Overview
- The offer runs January 13–16 with a price band of Rs 343–361 for a total issue of about Rs 1,788.6 crore, including a fresh issue of roughly Rs 816 crore and an OFS of about Rs 972.6 crore.
- In the anchor allocation, 2.23 crore shares were placed at Rs 361 to raise about Rs 804–805 crore, with approximately 76% taken by domestic mutual funds and 6.7% by three life insurers.
- Proceeds are slated primarily for technology and cloud infrastructure investment of about Rs 550 crore, with additional funds for potential acquisitions and general corporate purposes.
- Amagi reported a profit of roughly Rs 6.4–6.5 crore in H1 FY26 on total income near Rs 705–734 crore after FY25 losses, underscoring its positioning in FAST and connected-TV monetisation.
- At the upper band the implied valuation is around Rs 7,966 crore, about 37% below its last private round, with QIB/NII/retail reservations at 75%/15%/10%, tentative allotment on Jan. 19 and listing on Jan. 21; grey-market indications cited ranged from about Rs 20 to Rs 37 and are unofficial.