Augmont Enterprises IPO
Listed +22.0%21–25 Aug 2026
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Our IPO analysis
What stands out in the offer document
The five questions
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1How it makes moneyWe haven't read this part of the document yet.
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2Is it growing, and is profit turning into cash?Sales grew 2.1x from 2023 to 2025 (₹31,289 cr → ₹66,231 cr). Over 3 years it made ₹347 cr of profit and brought in ₹170 cr of cash from operations.
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3How much cushion does it have?It owes ₹0.05 for every ₹1 of its own money. The line for cement / steel / metals is ₹2.5.
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4What you pay, and who gets the moneyOf every ₹100 raised, ₹23 goes to existing shareholders selling. At ₹788 you pay about ₹29 for every ₹1 of last year's profit.
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5Who controls it, and what is on record?Promoters own 93% before the IPO.
From the draft document. The final prospectus may change it.
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Latest update:
Listed at ₹961 vs ₹788 issue price (+22.0%) · Day-one close ₹908 · GMP before listing +36.2% implied, 14.2 pp above the actual open · Subscribed 105.51× (QIB 238.5× · NII 127.6× · Retail 32.5×) · Price band ₹750–₹788 · Closed 25 Aug 2026 · Listed 31 Aug 2026 (Confirmed)
How it actually listed
₹961 on open, against a ₹788 issue price +22.0%
It ended its first day at ₹908 (+15.2% against the issue price), per the NSE's price archive.
On the BSE it opened at ₹956 and closed at ₹908, per the BSE's price archive.
Before it listed, the grey market implied +36.2%. The shares opened 14.2 pp below what that implied. It pointed the right way on whether they would open above the issue price. GMP is unregulated and self-reported.
What Augmont Enterprises does
We are an integrated gold and silver platform in India serving businesses and consumers, with our presence across 24 states, as of August 31, 2025. Our operations span across multiple segments of the gold and silver value chain including procurement and refining, bullion trading, digital gold offerings, jewellery manufacturing, international sales and facilitating gold-backed financial services.
Augmont Enterprises financials
Rs crore · Annual| 2023 | 2024 | 2025 | ||
|---|---|---|---|---|
| Sales | 31,289 | 34,921 | 66,231 | |
| Operating Profit | 63 | 104 | 304 | |
| OPM % | 0.2% | 0.3% | 0.5% | |
| Net Profit | 44 | 76 | 227 | |
| Total Debt | 193 | 55 | 22 |
Augmont Enterprises IPO offer structure
Total: ₹825 cr. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.
Size and split come from a public aggregator rather than the exchange, cross-checked against a second.
Use of proceeds- Funding future working capital requirements towards procurement, maintenance and scaling up of inventory and funding advance margin requirements for procurement of inventory by our Company: ₹465 cr
- General corporate purposes
Augmont Enterprises promoters and holding
- Ketan Bhawarlal Kothari: Whole-time Director
- Mohinidevi Bhawarlal Kothari: Promoter
- Kalawati Prithviraj Kothari: Promoter
- Namita Ketan Kothari: Promoter
- Devkumari Manekchand Kothari: Promoter
Augmont Enterprises risks and strengths
- Disruptions in our information technology systems or breaches of data security could adversely affect our business and reputation. (p.25)
- Volatility in the market price of gold and silver affects the demand for our products and the valuation of our inventory. (p.25)
- We derive a substantial portion of our revenues from enterprise sales through our 'Augmont SPOT' platform and international sales. (p.25)
Augmont Enterprises market and competition
Amongst the selected organized peer list, Augmont Enterprises Ltd. is the most integrated in terms of products and services offerings. It operates two refineries with a collective capacity of 280 TPA, making it one of the most prominent organized players in India's gold refining landscape alongside MMTC-PAMP.
Augmont Enterprises IPO: common questions
When does the Augmont Enterprises IPO open and close?
The Augmont Enterprises IPO is open from 21 Aug 2026 to 25 Aug 2026.
What is the Augmont Enterprises IPO price band?
The price band is ₹750–₹788 per share.
What is the lot size and minimum investment for the Augmont Enterprises IPO?
One lot is 19 shares, and a retail application must be at least one lot. That is about ₹14,972 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.
How much is the Augmont Enterprises IPO subscribed?
As of 10 Oct 2026 the total subscription is 105.51×.
When does the Augmont Enterprises IPO list?
The listing date is 31 Aug 2026.
How do I check the Augmont Enterprises IPO allotment status?
On the allotment status page published by MUFG Intime India, this issue's registrar, and on the exchange's basis of allotment. Those are the primary sources. If the issue was oversubscribed, retail allotment was decided by lottery, so a valid application does not mean shares. We do not hold allotment data and cannot look yours up. How allotment is actually decided →
Augmont Enterprises IPO allotment status
Listed 31 Aug 2026. Allotment is decided and published by the registrar, not by us. This issue's registrar is MUFG Intime India.
Check your allotment on the registrar's own page ↗
We do not hold allotment data and cannot look yours up. If the issue was oversubscribed, retail allotment was decided by lottery, so a valid application does not mean shares. How allotment is actually decided →