indicates that Amagi is achieving operating leverage, where revenue growth is outpacing the increase in fixed costs.
EBITDA:
A key indicator is the narrowing of EBITDA, which reduced the loss to ₹29.85 Crores in FY 2025 compared to a bigger loss in the previous year.
Total Borrowing:
Amagi maintains a zero-debt balance sheet as of May 31, 2025. This debt-free status is a significant strength for a high-growth technology company, providing financial flexibility without the burden of interest payments.
Assets:
The total asset base expanded to ₹1,425.00 Crores in FY 2025, supported by substantial liquidity (cash and bank balances). This strong asset position provides a buffer for future strategic acquisitions and technology investments.
What is the P/E ratio and peer comparison?
Since Amagi Media Labs reported a restated loss for the financial year ended March 31, 2025, the company has a negative Earnings Per Share (EPS).
Consequently, the Price-to-Earnings (P/E) ratio cannot be calculated, as this valuation metric requires positive earnings to be meaningful.
Furthermore, per the Dtaft Red Herring Prospectus (DRHP), there are no listed companies in India or abroad that are directly comparable to Amagi Media Labs in terms of its specific cloud-native business model and scale of operations. Therefore, a strictly industry-benchmarked peer comparison is not available.
What is the industry outlook?
Growth Potential:
The global shift from cable TV to Connected TV (CTV) and streaming platforms is a massive tailwind. The FAST (Free Ad-supported Streaming TV) market, where Amagi is a leader, is projected to grow exponentially as advertisers follow viewers to digital platforms.
Market Trends:
Broadcasters are increasingly moving away from hardware-heavy infrastructure to flexible cloud-based solutions to reduce costs and launch channels faster. Amagi's "glass-to-glass" cloud stack positions it perfectly to capture this transition.
What Are The Strengths and Risks of Amagi Media Labs IPO?
Strengths:
- Market Leadership: Amagi is a pioneer in cloud-native broadcast technology, serving top-tier clients like NBCUniversal and ABS-CBN.
- Innovation: Being the first Indian company to win a Technology & Engineering Emmy® Award validates its technological superiority.
- Recurring Revenue: A high Net Revenue Retention (NRR) of ~127% indicates that existing customers are spending more on the platform year-over-year.
Risks:
- Profitability: The company has a history of restated losses. While losses are narrowing, the timeline to net profitability remains a key monitorable.
- Client Concentration: The top 10 customers contribute over 33% of revenue. Loss of a major account could impact financials.
- Geographic Risk: With over 72% of revenue coming from the Americas, the company is sensitive to economic conditions in the US market.
Key Considerations for Investors
This analysis is neutral and for informational purposes only.
- Valuation: Investors are paying for future growth rather than current earnings. The valuation will likely be benchmarked against global SaaS multiples rather than traditional media companies.
- Tech Exposure: This IPO offers a rare opportunity to invest in a global deep-tech SaaS product company from India.
- Risk Appetite: Given the loss-making status, this investment is suited for investors with a higher risk tolerance and a long-term horizon who believe in the structural shift of the media industry.
Key Takeaways
- IPO Price: ₹361 per share (Upper Band).
- Min Investment: ₹14,801 (41 Shares).
- Allotment Date: January 19, 2026
- Listing: BSE & NSE on January 21, 2026.
FAQs on Amagi Media Labs IPO
What is Amagi Media Labs IPO GMP today?
Track gmp of this and other issues at our hub page of gmp, which is updated regularly.
Note: The GMP is a dynamic market sentiment indicator. Please check trusted financial news portals or our dedicated GMP section for the latest updates.
What is Amagi Media Labs IPO price band?
The price band has been fixed at ₹343 to ₹361 per equity share.
What is Amagi Media Labs IPO allotment date?
The allotment of shares is expected to be finalized on Monday, January 19, 2026.
How to check Amagi Media Labs IPO allotment status?
The allotment status can be checked on the website of MUFG Intime India Pvt. Ltd. or via the BSE/NSE IPO allotment portals.
What is Amagi Media Labs IPO listing date?
The shares are tentatively scheduled to list on the stock exchanges on Wednesday, January 21, 2026.
Investment Perspective on Amagi Media Labs IPO
Amagi Media Labs presents a high-growth investment case in the global media-tech space. While the financials show a clear path to profitability with a reducing loss on a yearly basis in EBITDA, the current net loss status and high dependence on the US market are risks that investors must weigh against the company's market leadership and technological moat.
Disclaimer:
This article is strictly for educational purposes. Please consult a SEBI-registered investment advisor before making any investment decisions.
