Augmont Enterprises IPO to Open on August 21; ₹825-Crore Issue at ₹750–788 Per Share
Augmont Enterprises Sets August 21 for ₹825-Crore IPO, Eyes Growth Through Gold’s Phygital Ecosystem
Integrated gold and silver platform targets investors with strong growth, high return ratios and a near debt-free balance sheet
Bilkul Bazaar
Ahmedabad
Augmont Enterprises Limited is set to open its Initial Public Offering (IPO) on August 21, 2026, with the issue closing on August 25, 2026. The company has fixed a price band of ₹750 to ₹788 per equity share for its ₹825-crore public issue. Raghav Agarwal, Investor Relations Associate, and Ketan B Kothari, Director, Augmont Enterprises, were in Ahmedabad on August 19 to discuss the IPO. They were accompanied by Shrenik Surana, Senior Manager, Intensive Fiscal Services.
The ₹825-crore IPO comprises a fresh issue of ₹620 crore and an offer for sale (OFS) of ₹205 crore by existing shareholders. The company will also reserve equity shares worth up to ₹4 crore for eligible employees. The anchor investor bidding is scheduled for August 20.
The equity shares are proposed to be listed on the NSE and BSE, with NSE serving as the designated stock exchange. Nuvama Wealth Management, Intensive Fiscal Services, JM Financial and Motilal Oswal Investment Advisors are the book-running lead managers to the issue.
Strong Financial Performance
Augmont Enterprises operates as an integrated gold and silver platform, with its business spanning precious-metal refining, bullion trading and digital gold and silver services.
According to the information shared by the company representatives during their Ahmedabad interaction, the company recorded 42.2% growth in revenue and 53.3% growth in profit after tax (PAT) in FY26, with PAT reaching ₹348.30 crore.
The company highlighted its strong financial profile, including a debt-to-equity ratio of just 0.01, ROE of 51.04% and ROCE of 40.27%.
The official IPO release states that the weighted average return on net worth for the last three fiscal years stood at 55.25%. At the IPO price band, the P/E based on FY26 basic and diluted EPS works out to 18.54 times at the floor price and 19.48 times at the cap price.
“Strong Financial Position and Growth Trajectory”
Speaking in Ahmedabad on August 19, Raghav Agarwal, Investor Relations Associate, Augmont Enterprises, highlighted the company’s almost debt-free balance sheet, high return ratios and diversified business ecosystem.
He said the company’s integrated presence across refining, bullion trading and digital gold gives it multiple avenues for growth while its technology-led platforms help connect the physical and digital sides of the precious-metals market.
Augmont’s ecosystem includes more than 49.62 million registered consumers, according to the company.
Dual-Platform “Phygital” Model
Ketan B Kothari, Director, Augmont Enterprises, highlighted the company’s dual-platform business model, which serves both institutional and retail customers.
Augmont SPOT: B2B Bullion Platform
Augmont SPOT is the company’s B2B platform for bullion trading. The company describes it as India’s first fully electronic, over-the-counter, delivery-based bullion trading system.
The platform has more than 5,200 registered members, including jewellers, dealers and manufacturers. It provides real-time price discovery and physical delivery through 20 spot delivery centres across 13 states.
Gold For All: B2C Digital Gold Platform
On the consumer side, Augmont Gold For All combines digital technology with physical precious metals in what the company describes as a “phygital” model.
Consumers can buy, sell and store digital gold and silver, start systematic investment plans with amounts as low as ₹10, and redeem their holdings for physical coins, bars or jewellery.
The platform has more than 49.6 million registered consumers, giving Augmont a sizeable consumer base in India’s rapidly evolving digital precious-metals market.
Fresh Capital to Strengthen Growth
Of the ₹825-crore issue, the ₹620-crore fresh issue will provide capital to the company, while ₹205 crore will be raised through the offer for sale by existing shareholders. The largest OFS components include shares worth up to ₹69.4 crore each from Namita Ketan Kothari and Vivek Prithviraj Kothari, and up to ₹66.2 crore from Dimple Mukesh Kothari.
The company is positioning the IPO as an opportunity to participate in an integrated precious-metals business that combines physical bullion infrastructure, technology-led trading and digital consumer platforms.
IPO at a Glance
| Particulars | Details |
| Company | Augmont Enterprises Limited |
| IPO Size | ₹825 crore |
| Fresh Issue | ₹620 crore |
| Offer for Sale | ₹205 crore |
| Price Band | ₹750–₹788 per share |
| Face Value | ₹5 per share |
| Lot Size | 19 shares |
| Minimum Investment at Upper Band | ₹14,972 |
| Anchor Bidding | August 20, 2026 |
| IPO Opens | August 21, 2026 |
| IPO Closes | August 25, 2026 |
| Listing | NSE and BSE |
| Designated Stock Exchange | NSE |
| Lead Managers | Nuvama Wealth Management, Intensive Fiscal Services, JM Financial, Motilal Oswal Investment Advisors |
The company said the IPO is being made through the book-building process, with the issue carrying reservations for qualified institutional buyers, non-institutional investors, retail investors and eligible employees in accordance with applicable SEBI regulations.
For investors, Augmont’s combination of strong profitability, high return ratios, minimal leverage and a large physical-plus-digital precious-metals ecosystem will be key factors to watch as the IPO opens for subscription on August 21.
Disclaimer: This article is for information purpose only and is not investment advice. Please read the IPO documents carefully before investing.