Amagi Media Labs IPO GMP Rises Marginally, Subscribed 13% on Day 2

• Amagi Media Labs Ltd's Grey Market Premium (GMP) saw a marginal increase on Thursday.
• The IPO was subscribed 13% on Day 2, with bids for over 35 lakh shares against 2.72 crore offered.
• The Bengaluru-based company previously raised Rs 805 crore from anchor investors.
• The IPO, closing January 16, has a price band of Rs 343–361 per share, valuing Amagi at over Rs 7,800 crore.
• Funds from the Rs 1,788.6 crore IPO will enhance technology, fund acquisitions, and cover corporate expenses.

Why It Matters: Amagi Media Labs IPO sees marginal GMP rise and 13% subscription on Day 2, closing January 16.