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Augmont Enterprises debuts at 22% premium after 106x-subscribed IPO

Integrated Indian gold and silver platform Augmont Enterprises listed at ₹961 on NSE and ₹956 on BSE, premiums of about 22% and 21% to its ₹788 issue price. The IPO was subscribed nearly 106 times.

Reported figures

From the report. Source details below

NSE premium: 21.95%
BSE premium: 21.32%
Grey market premium: ₹290
Implied GMP listing price: ₹1,078
Fresh issue: 79 lakh shares worth ₹620 crore
Offer for sale: 26 lakh shares worth ₹205 crore
Presence: 24 Indian states

The source

Source Read the source at Mint

Published

Also reported by Business Today, Financial Express, Business Standard, Outlook Business

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