Augmont Enterprises IPO

The Augmont Enterprises mainboard IPO runs from 21 Aug 2026 to 25 Aug 2026, offered at a price band of ₹750–788 per share, and is set to list on NSE and BSE. The company is looking to raise ₹825 crore through the offer. Retail investors bid in lots of 19 shares, a minimum application of ₹14,972.

Issue structure

The offer combines a fresh issue of ₹620 crore with an offer for sale (OFS) of ₹205 crore by existing shareholders. Money raised through the fresh issue goes to the company for its stated objects, while OFS proceeds go to the selling shareholders rather than the business.

Objects of the issue

Per the offer document, the company intends to deploy the net proceeds primarily toward 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), alongside general corporate purposes.

Financials

In FY2026, Augmont Enterprises reported revenue of ₹94,282.47 crore and a net profit of ₹348.3 crore. Revenue grew from ₹34,948.9 crore in FY2024 to ₹94,282.47 crore in FY2026 (+170.0%). Net worth stood at ₹926.87 crore at the end of FY2026. At the upper band, that puts the issue at roughly 18.9× FY2026 earnings (P/E), a figure worth comparing against listed peers in the sector.

Valuation

At the upper band, the issue is priced at 20.67× post-issue earnings and 7.1× book value, against a return on net worth of 49.52% and a debt-to-equity ratio of 0.01. These ratios come from the offer document and are for comparison, not a recommendation.

Promoters

The promoters of the company are <p>Ketan Bhawarlal Kothari, Mohinidevi Bhawarlal Kothari, Kalawati Prithviraj Kothari, Namita Ketan Kothari, Devkumari Manekchand Kothari, Manakchand Saremal Kothari, Vivek Prithviraj Kothari, Dimple Mukesh Kothari, Dimpal Vivek Kothari</p>. Promoter holding stands at 92.75% before the issue and comes down to 81.91% after listing.

Grey market premium (GMP)

In the unofficial grey market, Augmont Enterprises shares are quoted at a premium of ₹380 implying an expected listing around ₹1,168, about +48.2% over the upper band. Grey market premium is a sentiment indicator set by private dealers, not the company or the exchange — it moves quickly and is not a reliable predictor of the actual listing price.

Subscription

The Augmont Enterprises IPO was subscribed 2.88 times overall. The strongest demand came from non-institutional investors (NII) at 4.18 times, with qualified institutional buyers (QIB) at 1.85× and retail investors at 2.94×.

What to weigh

When evaluating the Augmont Enterprises IPO, the data points most investors look at are the fresh-issue-versus-OFS split, the revenue and profitability trend, subscription demand across investor categories and the grey market premium. Grey market premium and subscription figures reflect short-term sentiment rather than long-term fundamentals; the figures on this page are for information only and are not investment advice.

About Augmont Enterprises

Incorporated in 2012, Augmont Enterprises Ltd. is engaged in the business of precious metals, primarily focusing on gold and silver. It operates across the value chain, offering services such as refining, minting, trading, and selling bullion in physical and digital formats. The company also provides investment products like digital gold, enabling customers to buy and accumulate gold through online platforms. The company offers integrated gold and silver platform in India serving businesses and consumers, with a presence across 24 states, as of August 31, 2025. Augmont caters to both retail and institutional clients through its distribution network, bullion bars, coins, and customized offerings. With a strong emphasis on quality and transparency, it has positioned itself as a trusted name in the bullion and gold investment ecosystem. Competitive Strengths: Deep domain knowledge of the gold and silver industry with an integrated model and a well-established brand. Diversified business model with synergies in operations. Efficient procurement operations and a wide distribution network. Scalable technology enabled ecosystem with robust price discovery mechanism. Track record of consistent financial performance.