Amagi Media Labs IPO Subscribed 9% on Day 2, Retail Investors Lead

• Amagi Media Labs IPO subscribed 9% on Day 2, with retail investors showing strong interest.
• The issue received bids for 23.92 lakh shares against 2.72 crore shares on offer.
• Retail individual investors (RIIs) portion was subscribed 38%, non-institutional investors 6%.
• Amagi raised Rs 805 crore from anchor investors including SBI Mutual Fund, ICICI Prudential Mutual Fund, and HDFC Mutual Fund.
• IPO closes January 16; price band Rs 343-361 per share, valuing the company at over Rs 7,800 crore.

Why It Matters: Amagi Media Labs IPO sees 9% subscription on Day 2, driven by retail investor enthusiasm.