JSA advises Nuvama, Intensive Fiscal, JM Financial, and Motilal Oswal on the proposed IPO of Augmont Enterprises Limited (₹8,000 million)

  • Deal
  • October 7, 2025

JSA Advocates & Solicitors (JSA) is advising Nuvama Wealth Management Limited, Intensive Fiscal Services Private Limited, JM Financial Limited, and Motilal Oswal Investment Advisors Limited in relation to the proposed initial public offering of equity shares of Augmont Enterprises Limited aggregating to approximately ₹8,000 million. The proposed IPO comprises a fresh issue of equity shares aggregating up to ₹6,200 million and an offer for sale by the selling shareholders aggregating up to ₹1,800 million.

Augmont Enterprises Limited filed its Draft Red Herring Prospectus (DRHP) with SEBI and the stock exchanges on September 30, 2025.

The transaction is being led by Partner Arka Mookerjee, with support from the Equity Capital Markets team comprising Partner Pracheta Bhattacharya, Principal Associate Kairav Parikh, Senior Associate Vatsla Varandani, and Associates Shreya Sharma, Palak Karundia, Aditi Khandal, Ritu R. Jaiswal,Sourav Jena and Johann Duckworth.