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05 Mar, 2026
Augmont Enterprises IPO
The Augmont Enterprises IPO is a book-built issue comprising a fresh issue of worth up to ₹620 crore and an offer for sale (OFS) of ₹180 crore, with a face value of ₹5 per share. The company has filed its DRHP with SEBI on September 30, 2025.
The price band and official dates of subscription and listing will be announced by the company later, but the equity shares are proposed to be listed on the BSE and the NSE. The book-running lead managers (BRLMs) of the issue are Nuvama Wealth Management Ltd., Intensive Fiscal Services Ltd., JM Financial Ltd. and Motilal Oswal Investment Advisors Ltd., while the registrar to the issue is MUFG Intime India Private Ltd.
Company Background
Augmont Enterprises Ltd. was incorporated on October 31, 2012, under the name "RSBL Spot Trading Private Limited." In 2015, the company changed its name to "Augmont Enterprises Private Limited" to reflect the expansion into new markets and services beyond spot trading. Currently, the company is incorporated as a public limited company (May 2025) to proceed with its IPO journey. The business now includes the refining, manufacturing, and distribution of gold and silver products.
Operations & Product Range
Augmont Enterprises Ltd. provides an integrated ecosystem for precious metals, catering to diverse customers from retail end-users to institutional clients. Key products include:
- • Gold & Silver Refining: Refinement of raw precious metals into high-quality bars and coins.
- • Minted Products: Manufacturing coins and bars of various denominations for retail sale.
- • Digital Gold: Facility for buying, selling, and holding precious metals in digital form.
- • DigiGold & Gold Loans: Financial services related to precious metals.
Facilities & Capacity
Augmont Enterprises Ltd. supports its manufacturing and refining operations with strategically located facilities. The corporate office is in Mumbai, and the company maintains refining and storage infrastructure. The IPO proceeds aim to scale refinery capacity and enhance technology infrastructure for digital products.
Brands & Market Presence
Augmont Enterprises Ltd. trades under the brand name 'Augmont' and has established itself as one of the largest bullion networks in India, operating across 24 states. The company reported a turnover of over ₹8,263 crore, serving both wholesale and retail markets through an integrated value chain.
Revenue Streams & Business Model
Augmont Enterprises Ltd. generates revenue through bullion trading, refining services, jewelry manufacturing, and digital precious metals products. FY25 revenue stood at ₹66,230.78 crore. The business model includes procurement of precious metals, refining, and distribution through various channels such as wholesale and retail outlets.
Management & Shareholding
The promoter group comprises key directors who helped build the integrated precious metals platform. Prior to the IPO, promoters held 56.3% as of September 30, 2025. Post-IPO, the promoter group will cease to hold any shares in the company.
Board & Key Management
The board of directors includes Mahendra Kumar Nemichand Bafna, Sachin Kothari, Suhas Narayan Sahakari, Amitkumar Amritlal Solanki, Cavale Narayanarao Raghupathi, among others, ensuring corporate governance and strategic oversight.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Augmont Enterprises IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Augmont Enterprises IPO Details
| Detail | Description |
|---|---|
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹5 per Equity Share |
| Issue Price Band | [.] |
| Lot Size | [.] |
| Sale Type | Book Built Offer |
| Total Issue Size | Up to ₹800.00 Cr (₹8000.00 million) |
| Fresh Issue(Ex Market Maker) | Up to ₹620.00 Cr (₹6200.00 million) |
| Offer for Sale | [.] shares of ₹5 (agg. up to ₹180 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 8,35,05,486 shares |
Augmont Enterprises IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | [.] |
| IPO Close Date | [.] |
| Tentative Allotment | [.] |
| Initiation of Refunds | [.] |
| Credit of Shares to Demat | [.] |
| Tentative Listing Date | [.] |
| Cut-off time for UPI mandate confirmation | 5:00 p.m. on the Bid/Offer Closing Date |
Augmont Enterprises IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | [.] | ~₹14,000 - ₹15,000 |
| Individual investors (Retail) (Max) | 13-14 | [.] | Up to ₹2,00,000 |
| S-HNI (Min) | 14-15 | [.] | Over ₹2,00,000 |
| S-HNI (Max) | 66-70 | [.] | Up to ₹10,00,000 |
| B-HNI (Min) | 71+ | [.] | Over ₹10,00,000 |
Augmont Enterprises IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 93.38% |
| Promoter Holding Post Issue | [.] |
Competitive Strength:
- • Better control over margins and quality is made possible by the integrated value chain, which spans manufacturing, digital distribution and refining.
- • Early Mover in Digital Gold One of the pioneers in India’s digital gold space, it leverages technology to make gold investment accessible to the masses.
- • Diverse Product Portfolio Offers everything from physical bullion to digital accumulation plans and gold-linked financial services.
Augmont Enterprises IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2025 (Mar 31) | 1,859.48 | 66,252.05 | 227.19 | 422.94 | 398.46 | 21.54 | ||||||||||||||||||||||||||||||||||
| FY 2024 (Mar 31) | 760.29 | 34,948.90 | 75.97 | 204.87 | 180.39 | 54.86 | ||||||||||||||||||||||||||||||||||
| FY 2023 (Mar 31) | 792.37 | 31,307.16 | 43.69 | 130.24 | 105.76 | 192.89 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 74.19% |
| ROCE | 70.10% |
| Debt/Equity | 0.05x |
| RoNW | 69.47% |
| PAT Margin | 0.34% |
| EBITDA Margin | 0.46% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ₹26.89 | [.] |
| P/E (x) | [.] | [.] |
IPO Objectives
The company intends to use the Augmont Enterprises IPO for several strategic goals:
- • Funding working capital requirements
- • Expansion and modernization of refining facilities
- • Investment in digital platform and brand-building activities
- • General corporate purposes
Conclusion
The Augmont Enterprises IPO presents an opportunity to invest in a company bridging conventional gold refining and digital investment solutions. With its integrated business model and brand recognition in the "DigiGold" space, the company is positioned to benefit from the growing formalization of India's gold market.
IPO DRHP Status
| # | Description | Date | File |
|---|---|---|---|
| 1 | Filed with SEBI/Exchange | 30-09-2025 | View DRHP |
| 2 | SEBI/Exchange approval received | - | - |
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Read More IPO ReviewsFrequently Asked Questions (FAQs)
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What is the total size of the Augmont Enterprises IPO?
The total size of the offer is up to ₹800 crore, which includes a fresh issue of ₹620 crore and an offer for sale of ₹180 crore.
-
Who are the main promoters of Augmont Enterprises Ltd.?
The company has several promoters from the Kothari family, including Ketan Bhawarlal Kothari, Vivek Prithviraj Kothari and others.
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What is the face value of the shares in the Augmont Enterprises IPO?
The equity shares have a face value of ₹5 per share.
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Where will the Augmont Enterprises IPO be listed?
The shares are supposed to be listed on the BSE and the NSE platforms.
-
What is the core business of Augmont Enterprises Ltd.?
The company is primarily involved in refining gold and silver, manufacturing minted products and providing a digital gold platform for retail and institutional customers.
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Who is the registrar for the Augmont Enterprises IPO?
The registrar of the offer is MUFG Intime India Private Ltd.
