Amagi Files IPO Papers To Raise INR 1,020 Cr

Amagi Media Labs files IPO papers with Sebi for Rs 1,020-crore fresh issue

New Delhi: Amagi Media Labs, a leading SaaS-based cloud broadcast and video infrastructure company, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO). The Bengaluru-based tech firm plans to raise Rs 1,020 crore through a fresh issue of shares, along with an offer for sale (OFS) of 3.41 crore equity shares by existing shareholders. According to the DRHP fi…

Amagi Files IPO Papers To Raise INR 1,020 Cr

Media-focused SaaS unicorn Amagi Media Labs has filed draft red herring prospectus (DRHP) with the markets regulator SEBI to raise INR 1,020 Cr in an initial public offering (IPO). As per the company’s DRHP, it will raise INR 1,020 Cr via the issue of fresh shares. The IPO will also consist of an offer for sale (OFS), where the stakeholders will offload 3.41 Cr shares. Besides, the company will also consider raising a pre-IPO placement round of …

SaaS Unicorn Amagi Media Labs files DRHP with SEBI for IPO

Bengaluru: Amagi Media Labs Limited, a Software-as-a-Service (SaaS) company in the media-tech space, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an initial public offering (IPO). The proposed offering comprises a fresh issue of equity shares worth up to ₹1,020 crores, along with an offer for sale (OFS) of up to 3.41 crore equity shares by existing shareholders. Amagi, founded…

Media SaaS unicorn Amagi Media Labs files DRHP to raise ₹1,020 crore through IPO

Amagi Media Labs Limited, a software-as-a-service (SaaS) company that connects media companies to their audiences through cloud-native technology and helps content providers and distributors upload and deliver video over the internet (streaming) through smart televisions, smartphones and applications, has filed the draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise funds through […] The post Media SaaS unicorn Amagi…