Amagi Media Labs Raises ₹805 Cr from Anchor Investors Ahead of ₹1,789 Cr IPO

• Amagi Media Labs, a cloud-based SaaS company, secured ₹805 crore from anchor investors including SBI MF, ICICI Prudential MF, and HDFC MF.
• The fundraising precedes its ₹1,789 crore IPO, which opens on January 13 and closes on January 16.
• The company allotted 2,22,95,799 equity shares at ₹361 per share to 42 anchor investors.
• The IPO comprises a fresh issue of ₹816 crore and an Offer for Sale (OFS) of ₹972.6 crore by existing shareholders.
• Proceeds from the fresh issue will fund technology, cloud infrastructure, acquisitions, and general corporate expenses.

Why It Matters: Amagi Media Labs successfully raised ₹805 crore from anchor investors, setting the stage for its ₹1,789 crore IPO.