Khaitan & Co, JSA act on Augmont ₹825 crore IPO

Augmont Enterprises Limited has raised ₹825 crore from an initial public offer of equity shares, consisting of fresh issue aggregating up to ₹620 crore; and offer for sale by the Promoter Selling Shareholders aggregating up to ₹205 crore.

Khaitan & Co advised Augmont on this IPO.

The transaction team consists of Abhimanyu Bhattacharya (Partner), Thomas George (Partner), Prathiksha Panduranga (Principal Associate), Tharun Vadlaptla (Associate), Sanjeev Ramakrishnan (Associate), Lakshmi Raj C (Associate), Shreya Shetty GR (Associate) and Shishir Mani Tripathi (Associate).

JSA Advocates & Solicitors advised the Book Running Lead Managers Nuvama Wealth Management Limited, Intensive Fiscal Services Private Limited, JM Financial Limited, and Motilal Oswal Investment Advisors Limited, in this IPO.

The transaction was led by Arka Mookerjee (Partner), with support from Pracheta Bhattacharya (Partner), Anshu Bansal (Partner), Kairav Parikh (Partner), Associates Shreya Sharma, Palak Karundia, Aditi Khandal, Ritu R. Jaiswal and Johann Duckworth.

Augmont serves as an integrated gold platform in India, covering everything from refining to retailing, and aims to simplify gold ownership with solutions like gold loans, SIPs, and the purchase of coins and bars.  It specializes in providing 24k gold online, along with options for digital gold and silver

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