Augmont Enterprises IPO received overwhelming demand from investors and ended up being oversubscribed by 105.78 times by the final day of the subscription window. According to NSE data, the issue received bids for 81,61,86,173 shares against 77.15 lakh shares on offer.
Market buzz has also intensified, with the IPO’s grey market premium (GMP) rising to 42%, pointing to the possibility of a strong listing gain if the trend holds.
