The initial public offering (IPO) of Amagi Media Labs was oversubscribed 30.22 times on the…
Amagi Media Labs IPO Allotment Today: How to check status on MUFG Intime, BSE, NSE
Amagi Media Labs IPO Allotment Status Check Online: The initial public offering of Amagi Media Labs has moved to the allotment stage after seeing strong investor demand last week. The IPO allotment is scheduled for today, January 19.
Investors can check the Amagi Media Labs IPO allotment status on the BSE, NSE and the registrar’s website.
Strong subscription across categories
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The Amagi Media Labs IPO was subscribed 30.22 times on the final day of bidding. The non-institutional investors’ portion was subscribed 37.36 times, while the qualified institutional buyers’ segment saw 33.77 times subscription. The retail investors’ category was subscribed 9.31 times.
The strong response reflects continued investor interest in technology-led and SaaS-focused companies.
IPO size and price band
The IPO was priced in the range of Rs 343 to Rs 361 per share. At the upper end of the price band, the Bengaluru-based company was valued at over Rs 7,800 crore.
The issue comprised a fresh issue of shares worth Rs 816 crore and an offer for sale of 2.7 crore shares by existing shareholders. The OFS component was valued at Rs 1,788.6 crore.
Use of proceeds
Of the fresh issue proceeds, Rs 550 crore will be used to strengthen technology and cloud infrastructure. The company will also use the funds for inorganic growth through acquisitions and for general corporate purposes.
Amagi Media Labs is a cloud-based software-as-a-service company. It helps media firms distribute and monetise digital video content.
Lead managers to the issue
The book-running lead managers for the IPO are Kotak Mahindra Capital, Citigroup Global Markets India, Goldman Sachs (India) Securities, IIFL Capital Services and Avendus Capital.
Amagi Media Labs IPO Allotment Status Check Online
The initial public offering of Amagi Media Labs has entered the allotment phase today, January 19, after a strong subscription across investor categories last week.
Here is a step-by-step guide to check the Amagi Media Labs IPO allotment status.
Steps to check Amagi Media Labs IPO allotment on BSE
Step 1: Visit the BSE website for IPO allotment status.
Step 2: Select ‘Equity’ under the issue type.
Step 3: Choose ‘Amagi Media Labs’ from the issue name dropdown.
Step 4: Enter your application number or PAN.
Step 5: Complete the captcha verification.
Step 6: Click on ‘Search’ to view the allotment status.
Steps to check Amagi Media Labs IPO allotment on NSE
Step 1: Go to the NSE IPO allotment status page.
Step 2: Select ‘Equity and SME IPO bids’.
Step 3: Choose ‘Amagi Media Labs Limited’ from the issue name list.
Step 4: Enter your PAN and application number.
Step 5: Click on ‘Submit’.
Your IPO allotment status will be displayed on the screen.
Steps to check Amagi Media Labs IPO allotment on MUFG Intime
Step 1: Visit the IPO registrar MUFG Intime’s website.
Step 2: Select ‘Amagi Media Labs Limited’ from the company dropdown.
Step 3: Choose the search option using PAN, application number, DP ID or account number.
Step 4: Enter the required details.
Step 5: Click on ‘Search’ to view the allotment status.
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