Augmont IPO listing: Shares list at a 22% premium on NSE
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.
The stock's listing, however, missed grey market expectations, as Augmont Enterprises IPO GMP (grey market premium) on Monday morning was Rs.290, signalling the stock could list at Rs.1,078, a premium of nearly 37% over the issue price.
Augmont Enterprises is an integrated gold and silver platform in India serving businesses and consumers, with a presence across 24 sta...
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