Three entities, including global venture capital firm Accel, on Friday divested nearly a 5 per cent stake in SaaS company Amagi Media Labs for Rs 587 crore through open market transactions. A total of 1,04,88,021 equity shares, representing a 4.85 per cent stake in Bengaluru-based Amagi Media Labs, were offloaded by Trudy Holdings, AVP I Fund and Accel through its affiliates, according to block deal data on the NSE. The shares were disposed of at an average price of Rs 560 apiece, taking the combined transaction value to Rs 587.33 crore. AVP I Fund is an investment vehicle linked to AVP, formerly AXA Venture Partners/ Atlantic Vantage Point, which is an independent global technology investment platform. Meanwhile, a clutch of domestic mutual funds, an insurance company and foreign investors participated in the transaction. SBI Mutual Fund (MF), Tata MF, ICICI Prudential MF, Edelweiss MF, DT Fund, and Baroda BNP Paribas MF purchased an equal number of shares at the same price, as p
Accel partners Shekhar Kirani and Rachit Parekh on why they're holding their Amagi stake post-IPO, the reopening of India's tech listing window, and where they're placing AI bets
Amagi Media's unlisted shares were trading at ₹388, reflecting a grey market premium of ₹27 or 7.5 per cent above the upper end price
Bharat Coking Coal is witnessing strong interest, with its unlisted shares trading at ₹33.7, a premium of ₹10.7 or 46.5 per cent over the upper price band of ₹23.
Ahead of its IPO, Amagi Media Labs raised ₹804 crore from 42 institutional investors via an anchor book on January 12
Amagi Media Labs has set the price band in the range of ₹343 to ₹361, with a lot size of 41 shares
Amagi Media Labs is set to launch a ₹1,788.62 crore IPO on Tuesday, January 13, 2026, while Bharat Coking Coal will make its market debut on January 16
Amagi Media Labs is eyeing ₹816 crore through the fresh issue of 22.6 million equity shares, and shareholders will be selling 26.9 million equity shares through an OFS for ₹972.62 crore
The media technology provider has raised over $100 mn in investment, inclusive of $80 million in primary capital, from global growth equity firm General Atlantic
Raised funds will be utilised to expand targeted advertising platform globally; enter new international markets for its cloud-based managed broadcast service
This will help advertisers evaluate their national geo-targeted ad-campaigns on BARC India's software; increase credibilty