New Delhi, Aug. 25 -- The Augmont Enterprises IPO was subscribed 14.46 times on the second day of bidding on Monday, witnessing strong investor demand. The initial share sale was subscribed 2.74 times on the first day of bidding on Friday.

The IPO price band has been fixed at Rs.750-788 per equity share, with the public issue set to close on 25 August. At the upper end of the price band, Augmont Enterprises is expected to have a post-issue market capitalisation of around Rs.7,200 crore.

Augmont Enterprises IPO GMP today or grey market premium, is +325. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Augmont Enterprises share price was indicated at Rs.1,113 apiece...