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Augmont Enterprises IPO sees 4.11x subscription on Day 2 as GMP rises to 48%
Mumbai-based gold and silver platform Augmont Enterprises’ Rs 825-crore IPO was subscribed 4.11 times on Day 2. The consumer-facing digital bullion and jewellery company plans to use proceeds for precious-metals inventory, margin commitments and corporate growth.
Newer report on another story , , CNBC-TV18 : Augmont Q1 FY27 profit falls 15% as revenue rises 30%
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Reported figures
From the report. Source details below
| Fresh issue: | Rs 620 crore |
|---|---|
| OFS: | Rs 205 crore |
| Price band: | Rs 750-788 per share |
| GMP: | Rs 380 (48.22%) |
| QIB subscription: | 1.77x |
| NII subscription: | 7.60x |
| Retail subscription: | 3.99x |
| FY26 revenue: | Rs 94,282.47 crore |
| FY26 PAT: | Rs 348.30 crore |
The source
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