Amagi lists at 12% discount on stock exchange

Share via:


Adtech unicorn Amagi Media Labs made a muted debut on the Indian stock exchanges on Wednesday, listing at a discount to its IPO price despite strong investor interest during the issue.

The Bengaluru-based company’s shares are listed at Rs 317 on the BSE and Rs 318 on the NSE, nearly 12% lower than the IPO issue price of Rs 361.

Amagi’s IPO witnessed strong subscription across categories, with the issue closing at over 30x overall subscription, led by institutional and non-institutional investors. The QIB portion was subscribed over 30 times, while…



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.

Popular

More Like this

Amagi lists at 12% discount on stock exchange


Adtech unicorn Amagi Media Labs made a muted debut on the Indian stock exchanges on Wednesday, listing at a discount to its IPO price despite strong investor interest during the issue.

The Bengaluru-based company’s shares are listed at Rs 317 on the BSE and Rs 318 on the NSE, nearly 12% lower than the IPO issue price of Rs 361.

Amagi’s IPO witnessed strong subscription across categories, with the issue closing at over 30x overall subscription, led by institutional and non-institutional investors. The QIB portion was subscribed over 30 times, while…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

The Download: digitizing India, and scoring embryos

This is today’s edition of The Download, our weekday newsletter that...

An A.I. Start-Up Says It Wants to Empower Workers,...

Founded by researchers from Anthropic, Google and xAI, the...

Wipro CEO sees growing demand for IT services from...

Artificial intelligence is underpinning technology deals that Indian...

Popular

buy iptv subscription buy iptv service iptv subscription for sale best iptv subscription cheap iptv subscription premium iptv subscription iptv subscription deals iptv service provider buy iptv online iptv streaming service iptv plans online iptv subscription online best iptv provider iptv service for sale buy premium iptv iptv membership iptv subscription price iptv monthly subscription iptv yearly subscription iptv subscription packages buy iptv connection iptv reseller subscription iptv service deals iptv live tv subscription iptv sports subscription iptv 4k subscription iptv hd subscription buy iptv for smart tv iptv subscription instant activation iptv no contract subscription reliable iptv service secure iptv subscription fast iptv service iptv multi device subscription iptv trial subscription iptv service with support buy iptv playlist iptv m3u subscription iptv xtream codes subscription iptv subscription buy now melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal