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Amagi cuts IPO size to widen investor base

Mint Bangalore

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January 09, 2026

Cloud-based broadcast and streaming technology firm Amagi has downsized its initial public offering (IPO), trimming the fresh equity raise to ₹816 crore from ₹1,020 crore as it sharpens its focus on attracting a broader and more stable institutional investor base amid improving profitability.

- Rwit Ghosh

Amagi cuts IPO size to widen investor base

Baskar Subramanian, chief executive & co-founder, Amagi.

The downsized offer values Amagi at $869 million at the top of the price band versus its $1.4 billion valuation back in 2022, after it secured a $100 million investment from General Atlantic.

The company has fixed a price band of ₹343 to ₹361 per share for its ₹1,788.6 crore IPO, which also includes an offer-for-sale (OFS) component.

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