New Delhi, Aug. 28 -- Following the finalization of allotment of the Augmont Enterprises IPO after a bumper response to the issue during its three-day bidding period, investors have now shifted their focus to the Augmont Enterprises stock's potential listing gains, as the shares are scheduled to debut on the Indian stock market on Monday, August 31.

Ahead of the listing, Augmont Enterprises stock is trading at a solid premium of Rs.300, or 38%, in the grey market, as per market sources. Based on the stock's upper price band of Rs.786 per share, Augmont Enterprises IPO could list at around Rs.1,086 per share.

The GMP reflects the expected difference between an IPO's issue price and its anticipated listing price in the unofficial market. ...