Augmont Enterprises IPO has opened for subscription. The key facts about the IPO are as follows. The IPO is led by Augmont Enterprises, a fintech company that offers gold investment products. The company has raised Rs 1,500 crore through the IPO, with a price band of Rs 748 to Rs 779 per share. The IPO consists of a fresh issue of Rs 1,000 crore and an offer for sale of Rs 500 crore. The proceeds from the IPO will be used to augment the company’s capital base and for general corporate purposes. The IPO is open for subscription from August 22 to August 24, 2023. The shares of Augmont Enterprises will be listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The company has appointed Anand Rathi Securities as the lead manager to the issue. The IPO has received a subscription of 1.35 times on the first day of the issue.