by Suman Gupta
MUMBAI, NATIONAL, 18 AUGUST, 2026 : Integrated gold and silver platform Augmont Enterprises Ltd is set to launch its initial public offering (IPO) on August 21, seeking to raise Rs 825 crore at a price band of Rs 750 – Rs 788 per equity share.
The IPO will comprise a fresh issue of shares worth Rs 620 crore and an offer for sale (OFS) of shares worth Rs 205 crore by promoters, according to the company’s public announcement on Tuesday.The offer-for-sale size has been increased from Rs 180 crore, while there has been no change in the fresh issue component when comparing the RHP with the DRHP.
The OFS will be undertaken by promoters Namita Ketan Kothari, Vivek Prithviraj Kothari and Dimple Mukesh Kothari.
Interacting with the media the management team alongwith the investment bankers present during the announcement were: 1.SIDDHARTH SHAH, EXECUTIVE DIRECTOR, NUVAMA WEALTH MANAGEMENT LIMITED; 2.SACHIN G KOTHARI, NON-EXECUTIVE DIRECTOR,
AUGMONT ENTERPRISES LIMITED; 3. KETAN KOTHARI, WHOLE-TIME DIRECTOR, AUGMONT ENTERPRISES LIMITED; 4. MAHENDRA KUMAR NEMICHAND BAFNA, WHOLE-TIME DIRECTOR, AUGMONT ENTERPRISES LIMITED; 5. D.K. SURANA, MANAGING DIRECTOR, INTENSIVE FISCAL SERVICES PRIVATE LIMITED; 6. DILIPKUMAR DUBE, DIRECTOR, JM FINANCIAL LIMITED
The anchor investor bidding will take place on August 20, while the public issue will close on August 25.At the upper end of the price band, the company will have a post-issue market capitalisation of around Rs 7,200 crore.
The company is likely to finalise the IPO share allotment by August 27, while its equity shares are expected to begin trading on the stock exchanges on August 31.As told to our Newsman Sachin Murdeshwar The company plans to use the IPO proceeds primarily to fund its future working capital needs, including procurement and expansion of inventory, inventory maintenance and advance margin requirements for purchasing inventory and for general corporate purposes.
Shares worth up to Rs 4 crore have been reserved for the company’s employees. Half of the net offer size, excluding the employees’ portion, has been allocated to qualified institutional buyers (QIBs), while 35 percent of the shares have been set aside for retail investors and the remaining 15 percent for non-institutional investors (NIIs).
The minimum bid is for 19 equity shares, and investors can bid in multiples of 19 shares thereafter. Accordingly, the minimum investment for retail investors in the offer would be Rs 14,972, while the maximum investment would be Rs 1,94,636.
Augmont Enterprises operates an integrated gold and silver platform serving businesses and consumers across 24 states. Its operations span gold and silver value-chain activities, including procurement and refining, bullion trading, digital gold offerings, jewellery manufacturing, financial services, and related technology platforms.
The company’s two online platforms, Augmont SPOT and Augmont Gold For All, generated combined revenue of Rs 84,762.62 crore in FY26, accounting for 90 per cent of revenue from operations, compared with Rs 56,523.26 crore in FY25 and Rs 32,477.87 crore in FY24.
The company plans to list its equity shares on both BSE and NSE on August 31.
Augmont Enterprises operates 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. The company operates through two business verticals: enterprise sales, through the Augmont SPOT platform, and international sales; and consumer-focused offerings through the Augmont Gold For All platform and offline channels.
Nuvama Wealth Management, Intensive Fiscal Services, JM Financial and Motilal Oswal Investment Advisors have been appointed as the merchant bankers for managing the Augmont Enterprises IPO.
