Amagi Media Labs IPO January 14: SBI, ICICI, HDFC Anchor 40% Book

Amagi Media Labs IPO January 14: SBI, ICICI, HDFC Anchor 40% Book

The amagi media labs ipo opened with a strong signal as anchors put in Rs 805 crore at the Rs 361 upper band. SBI MF, ICICI Prudential MF, and HDFC MF together took about 40% of the anchor book, pointing to solid mutual fund demand. With subscriptions closing on January 16, interest from large domestic institutions could shape listing sentiment. We break down what the anchor book allocation means, how to approach bids at the Rs 361 price band, and key risks to watch this week.

Continue Reading on Meyka

This article is available in full on our main platform. Get access to complete analysis, stock insights, and more.

Read Full Article →

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *