Amagi Media Labs Ltd IPO

The company has experienced losses and negative cash flows in the past and any increases in expenses, decline in revenues or negative cash flows in future periods could adversely affect its business, results of operations, financial condition and the trading price of the company's Equity Shares.

The company's revenue from operations from the America Region and Europe (including UK) was Rs.5,161.06 million, or 73.23%, and Rs.1,217.20 million, or 17.27%, respectively, of its revenue from operations during the six months ended September 30, 2025, and Rs.8,470.70 million, or 72.86%, and Rs.2,016.58 million, or 17.34%, respectively, of the company's revenue from operations during the Financial Year 2025, each based on Ind AS 108 (Operating Segments). Any adverse changes in the economic conditions that affect the economies of the geographies and markets in which we have a presence could adversely affect its business, results of operations, financial condition and cash flows.

Vinculum Advisors LLP, a member of the company's Promoter Group, has acquired Equity Shares from certain Shareholders during the preceding year at a price that may be lower than the Offer Price.

The company depends on cloud infrastructure operated by third parties for its platform and solutions, and any disruption in the operation of such infrastructure could adversely affect the company's business, results of operations, financial condition and cash flows, and subject the company to liability.

Technology failures or interruptions in the availability of its cloud-based solutions could have an adverse effect on the company's business, results of operations, financial condition and cash flows.

An inability to dedicate sufficient resources to its research and development operations could erode the company's competitive advantage and accordingly, adversely affect its business, results of operations, financial condition and cash flows.

The company's business and revenue from operations are highly concentrated in the United States, and any adverse changes in the geopolitical, economic or regulatory environment of the United States could adversely affect its business, results of operations, financial condition and cash flows.

The determination of the Price Band is based on a variety of factors and assumptions and the Offer Price of the Equity Shares, market capitalization and price to earnings ratio based on the Offer Price of the Equity Shares, may not be indicative of the market price of its Equity Shares upon listing or thereafter.

The company's utilization of the Net Proceeds for expenses towards technology and cloud infrastructure will not result in the creation of any tangible or intangible assets and will be recorded as expenses in the company's statement of profit and loss.

The markets for its solutions are new, unproven and evolving, and the company's future success depends on the growth and expansion of these markets and its ability to adapt and respond effectively to evolving markets.