Augmont Enterprises has raised Rs 246.29 crore from 14 anchor investors ahead of its IPO, allotting 31.25 lakh shares at Rs 788 each. Mutual funds accounted for 44.27% of the anchor allocation. The Rs 825-crore IPO, comprising a fresh issue of Rs 620 crore and OFS of Rs 205 crore, opens August 21.

Augmont Enterprises secured Rs 246.3 crore from anchor investors before its upcoming IPO. The company will open its initial public offering for subscription on August 21. Augmont…

Augmont Enterprises plans a ₹620 crore IPO to fund working capital needs. The company's promoter stake will decrease significantly after the initial public offering. Over ninety…

₹825-crore issue includes ₹620-crore fresh issue; company raised ₹246.29 crore from 14 anchor investors