Overview
- Shares listed at Rs 317 on the BSE, about 12% below the Rs 361 issue price, and opened at Rs 318 on the NSE for an 11.9% discount.
- The IPO was subscribed about 30x overall, with QIBs ~33x, NIIs ~37–38x, and retail ~9.5–9.7x during the January 13–16 bookbuild.
- Grey market indications turned weak ahead of listing, with a reported GMP near minus Rs 1 signaling a flat to slightly discounted start.
- The Rs 1,789 crore offering comprised a Rs 816 crore fresh issue and an OFS of up to 2.69 crore shares, priced at Rs 343–361 per share with a lot size of 41.
- Amagi reported a net profit of about Rs 6.4–6.47 crore in H1 FY26 and serves many top global media companies, as the issue valued the firm near USD 869 million at the cap price.