Augmont Enterprises Limited has raised ₹246.30 crore from 14 anchor investors ahead of its proposed Initial Public Offering (IPO). The company allotted 31,25,633 equity shares to anchor investors at ₹788 per share, including a share premium of ₹783 per share.
The anchor allocation attracted a diverse group of institutional investors, including Nomura Trust and Banking Co, HDFC Mutual Fund, Nippon India Mutual Fund, Tata Mutual Fund, Jupiter India Fund, Jupiter Global Fund, Lion Global Investment Funds, Edelweiss Life Insurance Company, Trust MF Flexi Cap Fund, Authum Investment and Infrastructure, Bengal Finance and Investment associated with Ashish Kacholia, Girik Multicap Growth Equity Fund, 360 ONE Alternates Asset Management, 360 ONE WAM and Societe Generale – ODI.
Domestic mutual funds accounted for a significant portion of the anchor allocation. Four domestic mutual funds received 13,83,846 equity shares, representing 44.27% of the total shares allocated to anchor investors, through five schemes. In addition, 1,26,920 equity shares, or 4.06% of the anchor allocation, were allotted to a life insurance company.
Augmont Enterprises is set to open its IPO on Friday, August 21, 2026, and the issue will close on Tuesday, August 25, 2026. The price band has been fixed at ₹750 to ₹788 per equity share, with each share having a face value of ₹5. Investors can bid for a minimum of 19 equity shares and in multiples of 19 shares thereafter. At the upper end of the price band, the offer price represents 157.60 times the face value of the shares, while the lower end represents 150 times the face value.
The company is offering shares through a combination of a fresh issue and an offer for sale. The total IPO size is ₹825 crore, comprising a fresh issue of equity shares worth up to ₹620 crore and an offer for sale of shares worth up to ₹205 crore by existing shareholders.
The offer for sale includes shares worth up to ₹69.4 crore each from Namita Ketan Kothari and Vivek Prithviraj Kothari, and shares worth up to ₹66.2 crore from Dimple Mukesh Kothari. The IPO also includes an employee reservation of shares worth up to ₹4 crore. Nuvama Wealth Management, Intensive Fiscal Services, JM Financial and Motilal Oswal Investment Advisors are acting as the Book Running Lead Managers for the issue.
