Amagi Media Labs Limited has successfully completed its initial public offering (IPO), with its equity shares now listed on the BSE and NSE stock exchanges in India. The cloud-native SaaS provider, which serves the streaming and broadcast sectors, plans to allocate 5,500.64 million rupees (approximately $60.2 million) from the net proceeds to enhance its technology and cloud infrastructure. These investments will be made in phases through fiscal year 2028.

The IPO was open for subscription from January 13 to January 16, 2026. At the official listing ceremony, Baskar Subramanian, co-founder, managing director, and CEO, emphasized that the public listing marks a new chapter for Amagi. He noted that less than 10% of the media ecosystem has migrated to the cloud, leaving significant room for growth, and highlighted streaming as a major driver of industry expansion worldwide.

Subramanian added, “We will continue to invest in product innovation and technology, leveraging Amagi Intelligence to drive advancements across our platform. Our strategy includes expanding into new markets, pursuing acquisitions and partnerships, and maintaining disciplined capital allocation to deliver value for stakeholders and shareholders.”

The IPO was managed by a group of lead managers, including Kotak Mahindra Capital Company Ltd., Citigroup Global Markets India Private Ltd., Goldman Sachs (India) Securities Private Ltd., IIFL Capital Services Ltd., and Avendus Capital Private Ltd..

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