The IPO of Amagi Media Labs Orchestrated by a Consortium of Leading Law Firms

Global technology company Amagi Media Labs has reached a significant strategic milestone with its listing on the stock exchanges in Mumbai (BSE) and the National Stock Exchange (NSE). This operation, completed on January 21, raised a total of $196.3 million through a combination of new share issuance and the sale of shares by existing shareholders. Specializing in AI-based Software as a Service (SaaS) solutions for the media industry, the company now positions itself as a key player in the Indian tech sector.

The complexity of this fundraising required the involvement of several renowned international law firms. Cyril Amarchand Mangaldas advised Amagi Media Labs on regulatory aspects of the offering and prior restructuring, while Shardul Amarchand Mangaldas & Co assisted the selling shareholders, including significant investment funds based in Mauritius. Meanwhile, the firms Trilegal and Sidley Austin provided legal counsel for the banking institutions managing the book-building process, ensuring compliance with national and international standards.

This IPO marks a consolidation phase for cloud-native platforms that are transforming multimedia content distribution on a global scale. By attracting institutional investors and leading venture capital funds, Amagi Media Labs demonstrates the resilience and appeal of the SaaS model in a demanding financial market. This successful transaction also highlights the crucial role of multidisciplinary legal expertise in guiding high-growth tech companies to public markets.