Amagi Files IPO Papers To Raise INR 1,020 Cr

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SUMMARY

The company is planning to raise INR 1020 Cr via issue of fresh share

The IPO will also consider an OFS of 3.41 Cr equity shares

The SaaS unicorn is also considering raising a pre-IPO placement round

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…



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Amagi Files IPO Papers To Raise INR 1,020 Cr


SUMMARY

The company is planning to raise INR 1020 Cr via issue of fresh share

The IPO will also consider an OFS of 3.41 Cr equity shares

The SaaS unicorn is also considering raising a pre-IPO placement round

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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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