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Home / Business and Economy / Amagi Media Labs IPO: Allotment Today Amidst High Demand

Amagi Media Labs IPO: Allotment Today Amidst High Demand

19 Jan

•

Summary

  • Amagi Media Labs IPO allotment is expected tonight, January 19.
  • The Rs 1,789-crore IPO saw over 30 times subscription.
  • Shares will list on NSE and BSE on January 21.
Amagi Media Labs IPO: Allotment Today Amidst High Demand

The share allotment for Amagi Media Labs' Rs 1,789-crore Initial Public Offering is expected to be finalized this evening, January 19. The IPO garnered significant investor interest, with subscriptions reportedly exceeding 30 times the offered amount, indicating strong market confidence in the cloud-based software-as-a-service company.

Amagi Media Labs, a provider of solutions for media firms to stream and monetize digital video content, opened its IPO for subscription between January 13 and January 16, with a price band of Rs 343-361 per share. Prior to its public opening, the company successfully raised Rs 805 crore from anchor investors.

Investors can verify their Amagi Media Labs IPO allotment status through the official website of the registrar, MUFG Intime India Pvt Ltd, or on the BSE and NSE websites. The shares are slated for listing on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on January 21.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
The Amagi Media Labs IPO share allotment is expected to be finalized tonight, January 19.
You can check your Amagi Media Labs IPO allotment status on the registrar's website (MUFG Intime India) or the BSE and NSE websites.
Amagi Media Labs shares are expected to be listed on both NSE and BSE on January 21.

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