Augmont secures ₹246.29 crore from anchor investors before ₹825-crore IPO

Ahead of its ₹825-crore initial public offering that launched this Friday, Augmont Enterprises has successfully gathered ₹246.29 crore from 14 anchor investors. The firm distributed 31.25 lakh equity shares to these investors at a price of ₹788 each, which is the top limit of the IPO's price range. Notable participants in the anchor round included Tata Mutual Fund, Nippon India Mutual Fund, and HDFC Mutual Fund.

by shortkt.com
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Augmont secures ₹246.29 crore from anchor investors before ₹825-crore IPO | ShortKT