Amagi IPO Closes with Massive 30.2x Oversubscription, Raises ₹1,788 Crore
Media-focused SaaS unicorn Amagi sees overwhelming investor demand with its IPO oversubscribed 30 times, pricing at ₹343-361 per share for a ₹7,966 crore valuation.
Key Facts
| Detail | Value |
|---|---|
| Deal size | ₹1,788 |
| Stage | IPO |
| Valuation | ₹7,966 crore |
| Sector | Amagi |
| Coverage | Startup Funding |
Media technology SaaS giant Amagi has closed its initial public offering with a massive 30.2x oversubscription, marking one of the most successful tech IPOs in recent Indian market history. The IPO comprised a fresh issue worth ₹816 crore and an OFS of 2.69 crore shares.
IPO Details
Key highlights of Amagi's public debut:
Strong Investor Interest
The overwhelming response reflects strong investor confidence in India's SaaS sector. Amagi, which provides cloud broadcast and targeted advertising solutions for TV and streaming platforms, has seen its services adopted by major media companies globally.
Market Position
Founded in 2008 by Baskar Subramanian, Srividhya Srinivasan, and Srinivasan KA, Amagi has built a dominant position in the cloud broadcast infrastructure space. The company's technology powers content delivery for hundreds of channels across 40+ countries.
The successful IPO adds to the growing list of Indian SaaS companies going public, following the footsteps of Freshworks and others. Industry analysts expect more tech unicorns to follow suit in 2026.
Reported by Rohit Menon. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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