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(19/08/2026 07:01)

Augmont Enterprises announces launch of initial public offering

Augmont Enterprises Ltd. has announced public offering of 10469543 shares at a price of Rs 5.00 each for Cash at a Premium of Rs 783.00 per share. The gross proceeds of the issue are expected to be Rs 82,500.00 lakhs.

The company's initial public offer (IPO) will open on 21 August 2026 and is expected to close on 25 August 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 750.00-788.00 per share.

The IPO includes a fresh Issue of 10469543 Equity Shares of the Company at an price of Rs 788.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 19 shares with bids in multiples of 19.

Augmont Enterprises Ltd. anticipates using the proceeds of the issue for .

JM Financial Ltd.,Motilal Oswal Investment Advisors Limited,Nuvama Wealth Management Ltd.,Intensive Fiscal Services Private Limited. as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.
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