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Amagi Media Labs IPO off to a slow start, booked just 6% on first day. Check latest GMP and other details

Amagi Media Labs IPO Day 1: The initial public offering (IPO) of Amagi Media Labs opened for bidding for the first day on Tuesday, January 13, to a tepid response from investors. Amage Media Labs IPO subscription status was 6% at the end of Day 1, with the retail portion subscribed the most so far at 28%. The non-institutional investor (NII) quota received 4% bids, while the qualified institutional buyer (QIB) segment was not subscribed yet.

Amagi Media Labs IPO off to a slow start, booked just 6% on first day. Check latest GMP and other details

Credit: Livemint

Key Highlights

  • Amagi Media Labs is looking to raise ₹1,788 crore via the maiden share sale that will close on January 16.
  • The IPO is priced in the range of ₹343–361 per share.
  • At the upper end of the price band, the company is valued at over ₹7,800 crore.
  • The issue comprises a fresh equity issuance of ₹816 crore and an offer for sale (OFS) of 2.7 crore shares valued at ₹972.6 crore at the upper price band.
  • PI Opportunities Fund I and II, Norwest Venture Partners X–Mauritius, Accel India VI (Mauritius) Ltd, Trudy Holdings, and certain individual shareholders will be offloading the stake via OFS.
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Sources

  1. Amagi Media Labs IPO off to a slow start, booked just 6% on first day. Check latest GMP and other details

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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