Amagi Media Labs, a cloud-based television technology company, is preparing to launch its initial public offering (IPO) on January 13, 2026. The IPO represents one of the significant market debuts in the technology sector, with the company setting an ambitious fundraising target and demonstrating strong recent financial performance.

IPO Structure and Pricing Details

The company has established a price band ranging from ₹343 to ₹361 per equity share for the public offering. The IPO structure combines both fresh capital raising and existing shareholder exits through a well-balanced approach.

The IPO will remain open for subscription from January 13, 2026, through January 16, 2026, with shares proposed for listing on both BSE and NSE. Each application lot comprises 41 company shares, making the minimum investment approximately ₹14,023 at the lower price band.

Market Response and Grey Market Premium

Shares of Amagi Media Labs are currently available in the grey market at a premium of ₹37 per share. This Grey Market Premium (GMP) indicates positive investor sentiment ahead of the official launch, suggesting potential listing gains for successful applicants.

IPO Timeline and Key Participants

The IPO follows a structured timeline with specific dates for various processes:

*May shift to January 19, 2026, if delayed due to Saturday falling on January 17.

MUFG Intime India Private Limited serves as the official registrar for the book-building issue. The IPO is managed by a consortium of prominent investment banks including Kotak Mahindra Capital, Citigroup Global Markets, Goldman Sachs (India), IIFL Capital Services, and Avendus Capital as lead managers.

Financial Performance Overview

Amagi Media Labs has demonstrated consistent revenue growth over recent financial years. The company's total revenue reached approximately ₹734 crore by the end of the September 2025 quarter, representing about 60% of the company's total income for FY25.

While the company's Profit After Tax (PAT) remained negative in FY23, FY24, and FY25, there has been year-over-year improvement in PAT performance. The company achieved positive PAT of ₹6.47 crore in the September 2025 quarter, contributing to a substantial increase in net worth from approximately ₹510 crore at the end of FY25 to around ₹860 crore by the September 2025 quarter.

Investment Considerations

The IPO offers investors exposure to the growing cloud-based television technology sector through a company that has shown revenue growth and improving profitability metrics. The balanced structure between fresh capital and OFS provides both growth funding for the company and liquidity for existing shareholders.

The Indian stock market's primary segment is set for significant activity next week, with six companies launching public issues starting January 12, 2026. Amagi Media Labs emerges as the sole mainboard offering, while five SME companies will simultaneously seek public investment across diverse sectors.

Amagi Media Labs Mainboard IPO

Amagi Media Labs Ltd is launching a comprehensive public issue targeting ₹1,789.00 crore through a combination structure. The cloud-based technology company has structured its offering with a fresh issue component of ₹816.00 crore and an offer for sale segment of ₹973.00 crore.

The company plans to utilize IPO proceeds for technology and cloud infrastructure investments, funding inorganic growth through acquisitions, and general corporate purposes. Kotak Mahindra Capital, Citigroup Global Markets, Goldman Sachs (India), IIFL Capital Services, and Avendus Capital serve as book-running lead managers, with MUFG Intime India Private Limited as the registrar.

SME IPO Lineup

Five SME companies will launch public issues next week, collectively seeking ₹238.11 crore from investors across manufacturing and technology sectors.

Avana Electrosystems IPO

Avana Electrosystems opens the SME segment on January 12, 2026, with a three-day subscription period ending January 14. The company seeks ₹35.22 crore through 52 lakh fresh equity shares and 8 lakh offer for sale shares.

Narmadesh Brass Industries IPO

Narmadesh Brass Industries launches simultaneously on January 12, targeting ₹44.87 crore through a combination of fresh issue and offer for sale components. The four-day subscription window extends until January 15, 2026.

INDO SMC IPO

INDO SMC represents the largest SME offering, seeking ₹91.95 crore through an entirely fresh issue of 62 lakh shares. The subscription period runs from January 13-16, 2026.

GRE Renew Enertech IPO

GRE Renew Enertech focuses on renewable energy sector expansion, targeting ₹39.56 crore through 38 lakh fresh shares. The company's subscription window aligns with INDO SMC's January 13-16 timeline.

Armour Security India IPO

Armour Security India concludes the SME lineup, seeking ₹26.51 crore through 47 lakh fresh equity shares. The company offers the longest subscription period, opening January 14 and closing January 19, 2026.

Fund Utilization Plans

The companies have outlined specific deployment strategies for IPO proceeds:

• Technology Infrastructure: Amagi Media Labs and GRE Renew Enertech focus on technology and renewable energy investments
• Capacity Expansion: Multiple companies plan machinery purchases and facility upgrades
• Working Capital: All SME companies include working capital requirements in their fund utilization
• Debt Management: Several companies plan loan repayment or prepayment from proceeds

Next week's primary market activity represents diverse sector participation, from cloud technology to manufacturing and renewable energy, providing investors varied investment opportunities across market segments.