Overview
- Shares opened at Rs 317–318 versus the Rs 361 issue price, touched an intraday high near Rs 357.5, and closed around Rs 348, leaving the company valued near Rs 7.5k crore.
- The IPO comprised a Rs 816 crore fresh issue and an offer-for-sale of about 2.69 crore shares, with overall subscription exceeding 30 times.
- Early backers sold stock via the OFS, with Premji Invest emerging as the largest beneficiary at roughly Rs 480 crore, while Accel’s paper gains narrowed to about 2.9x at the listing price.
- Amagi plans to allocate most of the new capital to technology and cloud infrastructure and has set aside funds for potential acquisitions, according to its prospectus.
- The export-first adtech firm reported H1 FY26 net profit of about Rs 6.4–6.5 crore on 35% year-on-year revenue growth to Rs 704.8 crore, with roughly 73% of revenue from the U.S. and about 20% from Europe.