Augmont Enterprises
Augmont Enterprises is a comprehensive precious metals player specializing in the gold and silver value chain. The company provides integrated services including refining, bullion making, trading, and selling physical and digital precious metals to both retail and corporate clients.
Price Band
₹750 - ₹788
Lot Size
19 Shares
Issue Size
₹825.00 Cr
Fresh Issue
₹620.00 Cr
OFS
₹205.00 Cr
Registrar
AI Sentiment Score
Listing Price
₹961.00
vs Issue: ₹788 (+21.95%)
📅 IPO Timeline
✓
Open
Aug 21, 2026
✓
Close
Aug 25, 2026
✓
Allotment
Aug 27, 2026
✓
Refund
Aug 28, 2026
✓
Demat
Aug 28, 2026
✓
Listing
Aug 31, 2026
📈 Grey Market Premium (GMP) Trendline
Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
Augmont Enterprises displays an established operational footprint with expanding revenue streams (45.6% CAGR) and a defensible value proposition.
💪 Strengths
- Demonstrated operational revenue trajectory with resilient top-line growth (45.6% CAGR).
- Established customer relationships and market position across target industry sectors.
- Sound operational capital returns with Return on Capital Employed (ROCE) at 68.5%.
⚠️ Weaknesses
- Exposure to input cost fluctuations and broader macroeconomic supply chain cycles.
- Working capital requirements to support continuous capacity expansion.
- Competitive landscape from both established incumbents and specialized regional players.
🚀 Opportunities
- Industry tailwinds from rising domestic capex and infrastructure spending.
- Operating leverage potential allowing margin expansion as manufacturing utilization rises.
- Geographic diversification and entry into higher-margin specialized product lines.
🛡️ Threats
- Sectoral regulatory shifts and evolving statutory compliance requirements.
- Aggressive pricing actions by domestic competitors impacting gross margins.
- Broader market equity volatility and liquidity fluctuations.
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| 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 | ₹465.00 |
| General Corporate Purpose | ₹360.00 |
📊 Financial Overview & Growth Trajectory
Multi-year operational scale & net profitability trajectory
| Metric | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue (₹ Cr) | Rs 30,513.00 Cr | Rs 34,921.00 Cr | Rs 66,231.00 Cr | Rs 94,186.00 Cr |
| Net Profit / PAT (₹ Cr) | Rs 40.00 Cr | Rs 76.00 Cr | Rs 227.00 Cr | Rs 348.00 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs 70.00 Cr | Rs 106.00 Cr | Rs 305.00 Cr | Rs 387.00 Cr |
| Borrowings (₹ Cr) | Rs 198.00 Cr | Rs 60.00 Cr | Rs 23.00 Cr | Rs 18.00 Cr |
| Total Assets (₹ Cr) | Rs 751.00 Cr | Rs 760.00 Cr | Rs 1,857.00 Cr | Rs 1,257.00 Cr |
| ROE % | 0.00% | 0.00% | 0.00% | 0.00% |
| ROCE % | 68.50% | 68.50% | 68.50% | 68.50% |
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 |
Company P/E
32.9x
Industry P/E
37.8x
Debt/Equity
0.02
⚖️ Valuation Benchmark Range
🟢 Attractively Priced vs Industry Peers
Industry 37.8x
IPO 32.9x
0x (Deep Value)
51x (High Multiple)
📋 Live Subscription Status
QIB
226.96x
NII
126.92x
Retail
30.98x
Total
105.78x
🎯 Retail Allotment Probability
3.2% Odds
1 in 31.0 chance (~3.2% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
Updated: Sep 12, 2026 2:28 PM
💼 Issue Structure & Reservation Quota
Capital Structure
₹825.0 Cr
Issue Size
Fresh (75.2%)
OFS (24.8%)
Reservation Quota
100%
Allocation
QIB (50%)
NII (15%)
Retail (35%)
QIB
50.00%
Retail
35.00%
NII
15.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.
Incorporated in 2012, Augmont Enterprises has evolved into a one-stop solution for the precious metals industry. The company operates across the entire value chain, ensuring control from the refining process to the final sale of bullion, coins, and customized gold and silver solutions.
Its business model is diversified, offering products in both physical and digital formats to cater to a wide range of investment preferences. This flexibility allows the company to capture a broader market share across different consumer segments.
As of March 2025, the company has established a significant operational footprint with a presence across 24 Indian states. This expansive distribution network enables them to serve a vast array of retail customers and large organizations efficiently.
The company leverages a robust price discovery mechanism and a diversified business model to maintain consistent financial performance in a volatile commodities market.
The promoter group consists of members of the Kothari family, including Ketan Bhawarlal Kothari and others, who have steered the company's growth from a specialized firm to a multi-state precious metals enterprise.
Augmont Enterprises is launching a mainboard IPO to raise approximately ₹825 crore. The issue is structured with a fresh issue of ₹620 crore and an Offer for Sale (OFS) of approximately 26,01,521 equity shares. The price band is set between ₹750 and ₹788 per share, with a minimum retail lot size of 19 shares. The IPO opens on August 21, 2026, and closes on August 25, 2026, with listing scheduled for August 31 on the BSE and NSE.
Proceeds from the fresh issue are primarily earmarked for funding future working capital requirements, specifically for the procurement, maintenance, and scaling up of inventory, as well as funding advance margin requirements.
The company has demonstrated explosive growth in its financials. Revenue jumped from ₹34,948.90 crore in 2024 to ₹94,282.47 crore in 2026. Similarly, Profit After Tax (PAT) grew from ₹75.97 crore in 2024 to ₹348.30 crore in 2026, showing a strong upward trajectory in profitability.
From a valuation perspective, the company reports an EPS of ₹40.45 and a high ROE of 51.04%. While there are no direct listed peer companies for comparison, the extremely low debt-to-equity ratio of 0.01 indicates a very healthy balance sheet.
Key strengths include a robust pan-India presence across 24 states and a high Return on Capital Employed (ROCE) of 40.27%. The significant portion of the IPO being a fresh issue rather than a pure OFS is a positive signal for investors, as capital is being infused into the business.
Potential risks include the inherent volatility of gold and silver prices and the thin PAT margins (0.37%) typical of high-volume commodity trading. Investors should weigh these operational risks against the company's strong growth and efficiency metrics.