Archive · 1 Sep 2026

Augmont Enterprises Shares End Over 15% Above IPO Price

Augmont Enterprises Shares End Over 15% Above IPO Price

Augmont Enterprises is a company that works with gold and silver.

Its shares were sold to the public at Rs 788 each.

When trading began, the shares opened at much higher prices on both the BSE and NSE.

They opened about 21% above the IPO price.

During the day, the shares climbed as high as Rs 1,019.

By the end of trading, they were still more than 15% above the IPO price.

Many investors wanted the shares, so the IPO was subscribed 105.78 times.

The company plans to use the money for inventory, working capital and expansion.

Reports gave different figures for the company’s market valuation after listing.

Sources