New Delhi, 08 January (H.S.): Media sector player Amagi Media Labs announced the price band and size for its public issue (IPO) on Thursday, setting a range of ₹343 to ₹361 per share with a lot size of 41 shares. The issue carries a total size of ₹1,788.62 crore.

The IPO opens for subscription on January 13, accepting bids until January 16. Shares will allot on January 19, credit to demat accounts on January 20, and list on BSE and NSE on January 21.Retail investors must bid for a minimum of one lot (41 shares), requiring ₹14,801 at the cap, with a maximum of 13 lots (₹1,92,413).

The offering comprises 49,546,221 shares of ₹5 face value, including 22,603,878 fresh shares and 26,942,343 shares (₹973 crore) via offer-for-sale.Allocation reserves 75% for Qualified Institutional Buyers (QIB), up to 10% for retail, and up to 15% for Non-Institutional Investors (NII).

Kotak Mahindra Capital Company Limited serves as book-running lead manager, with MUFG Intime India Private Limited as registrar.

Financials show steady improvement per the SEBI-filed Draft Red Herring Prospectus (DRHP). Net losses narrowed from ₹321.27 crore in FY23 to ₹245 crore in FY24 and ₹68.71 crore in FY25, flipping to a ₹6.47 crore profit in H1 FY26 (April-September 2025).

Revenue surged from ₹724.72 crore in FY23 to ₹942.24 crore in FY24 and ₹1,223.31 crore in FY25, reaching ₹733.93 crore by September 30, 2025. The company remains debt-free since FY23.

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Hindusthan Samachar / Jun Sarkar