Augmont IPO listing: Shares list at a 22% premium on NSE, extend gains despite weak stock market sentiment
Augmont IPO listing, Aug. 31 -- Augmont Enterprises share price listed at a healthy premium of 22% on the NSE and at a premium of 21% on the BSE on Monday, 31 August, despite weak market sentiment. Augmont Enterprises shares were listed at Rs.961 on the NSE, up 21.95% from the issue price of Rs.788, while on the BSE, they debuted at Rs.956, up 21.32% from the issue price.
After a positive listing, the stock further extended gains, rising 29.4% from the issue price to Rs.1,019.80 on the NSE and to Rs.1,019 on the BSE. Meanwhile, market benchmarks, the Sensex and the Nifty 50, declined by up to 0.70% in the morning session.
The stock's listing, however, missed grey market expectations, as Augmont Enterprises IPO GMP (grey market premium) ...
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