The corporate plans to boost Rs 1,020 crores to be raised as recent capital whereas promoting shareholders will provide 3.41 crore fairness shares.
The corporate, in session with the E book Operating Lead Managers (BRLMs) might contemplate a pre-IPO placement aggregating as much as Rs 204 crores previous to submitting of the Purple Herring Prospectus with the ROC. If the Pre- IPO Placement is undertaken, then the recent subject can be decreased to the extent of such Pre-IPO placement.
About Amagi Media Labs
The Bengaluru-headquartered firm was based in 2008 by its promoter Baskar Subramanian who’s the Managing Director & CEO of the corporate. Srividhya Srinivasan and Arunachalam Srinivasan Karapattu are different promoters of the corporate. Whereas the previous is the Chief Know-how Officer, the latter is President—World Enterprise.
Amagi Media connects media corporations to their audiences via cloud-native know-how and helps content material suppliers and distributors add and ship video over the web (streaming) via good televisions, smartphones and functions.
The corporate is backed by main enterprise capital corporations together with Accel, Avataar Ventures, Norwest Enterprise Companions, and Premji Make investments. The corporate works with greater than 45% of the highest 50 listed ‘media and leisure’ corporations by income based on the claims made by it within the draft papaers.
Amagi Media Labs IPO OFS
As a part of the OFS, the investor promoting shareholders are PI Alternatives Fund I, PI Alternatives Fund II, Norwest Enterprise Companions X – Mauritius, Accel India VI (Mauritius) Ltd., Accel Progress VI Holdings (Mauritius) Ltd., Trudy Holdings, AVP I Fund, and sure particular person promoting shareholders.
Amagi Media Labs IPO proceeds utiliasation
Amagi proposes to utilise Rs 667 crores from the web proceeds of the recent subject in direction of funding in know-how and cloud infrastructure. It additionally plans to fund the inorganic development via unidentified acquisitions and normal company functions.
Amagi is the end-to-end, AI-enabled cloud platform within the video class of the Media & Leisure (M&E trade) serving because the ‘trade cloud’ for the sector. It’s enterprise is organised throughout three key divisions – Cloud Modernization, Streaming Unification and monetisation & market which addresses the necessities of three important classes of shoppers – Content material Suppliers, Distributors (resembling OTT platforms, telecom operators, and good tv producers) and Promoting platforms & advertisers.
Amagi Media financials
Amagi reported income from operations of Rs 1,162 crores in FY25, recording a compound annual development fee of 30.70% from FY2023 to FY2025, pushed by new buyer acquisition and elevated use of the platform by current clients. Amagi’s adjusted EBITDA margin improved considerably to 2.02% in FY25, in comparison with (17.69%) in FY24 and (20.62%) in FY23.
Lead managers
Kotak Mahindra Capital Firm Restricted, Citigroup World Markets India Non-public Restricted, Goldman Sachs (India) Securities Non-public Restricted, IIFL Capital Providers Restricted, and Avendus Capital Non-public Restricted are the E book Operating Lead Managers to the problem.
The fairness shares of the corporate are proposed to be listed on BSE and NSE.
(Disclaimer: Suggestions, strategies, views and opinions given by the consultants are their very own. These don’t signify the views of Financial Occasions)
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