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Augmont Enterprises opens ₹825 crore IPO, pitching integrated gold and silver platform

Augmont Enterprises opened its ₹825 crore IPO, offering investors exposure to its integrated gold and silver ecosystem spanning bullion trading, digital gold, refining and jewellery manufacturing. Brokerages recommend subscribing, while flagging low margins, customer concentration and platform-dependence risks.

Newer report supersedes this story , : Augmont listed at a roughly 22% premium, so the IPO has concluded.

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Reported figures

From the report. Source details below

  • ₹750-788 per share price band
  • 0.79 crore fresh equity shares
  • ₹620 crore offer for sale

Other figures

  • ₹1,088 grey-market price
  • ₹300 GMP
  • 38.07% GMP
  • 19-share minimum lot

The source

Source Read the source at Business Standard

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Note Information, not investment advice. RetailIntel is not registered with SEBI.