The Amagi Media Labs IPO grey market premium (GMP) has inched up marginally, even as the public issue recorded a modest 13% subscription on Day 2 of bidding, indicating cautious participation from investors so far.
Market participants are closely tracking subscription trends and GMP movement for further cues on listing sentiment.
Amagi Media Labs IPO: Key Dates to Watch
- IPO allotment date: Expected by January 19
- Listing date: Scheduled for January 21
- GMP trend: Marginal uptick, reflecting guarded optimism
Investors who have applied for the IPO will be able to check their allotment status online once the process is completed.
Subscription Status So Far
By the end of Day 2, the IPO was subscribed around 13%, suggesting that investors are taking a wait-and-watch approach, possibly ahead of the final day of bidding. Subscription momentum may pick up closer to the issue closing date.
What Does GMP Indicate?
The slight rise in grey market premium signals mild improvement in sentiment, though analysts caution that GMP is an unofficial indicator and can change rapidly based on market conditions and demand.
Key Highlights
- Amagi Media Labs IPO subscribed 13% on Day 2
- GMP rises marginally, indicating cautious optimism
- Allotment expected on January 19
- Listing scheduled for January 21
⚠️ Disclaimer: This article is for informational purposes only. Grey market premium is not an official measure and should not be considered investment advice. IPO investments are subject to market risks.
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