Amagi Media Labs shares likely to make tepid listing on Wednesday; here's a trading strategy
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Amagi Media Labs shares are set to list on January 21, with expectations of modest gains due to weak grey market premium (GMP). Analysts recommend partial profit booking on the listing day. The IPO was subscribed 30.22 times, priced at Rs 343-361/share, valuing the company at Rs 7,800 crore. The company, a SaaS provider for the media industry, has turned profitable in FY26's first half. Investors are advised to hold for the long term while considering profit booking on listing day. The GMP indicates a potential listing gain of around 1.11%.
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