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Augmont Enterprises IPO draws 9.42x subscription on Day 2, led by retail and NII demand

Indian bullion and digital-gold platform Augmont Enterprises’ IPO was subscribed 9.42 times on day two, with strong retail and NII demand. The company operates enterprise bullion trading, consumer digital gold, offline channels, refining and jewellery manufacturing across 24 states.

Newer report , , CNBC-TV18 : Augmont Q1 FY27 profit falls 15% as revenue rises 30%

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Reported figures

From the report. Source details below

IPO subscribed 9.42 times by 1 PM on day 2
Retail portion subscribed 9.18 times
NII portion subscribed 20.18 times
QIB portion subscribed 1.85 times
Fresh issue: 79 lakh shares worth ₹620 crore
OFS: 26 lakh shares worth ₹205 crore
GMP: ₹390
Indicative listing price: ₹1,178
Indicative listing premium: 49.49%

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