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.