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The Economic Times

Ritesh Presswala

Augmont Enterprises IPO opens for bidding, GMP at 38%. Should you subscribe?

Augmont Enterprises Augmont IPO Gold silver

Augmont Enterprises IPO has opened for subscription today, August 21, with the grey market already flashing a strong signal. The IPO is currently commanding a 38% GMP, indicating potentially healthy listing gains if the trend holds.

The Rs 825 crore Augmont Enterprises IPO comprises a fresh issue of 79 lakh shares worth Rs 620 crore and an offer for sale (OFS) of 26 lakh shares aggregating Rs 205 crore.

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