Overview
- The offer drew 30.22 times overall bids, with NIIs at 37.36x, QIBs at 33.77x, and retail at 9.31x, according to NSE data.
- The Rs 1,788.6 crore issue is priced at Rs 343–361 per share, combining a Rs 816 crore fresh issue with an OFS of about Rs 972.6 crore.
- Proceeds from the fresh issue will fund technology and cloud infrastructure, inorganic growth, and general corporate purposes, with phased outlays planned through FY28.
- Amagi provides cloud-based broadcast and connected-TV technology for FAST and streaming platforms and reported a return to profit in H1 FY26.
- Grey-market indications suggested modest listing gains of roughly 7–9% as broker views ranged from long-term subscribe to neutral at about 6.4–6.7x FY25 sales.