Amagi Media Labs Files Rs 1,020 Crore IPO to Power Global Cloud Media Expansion
- Amagi Media Labs files for Rs 1,020 crore IPO, including a fresh issue and offer for sale by existing investors.
- Rs 667 crore to be used for tech upgrades, cloud infrastructure, and acquisitions.
- Serves over 45% of top 50 global media firms, revenue grew to Rs 1,162 crore in FY25 with 30.7% CAGR.
Amagi Media Labs Limited, a leading Software-as-a-Service (SaaS) player in the Media & Entertainment sector, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), marking a major step towards its much-anticipated Initial Public Offering (IPO). The offering comprises a fresh issue of equity shares worth Rs 1,020 crore and an offer for sale (OFS) of up to 3.41 crore shares by existing investors.
The company plans to deploy Rs 667 crore from the IPO proceeds into strengthening its cloud and technology infrastructure, pursue inorganic growth through acquisitions, and meet general corporate objectives.
Founded in 2008, Amagi is a global pioneer in AI-powered, cloud-based video infrastructure. Its SaaS platform empowers content owners and distributors to deliver seamless video experiences across smart TVs, OTT platforms, mobile applications, and other connected devices. The company operates across three strategic verticals: Cloud Modernization, Streaming Unification, and Monetization effectively serving broadcasters, advertisers, and digital-first media enterprises.
Amagi’s client portfolio is impressive, with over 45% of the world’s top 50 publicly listed media and entertainment companies leveraging its platform. The company has shown consistent growth, reporting a revenue of Rs 1,162 crore in FY25, backed by a robust compound annual growth rate (CAGR) of 30.70% since FY23.
Prominent investors such as Accel, Norwest Venture Partners, Premji Invest, Avataar Ventures, and others are participating in the OFS. The IPO is being managed by top-tier investment banks including Kotak Mahindra Capital, Citigroup Global Markets India, Goldman Sachs India, IIFL Capital Services, and Avendus Capital.
Upon successful completion, Amagi’s equity shares will be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), cementing its position as a key innovator in India’s cloud-native SaaS and global broadcast technology landscape.
