India, Jan. 16 -- Update | January 16, 20:30 IST

Media SaaS company Amagi's IPO saw a sharp surge in interest on the final day of bidding, ending with a 30.2X subscription. The IPO received bids for 82.4 Cr shares against 2.7 Cr shares on offer, marking a strong finish after relatively muted participation in the first two days.

Non-institutional investors (NIIs) led the demand, with their portion subscribed 37.4X. Within this, bids above INR 10 Lakh stood out, with the large HNI segment subscribed 43.2X. The INR 2-10 Lakh category was subscribed 25.7X.

Qualified institutional buyers (QIBs) also piled in on the last day, with their quota subscribed 33.8X. Foreign institutional investors accounted for the largest chunk of institutional d...