Augmont Enterprises IPO
Augmont Enterprises IPO was a Mainboard book-built issue of ₹825 crore, comprising a Fresh Issue of ₹620 crore and an Offer for Sale of ₹205 crore. The price band was ₹750 to ₹788 per share, with a lot size of 19 shares.
Augmont Enterprises IPO Details
Augmont Enterprises IPO opened for public subscription on August 21, 2026 and closed on August 25, 2026. The basis of allotment was finalized on August 27, refunds were initiated on August 28, shares were credited to Demat accounts on August 28, and the shares were scheduled to be listed on BSE and NSE on August 31, 2026.
Augmont Enterprises IPO GMP
The latest reported Augmont Enterprises IPO GMP around the allotment period was approximately ₹315 against the ₹788 issue price, indicating an unofficial estimated price of around ₹1,103. GMP is unofficial and does not guarantee the actual listing price.
Augmont Enterprises IPO Timeline (Tentative)
Augmont Enterprises IPO opened on August 21, 2026 and closed on August 25, 2026. The basis of allotment was finalized on August 27, refunds were initiated on August 28 and shares were credited to Demat accounts on August 28. The listing on BSE and NSE was scheduled for August 31, 2026.
| Event | Tentative Date |
|---|---|
| IPO Open Date | Fri, Aug 21, 2026 |
| IPO Close Date | Tue, Aug 25, 2026 |
| Basis of Allotment | Thu, Aug 27, 2026 |
| Initiation of Refunds | Fri, Aug 28, 2026 |
| Credit of Shares to Demat | Fri, Aug 28, 2026 |
| Listing Date | Mon, Aug 31, 2026 |
| IPO Opens | August 21, 2026 |
| IPO Closes | August 25, 2026 |
| Basis of Allotment | August 27, 2026 |
| Refund Initiation | August 28, 2026 |
| Credit of Shares to Demat | August 28, 2026 |
| Listing Date | August 31, 2026 |
Augmont Enterprises IPO Lot Size
The Augmont Enterprises IPO lot size was 19 shares. At the upper price band of ₹788 per share, one lot required an investment of ₹14,972. Retail investors could apply for up to 13 lots, or 247 shares, amounting to ₹1,94,636.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 19 | 14,972 |
| Retail (Max) | 13 | 247 | 1,94,636 |
| S-HNI (Min) | 14 | 266 | 2,09,608 |
| S-HNI (Max) | 66 | 1,254 | 9,88,152 |
| B-HNI (Min) | 67 | 1,273 | 10,03,124 |
Augmont Enterprises IPO Reservation
The Augmont Enterprises IPO followed the standard allocation framework with 50% of the Net Offer reserved for Qualified Institutional Buyers, 15% for Non-Institutional Investors and 35% for Retail Individual Investors. An employee reservation portion was also included in the offer.
Augmont Enterprises IPO Subscription
Augmont Enterprises IPO received 105.78x overall subscription by the close of bidding on August 25, 2026. The QIB portion was subscribed 226.96x, NII 121.47x and Retail Individual Investors 30.98x.
| Category | Subscription (times) |
|---|---|
| QIB | 226.96x |
| NII | 121.47x |
| RII | 30.98x |
| Total | 105.78x |
About Augmont Enterprises
Augmont Enterprises Limited, incorporated in 2012, operates as an integrated gold and silver platform serving businesses and consumers in India and international markets. Its operations cover several parts of the precious metals value chain, including procurement and refining, bullion trading, digital gold and silver, jewellery manufacturing and international sales.
The company provides products and services through both online and offline channels. Its business is supported by platforms including Augmont SPOT for enterprise and international customers and Augmont Gold For All for consumer-focused offerings.
Augmont Enterprises serves both institutional and retail customers and has developed capabilities across physical and digital precious-metal products. As of August 31, 2025, the company had a presence across 24 states in India.
The company also provides technology support for gold-backed financial services and operates across multiple activities connected with gold and silver, including refining, bullion, jewellery and digital offerings.
Strengths
- Integrated presence across the gold and silver value chain.
- Diversified business covering physical and digital precious-metal products.
- Combination of online and offline distribution channels.
- Established presence across multiple Indian states.
- Technology-enabled platforms supporting enterprise and consumer businesses.
- Strong growth in revenue and profitability over FY2024-FY2026.
Risks to Consider
- The business is exposed to fluctuations in gold and silver prices.
- Precious-metals trading is a high-volume, relatively low-margin business.
- Changes in customer demand and market conditions can affect operating performance.
- The company requires significant working capital for procurement and inventory.
- Its business is subject to regulatory requirements applicable to precious metals and related activities.
- Competition from other precious-metal businesses may affect margins and market share.
Augmont Enterprises Financials (₹ Cr)
Augmont Enterprises reported strong growth in total income and PAT between FY2024 and FY2026. Total income increased from ₹34,948.90 crore in FY2024 to ₹66,252.05 crore in FY2025 and ₹94,282.47 crore in FY2026. PAT increased from ₹75.97 crore to ₹227.19 crore and ₹348.30 crore.
| Period | Revenue | PAT | Total Assets | Net Worth |
|---|---|---|---|---|
| FY2024 | 34,948.90 | 75.97 | 760.29 | 204.87 |
| FY2025 | 66,252.05 | 227.19 | 1,857.31 | 422.94 |
| FY2026 | 94,282.47 | 348.30 | 1,256.98 | 926.87 |
KPIs & Valuation
At the upper IPO price band of ₹788, Augmont Enterprises had a pre-issue P/E of approximately 18.89x based on pre-issue EPS of ₹41.71. The post-issue EPS was ₹38.12, resulting in a post-issue P/E of approximately 20.67x. FY2026 RoNW was 49.52%, while NAV was ₹111 per share.
Objects of the Issue
The Fresh Issue proceeds are proposed to be used primarily to fund future working capital requirements relating to procurement, maintenance and scaling up of inventory, including advance margin requirements for inventory procurement. The remaining proceeds are proposed to be used for general corporate purposes.
- The company proposed to utilise the IPO proceeds for:
- Funding future working capital requirements towards procurement, maintenance and scaling up of inventory and funding advance margin requirements for procurement of inventory by the company – ₹465 crore.
- General corporate purposes.
Promoters, Lead Managers & Registrar
Augmont Enterprises Limited is promoted by Ketan Bhawarlal Kothari, Mohinidevi Bhawarlal Kothari, Kalawati Prithviraj Kothari, Namita Ketan Kothari, Devkumari Manekchand Kothari, Manakchand Saremal Kothari, Vivek Prithviraj Kothari, Dimple Mukesh Kothari and Dimpal Vivek Kothari. The Book Running Lead Managers were Intensive Fiscal Services Private Limited, JM Financial Limited, Motilal Oswal Investment Advisors Private Limited and Nuvama Wealth Management Limited. MUFG Intime India Private Limited acted as the Registrar to the Issue.
Promoters
Lead Managers (BRLM)
Registrar
| Name | MUFG Intime India Private Limited |
|---|---|
| Phone | +91 810 811 4949 |
| augmont.ipo@in.mpms.mufg.com | |
| Website | https://in.mpms.mufg.com/ |
Augmont Enterprises IPO Review
Augmont Enterprises reported significant growth in revenue and profitability during FY2024-FY2026. Revenue increased from ₹34,948.90 crore in FY2024 to ₹66,252.05 crore in FY2025 and ₹94,282.47 crore in FY2026. PAT increased from ₹75.97 crore to ₹227.19 crore and ₹348.30 crore during the same period.
The company's business model covers multiple activities in the gold and silver ecosystem, including procurement, refining, bullion trading, digital precious metals and jewellery manufacturing. This provides exposure to different segments of the precious-metals market.
The company maintained a low debt-to-equity ratio of 0.01 as of March 31, 2026. Total borrowings declined from ₹54.86 crore in FY2024 to ₹21.54 crore in FY2025 and ₹12.67 crore in FY2026.
At the upper IPO price of ₹788, the reported pre-issue EPS was ₹41.71, resulting in a pre-issue P/E of approximately 18.89x. The post-issue EPS was ₹38.12, resulting in a post-issue P/E of approximately 20.67x.
How to Apply
Augmont Enterprises IPO applications could be made through the ASBA process, including UPI-supported applications. The minimum application consisted of one lot of 19 shares, requiring ₹14,972 at the upper price band of ₹788.
Through UPI
- Log in to your stockbroker app or website.
- Go to the IPO section.
- Select Augmont Enterprises IPO.
- Enter the number of lots you want to apply for.
- Select the applicable bid price or Cut-off option where permitted.
- Enter your valid UPI ID.
- Submit the IPO application.
- Open your UPI app when the mandate request arrives.
- Approve the mandate using your UPI PIN.
- The application amount will be blocked in your bank account. If shares are allotted, the required amount will be debited; otherwise, the blocked amount will be released.
Prospectus & Documents
Investors can refer to the company's RHP and Prospectus for detailed information regarding its business, financial performance, risk factors, capital structure, objects of the issue and other IPO disclosures. The RHP was filed with SEBI on August 18, 2026, and the Prospectus was subsequently filed on August 27, 2026.
Last updated Aug 29, 2026.