Augmont Enterprises Limited raises ₹246.30 Crores from 14 anchor investors, at upper price band of ₹ 788 per equity share

Augmont Enterprises Limited has allotted 31,25,633 Equity Shares to 14 anchor investors at ₹788 per equity share (including share premium of ₹783 per Equity Share) aggregating ₹ ₹246.29 Crores, ahead of company’s proposed Initial Public Offer (“IPO”).

The anchor book saw participation from a wide variety of 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 Limited, Ashish Kacholia’s Bengal Finance and Investment, Girik Multicap Growth Equity Fund, 360 ONE Alternates Asset Management / 360 ONE WAM and Societe Generale – ODI.

Out of the total allocation of 31,25,633 Equity Shares to the Anchor Investors, 13,83,846 Equity Shares (i.e., 44.27% of the total allocation to Anchor Investors) were allocated to 4 domestic mutual funds, which applied through a total of 5 schemes.

Out of the total allocation of 31,25,633 Equity Shares to the Anchor Investors, 1,26,920 Equity Shares (i.e., 4.06% of the total allocation to Anchor Investors) were allocated to 1 Life Insurance Company.

Augmont Enterprises Limited proposes to open the initial public offering of its equity shares of face value ₹ 5 each on Friday, August 21, 2026 and close on Tuesday, August 25, 2026.

The Price Band of the Offer has been fixed from ₹ 750 per Equity Share of face value ₹ 5 each to ₹788 per Equity Share of face value of ₹5 each. Bids can be made for a minimum of 19 Equity Shares of face value ₹5 each and multiples of 19 Equity Shares of face value ₹ 5 each thereafter. The floor price and the cap price are 150.00 times and 157.60 times the face value of the Equity Shares, respectively. The Price to Earnings Ratio (P/E) based on basic and diluted EPS for Fiscal 2026 for the Company at the lower end of the price band (Floor Price) is 18.54 times and at the upper end of the price band (Cap Price) is 19.48 times. The Weighted Average Return on Net Worth for the last three fiscal years is 55.25%.

The ₹825 crores Offer comprises a fresh issue of Equity Shares of face value ₹5 each aggregating up to ₹620 crores and an offer for sale of Equity Shares of face value ₹5 each aggregating up to ₹205 Crores by certain existing shareholders including Equity Shares of face value ₹5 each aggregating up to ₹69.4 crores by Namita Ketan Kothari, Equity Shares of face value ₹5 each aggregating up to ₹69.4 crores by Vivek Prithviraj Kothari and Equity Shares of face value ₹5 each aggregating up to ₹66.2 crores by Dimple Mukesh Kothari. The Offer also comprises of a reservation of such number of Equity Shares aggregating up to ₹ 4 crores for purchase by eligible employees of the Company.

Nuvama Wealth Management Limited, Intensive Fiscal Services Private Limited, JM Financial Limited and Motilal Oswal Investment Advisors Limited are the Book Running Lead Managers to the Offer.

 

Comments

Post a Comment

Popular posts from this blog

A graphic novel about Anglo-Indian heritage with stunning illustrations

Image
The launch event for The History of Anglo-Indians: A Graphic Novel, a profound exploration of heritage, identity, and untold stories, was held on Saturday, August 8, 2026, at the C.P. Arts Convention Centre on Eldams Road in Chennai. The evening featured Dr. Oscar C. Nigli, the Senior National Vice-President of the All-India Anglo-Indian Association, as the esteemed special guest. Dr. Nigli is also a former Dean and Professor at Loyola College in Chennai, as well as a Former Anglo-Indian Member of the Legislative Assembly in Tamil Nadu. Attendees were treated to an insightful presentation by Keith Butler, who shared the research and creative journey behind The History of Anglo-Indians, followed by a discussion with the author. The graphic novel is brought to life by the stunning illustrations of Harry MacLure, a talented writer, cartoonist, artist, and comic book illustrator based in Chennai. MacLure is well known for his role as the editor of Anglos In The Wind, the longest-running ...
Read more

BPCL Dealer network launches “Fuelling the Festive Spirit” Campaign

Image
  Bharat Petroleum Corporation Limited (BPCL) dealer network has rolled out its festive season campaign, “Fuelling the Festive Spirit”, from 22nd September to 31st October 2025 across 3,000 Retail Outlets in Andhra Pradesh, Telangana, Karnataka, and Tamil Nadu.   Customers fuelling up with eligible transactions can win exciting prizes of 17 car and  83 Bikes through QR-based digital  slogan context participation. BPCL spokesperson said, “Festivals in India are a time of joy, giving, and togetherness. With ‘Fuelling the Festive Spirit,’ we are delighted to reward our customers and empower our frontline teams, making every visit to our retail outlets during this festive season truly memorable.”
Read more

Apollo Cancer Centers now introduces Made in India, CAR T Cell Program

Image
First Private Hospital in India to Successfully Complete CAR T Cell Therapy.  In a ground-breaking development, Apollo Cancer Centres (ACCs) has emerged as the first private hospital group in India to have a successfully complete CAR-T cell program and to further augment it, the group will now provide access to Made in India CAR-T cell therapy, beginning with NexCAR19 (Actalycabtagene autoleucel), for the treatment of B-cell lymphomas and B-acute lymphoblastic leukaemia in patients aged 15 years and above.   Marking a historic moment in the country's medical landscape , Dr. T Raja, Director of Medical Oncology at ACC, Chennai, spearheaded the development of this revolutionary clinical program, and has successfully treated six patients till date.   CAR-T cell therapies, often known as living drugs involve the extraction of a patients T-cells (a type of white blood cells whose function is to fight cancer cells) through a process known as Apheresis. These T-cells are t...
Read more