India, Aug18: Augmont Enterprises Limited proposes to open the initial public offering of its equity shares of face value INR 5 each on Friday, August 21, 2026. The Anchor Investor Bidding Date is a Working Day prior to Bid/Offer Opening Date, being Thursday, August 20, 2026. The Bid/Offer Closing Date is Tuesday, August 25, 2026.
The Price Band of the Offer has been fixed from ₹ 750 per Equity Share of face value ₹ 5 each to ₹788 per Equity Share of face value of ₹5 each. Bids can be made for a minimum of 19 Equity Shares of face value ₹5 each and multiples of 19 Equity Shares of face value ₹ 5 each thereafter. The floor price and the cap price are 150.00 times and 157.60 times the face value of the Equity Shares, respectively. The Price to Earnings Ratio based on basic and diluted EPS for Fiscal 2026 for the Company at the lower end of the price band is 18.54 times and at the upper end of the price band is 19.48 times. The Weighted Average Return on Net Worth for the last three fiscal years is 55.25%.
The ₹825 crores Offer comprises a fresh issue of Equity Shares of face value ₹5 each aggregating up to ₹620 crores and an offer for sale of Equity Shares of face value ₹5 each aggregating up to ₹205 Crores by certain existing shareholders including Equity Shares of face value ₹5 each aggregating up to ₹69.4 crores by Namita Ketan Kothari, Equity Shares of face value ₹5 each aggregating up to ₹69.4 crores by Vivek Prithviraj Kothari and Equity Shares of face value ₹5 each aggregating up to ₹66.2 crores by Dimple Mukesh Kothari. The Offer also comprises of a reservation of such number of Equity Shares aggregating up to ₹ 4 crores for purchase by eligible employees of the Company.
The Offer is being made through the Book Building Process, in terms of Rule 19(2)(b) of the SCRR read with Regulation 31 of the SEBI ICDR Regulations and in compliance with Regulation 6(1) of the SEBI ICDR Regulations, wherein in accordance with Regulation 32(1) of the SEBI ICDR Regulations not more than 50% of the Net Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyer, provided that our Company, in consultation with the Book Running Lead Managers, may allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis in accordance with SEBI ICDR Regulations. 33.33% of the Anchor Investor Portion shall be reserved for domestic Mutual Funds and 6.67% shall be reserved for life insurance companies and pension funds, subject to valid Bids being received from the domestic mutual funds, life insurance companies and pension funds at or above the Anchor Investor Allocation Price, in accordance with the SEBI ICDR Regulations. In the event of any under-subscription in the shares reserved for life insurance companies and pension funds may be allocated to domestic Mutual Funds. In the event of under-subscription, or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the remaining QIB Portion.
Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIBs (other than Anchor Investors), including Mutual Funds, subject to valid Bids being received at or above the Offer Price. However, if the aggregate demand from Mutual Funds is less than 5% of the Net QIB Portion, the balance Equity Shares available for will be added to the remaining Net QIB Portion for proportionate allocation to QIBs. Further, not less than 15% of the Net Offer shall be available for allocation to non-institutional investors in accordance with the SEBI ICDR Regulations, out of which (a) one-third of such portion shall be reserved for Bidders with application size of more than ₹0.20 million and up to ₹1.00 million; and (b) two-thirds of such portion shall be reserved for Bidders with application size of more than ₹1.00 million, provided that the unsubscribed portion in either of such sub-categories may be allocated to Bidders in the other sub-category of non-institutional investors.
Further, not less than 35% of the Net Offer shall be available for allocation to Retail Individual Investors in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Offer Price. Further, Equity Shares will be allocated on a proportionate basis to Eligible Employees applying under the Employee Reservation Portion, subject to valid Bids received from them at or above the Offer Price. All potential Bidders, other than Anchor Investors, are mandatorily required to participate in the Offer through the Application Supported by Blocked Amount process by providing details of their respective ASBA Account and UPI ID in case of UPI Bidders, as applicable, pursuant to which the corresponding Bid Amount, which will be blocked by the Self Certified Syndicate Banks or the Sponsor Bank under the UPI Mechanism, as the case may be, to the extent of their respective Bid Amounts. Anchor Investors are not permitted to participate in the Anchor Investor Portion through the ASBA process.
The Equity Shares are proposed to be listed on the National Stock Exchange of India Limited and BSE Limited . For the Offer, NSE shall be the Designated Stock Exchange.
Nuvama Wealth Management Limited, Intensive Fiscal Services Private Limited, JM Financial Limited and Motilal Oswal Investment Advisors Limited are the Book Running Lead Managers to the Offer.
