New Delhi, Jan. 16 -- The IPO of Amagi Media Labs has witnessed a sharp rise in investor interest, particularly from institutional participants, on the final day of bidding, pushing the subscription rate to over 30 times.

The issue, which opened on Tuesday, January 13, closed today. During the three-day bidding period, it attracted bids for 8.2 crore shares against over 2.72 lakh shares on offer, resulting in a subscription rate of 30.24 times, according to exchange data.

The non-institutional buyer segment showed strong interest in the issue, with the quota being subscribed 38.26 times, while the qualified institutional buyer (QIB) portion was subscribed 33 times, and the retail investor portion was subscribed 9.54 times, the exchange ...