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.
Arka’s practice area involves equity capital markets issuances which covers a wide range of products, such as Initial Public Offerings, Rights Issues, Qualified Institutions Placements, Initial Public Offering of Infrastructure Trusts and foreign currency convertible bonds.