Augmont Poised to File for Rs 1,000 Crore IPO, Marking Digital Gold Platform's Market Debut 44 minutes ago
Digital gold trading platform Augmont is preparing to file its draft red herring prospectus (DRHP) with SEBI by month-end for an IPO of approximately Rs 1,000 crore. The IPO will include fresh share issues and an offer for sale by existing shareholders. JM Financial, Nuvama, and Motilal Oswal are appointed as book-running lead managers. The IPO signifies growing interest in digital gold trading services in India and could impact the fintech and digital asset sectors.
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