"Augmont Proposes ₹800 Crore IPO to Enhance Gold Ownership in India"

In the recent transaction involving Augmont Enterprises Limited's proposed initial public offer (IPO), the law firms Khaitan & Co and JSA Advocates & Solicitors played significant roles. Khaitan & Co advised Augmont on the IPO, while JSA provided counsel to the Book Running Lead Managers, which include Nuvama Wealth Management Limited, Intensive Fiscal Services Private Limited, JM Financial Limited, and Motilal Oswal Investment Advisors Limited. Augmont Enterprises Limited has proposed an IPO of equity shares totaling up to ₹800 crore, which includes a fresh issue of up to ₹620 crore and an offer for sale by the Promoter Selling Shareholders amounting to ₹180 crore. Augmont operates as an integrated gold platform in India, offering services that range from refining to retailing, and aims to simplify gold ownership through various solutions such as gold loans, systematic investment plans (SIPs), and the purchase of gold coins and bars. The transaction team from Khaitan & Co includes: - Abhimanyu Bhattacharya (Partner) - Thomas George (Partner) - Prathiksha Panduranga (Principal Associate) - Tharun Vadlaptla (Associate) - Sanjeev Ramakrishnan (Associate) - Lakshmi Raj C (Associate) - Shreya Shetty GR (Associate) - Shishir Mani Tripathi (Associate) The team from JSA Advocates & Solicitors consists of: - Arka Mookerjee (Partner) - Pracheta Bhattacharya (Partner) - Kairav Parikh (Principal Associate) - Vatsla Varandani (Senior Associate) - Shreya Sharma (Associate) - Palak Karundia (Associate) - Aditi Khandal (Associate) - Ritu R. Jaiswal (Associate) - Sourav Jena (Associate) - Johann Duckworth (Associate)

"Augmont Proposes ₹800 Crore IPO to Enhance Gold Ownership in India"

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