Augmont Enterprises plans a ₹620 crore IPO to fund working capital needs. The company’s promoter stake will decrease significantly after the initial public offering. Over ninety percent of revenue originates from the Augmont SPOT platform, indicating concentration. Financials show strong growth, but a cash flow deficit occurred in FY26. Investors with a high-risk appetite may consider this initial public offering.
Apollo Micro Systems shares rally 9% as Q2 net profit jumps 56% YoY
Apollo Micro Systems has reported an impressive rise in Q2 earnings, with net profit soaring by 56% compared to last year. Revenues spiked 72%, hitting