India, Jan. 12 -- Media-focussed SaaS company Amagi has raised about INR 805 Cr from anchor investors in the run up to its initial public offering (IPO), which is set to open tomorrow (January 13).

The Bengaluru based company allotted 2.23 Cr shares to anchor investors at INR 361, the upper end of the set price band, per share. This values the anchor portion at INR 804.9 Cr.

Domestic mutual funds lapped up the largest share of the anchor book, buying about 76% or 1.7 Cr shares on offer. Eleven mutual funds including SBI, ICICI Prudential, HDFC, Aditya Birla Sun Life, Motilal Oswal, Tata, Franklin Templeton subscribed to the company's shares across 28 schemes.

Meanwhile, three life insurance companies - HDFC Life, Bharti AXA Life and Ed...