Augmont Enterprises

** Shares of Augmont Enterprises AUGM.NS fall about 2% to 867.45 rupees

** Investment banking and brokerage services platform's June-quarter consolidated net profit drops 15.3% year-on-year

** Revenue, expenses jump about 30% y/y each

** This marks co's first reported earnings since listing on August 31

** Stock down nearly 10% since debut

($1 = 95.7700 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))

** Shares of Augmont Enterprises AUGM.NS fall 4.4% to 918.85 rupees in trading debut, valuing company at 83.96 bln rupees ($882.1 mln)

** Stock opened at 961 rupees, 22% higher than the IPO issue price of 788 rupees

** Gold and silver platform's 8.25-bln-rupee IPO, which comprised fresh shares issue as well as sale of shares by existing shareholders, was subscribed nearly 106x

** Proceeds from IPO to be used towards procurement, maintenance and scaling up of inventory and funding advance margin requirements for procurement of inventory

** Trading volume at 15.5 mln shares so far

($1 = 95.1800 Indian rupees)

(Reporting by Vijay Malkar)

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