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Tue, 06 Oct 2026
12:41:53 am
Tue, 06 Oct 2026
12:41:53 am
Rudransh Sangwan
Published at: August 21, 2026, 10:14 AM
Synopsis
Augmont Enterprises IPO Day 1 GMP is ₹300 on August 21, 2026, indicating an estimated listing price of ₹1,088. Check subscription, P/E ratio, IPO details, financials and listing date.
Augmont Enterprises IPO opened for subscription on August 21, 2026, with investors showing moderate interest on the first day of bidding. The ₹825 crore bookbuilding issue has a price band of ₹750 to ₹788 per share and will remain open until August 25, 2026. The issue consists of a fresh issue worth ₹620 crore and an offer for sale worth ₹205 crore. The minimum retail investment is ₹14,972 for one lot of 19 shares at the upper price band.
The latest grey market premium has remained strong ahead of the issue close. The Augmont Enterprises IPO GMP is ₹300 as of August 21, 2026, at 2:35 PM. Based on the upper price band of ₹788, the estimated listing price stands at ₹1,088, implying a potential gain of 38.07%. However, GMP is an unofficial indicator and actual listing performance can differ.
The company operates an integrated gold and silver platform covering bullion trading, refining, digital gold, jewellery manufacturing and international sales. Its FY26 financial performance also showed strong growth, with total income rising to ₹94,282.47 crore and PAT increasing to ₹348.30 crore. At the upper price band, the post-issue P/E is 20.67 times, making valuation an important factor for investors considering the issue.
The latest GMP for Augmont Enterprises stands at ₹300 as of August 21, 2026, at 2:35 PM. With the upper price band fixed at ₹788, the estimated listing price is ₹1,088. This indicates a potential listing gain of 38.07% over the issue price.
The grey market premium has increased from ₹190 on August 18 to ₹280 on August 19 and ₹300 on August 20 and August 21. The trend indicates strong expectations in the unofficial market, although investors should remember that GMP can change before listing and does not guarantee actual listing gains.
| GMP Date | IPO Price | GMP | Subscription | Estimated Listing Price | Estimated Profit per Lot | Last Updated |
|---|---|---|---|---|---|---|
| 21 Aug 2026 | ₹788 | ₹300 ─ | 1.65x | ₹1,088 (38.07%) | ₹5,700 | 21-Aug-2026 14:35 |
| 20 Aug 2026 | ₹788 | ₹300 ▲ | - | ₹1,088 (38.07%) | ₹5,700 | 20-Aug-2026 23:28 |
| 19 Aug 2026 | ₹788 | ₹280 ▲ | - | ₹1,068 (35.53%) | ₹5,320 | 19-Aug-2026 23:30 |
| 18 Aug 2026 | ₹788 | ₹190 ─ | - | ₹978 (24.11%) | ₹3,610 | 18-Aug-2026 23:31 |
Estimated profit per lot is calculated using GMP multiplied by the 19-share market lot. GMP is sourced from grey market activity and is indicative only.
The IPO has a total issue size of ₹825 crore and comprises a fresh issue of ₹620 crore and an offer for sale of ₹205 crore. The issue opened on August 21 and will close on August 25, 2026. Allotment is expected to be finalised on August 27, while the shares are proposed to list on BSE and NSE on August 31.
| IPO Metric | Details |
|---|---|
| IPO dates | August 21 to August 25, 2026 |
| Price band | ₹750 to ₹788 |
| Face value | ₹5 |
| Lot size | 19 shares |
| Total issue size | ₹825 crore |
| Fresh issue | ₹620 crore |
| Offer for sale | ₹205 crore |
| Retail minimum investment | ₹14,972 |
| Listing | BSE, NSE |
| Proposed listing date | August 31, 2026 |
| Market cap at upper price | ₹7,200.23 crore |
The Augmont Enterprises IPO was subscribed 2.01 times on August 21, 2026, at 3:24 PM on the first day. The retail portion was subscribed 2.41 times, while the NII category recorded 2.89 times subscription. The QIB portion excluding the anchor allocation stood at 0.67 times.
The total number of applications reached 3,72,436, with 1,47,49,662 shares bid against 73,43,908 shares offered across the categories.
| Category | Subscription | Shares Offered | Shares Bid For |
|---|---|---|---|
| QIB (Ex Anchor) | 0.67x | 20,83,757 | 14,04,328 |
| NII | 2.89x | 15,62,817 | 45,15,217 |
| bNII | 2.10x | 10,41,878 | 21,88,952 |
| sNII | 4.47x | 5,20,939 | 23,26,265 |
| Retail | 2.41x | 36,46,575 | 87,71,521 |
| Employee | 1.15x | 50,759 | 58,596 |
| Total | 2.01x | 73,43,908 | 1,47,49,662 |
Augmont Enterprises Limited was incorporated in October 2012 and operates as an integrated gold and silver platform serving businesses and consumers across India and international markets. The company operates across several parts of the gold and silver value chain, including procurement and refining, bullion trading, digital gold, jewellery manufacturing, international sales and technology support for gold-backed financial services.
The company's Augmont SPOT platform provides electronic bullion trading and physical delivery services to jewellers, bullion dealers and manufacturers. Its Augmont Gold For All platform allows consumers to buy, sell and store gold and silver digitally, invest through systematic plans, purchase coins and access gold-related services.
As of March 31, 2026, the company had a presence across 24 states, more than 5,223 registered enterprise members and had served over 49.62 million registered digital gold consumers directly and through alliances. It operates gold and silver refining units in Rudrapur and Mumbai and a jewellery manufacturing facility in Sitapur SEZ, Jaipur.
Augmont Enterprises has an integrated business model covering multiple segments of the gold and silver ecosystem. Its key strengths include:
The company had 297 employees as of March 31, 2026, including 296 permanent employees and one contractual employee across accounts, business sales, factory, technology, customer support, marketing, legal and other functions.
Augmont Enterprises reported strong growth across its key financial metrics during FY24-FY26. Total income increased from ₹34,948.90 crore in FY24 to ₹66,252.05 crore in FY25 and ₹94,282.47 crore in FY26. Profit after tax increased from ₹75.97 crore in FY24 to ₹227.19 crore in FY25 and ₹348.30 crore in FY26.
According to the provided financial data, revenue increased by 42% and PAT rose by 53% between FY25 and FY26.
| Financial Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Total income | ₹34,948.90 crore | ₹66,252.05 crore | ₹94,282.47 crore |
| EBITDA | ₹103.92 crore | ₹304.09 crore | ₹385.95 crore |
| Profit after tax | ₹75.97 crore | ₹227.19 crore | ₹348.30 crore |
| Assets | ₹760.29 crore | ₹1,857.31 crore | ₹1,256.98 crore |
| Net worth | ₹204.87 crore | ₹422.94 crore | ₹926.87 crore |
| Reserves and surplus | ₹180.39 crore | ₹398.46 crore | ₹865.14 crore |
| Total borrowing | ₹54.86 crore | ₹21.54 crore | ₹12.67 crore |
The company plans to use a significant portion of the IPO proceeds for its working capital requirements. Around ₹465 crore from the net proceeds is proposed to be used towards procurement, maintenance and scaling up of inventory and funding advance margin requirements for inventory procurement.
The remaining proceeds are proposed to be used for general corporate purposes.
The valuation is an important part of the Augmont Enterprises IPO analysis. At the upper price band of ₹788, the company has a post-issue market capitalisation of approximately ₹7,200.23 crore.
The post-issue EPS stands at ₹38.12, while the post-issue P/E ratio is 20.67 times, compared with a pre-issue P/E of 18.89 times.
The P/E ratio compares a company's share price with its earnings per share and is commonly used to assess how much investors are paying for each unit of earnings. For Augmont Enterprises, the 20.67x post-issue P/E needs to be considered alongside its earnings growth, return ratios, business model and industry valuations.
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS | ₹41.71 | ₹38.12 |
| P/E | 18.89x | 20.67x |
| Market Cap at Offer Price | ₹6,580 crore | ₹7,200.23 crore |
The company also reported a ROE of 51.04%, ROCE of 40.27% and debt-to-equity ratio of just 0.01 in FY26. However, investors should also examine the company's very low PAT margin and EBITDA margin, given the large revenue base associated with its gold and silver business.
| KPI | FY26 | FY25 |
|---|---|---|
| ROE | 51.04% | 74.19% |
| ROCE | 40.27% | 70.10% |
| Debt/Equity | 0.01 | 0.05 |
| RoNW | 49.52% | 69.47% |
| PAT Margin | 0.37% | 0.34% |
| EBITDA Margin | 0.41% | 0.46% |
| NAV | ₹111.00 | ₹52.21 |
| Price to Book Value | 7.10x | 15.09x |
Promoter and promoter group holding is expected to decline from 92.75% before the issue to 81.91% after the IPO. Public shareholding is expected to rise from 7.25% to 18.09%.
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and promoter group | 92.75% | 81.91% |
| Public | 7.25% | 18.09% |
| Total | 100% | 100% |
The promoters include Ketan Bhawarlal Kothari, Mohinidevi Bhawarlal Kothari, Kalawati Prithviraj Kothari, Namita Ketan Kothari, Devkumari Manekchand Kothari, Manakchand Saremal Kothari, Vivek Prithviraj Kothari, Dimple Mukesh Kothari and Dimpal Vivek Kothari.
Augmont Enterprises raised ₹246.30 crore from anchor investors on August 20, 2026. The anchor portion comprised 31,25,633 shares.
The 50% portion of the anchor shares has a 30-day lock-in period ending on September 26, 2026, while the remaining portion has a 90-day lock-in period ending on November 25, 2026.
The ₹205 crore offer for sale portion includes shares offered by three promoter selling shareholders.
| Selling Shareholder | Category | Estimated Amount |
|---|---|---|
| Namita Ketan Kothari | Promoter | ₹60 crore |
| Vivek Prithviraj Kothari | Promoter | ₹60 crore |
| Dimple Mukesh Kothari | Promoter | ₹60 crore |
| Total | ₹180 crore |
Estimated amount shown until the actual number of shares offered in the OFS is entered.
Investors can bid for a minimum of 19 shares and in multiples thereof. At the upper price band of ₹788, a retail investor needs ₹14,972 for one lot.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 19 | ₹14,972 |
| Retail Maximum | 13 | 247 | ₹1,94,636 |
| sHNI Minimum | 14 | 266 | ₹2,09,608 |
| sHNI Maximum | 66 | 1,254 | ₹9,88,152 |
| bHNI Minimum | 67 | 1,273 | ₹10,03,124 |
The Augmont Enterprises IPO opened on August 21 and will close on August 25, 2026. The tentative allotment date is August 27, followed by refunds and credit of shares on August 28. The proposed listing date is August 31.
| Event | Date |
|---|---|
| IPO Open | August 21, 2026 |
| IPO Close | August 25, 2026 |
| Allotment | August 27, 2026 |
| Refund | August 28, 2026 |
| Credit of Shares | August 28, 2026 |
| Listing | August 31, 2026 |
The Augmont Enterprises IPO has attracted interest because of its strong earnings growth, low debt, integrated gold and silver platform and technology-enabled distribution network. The latest GMP of ₹300 indicates expectations of a listing price around ₹1,088, although grey market estimates are unofficial and can change.
The IPO's 20.67x post-issue P/E also gives investors an important valuation benchmark. While the company's ROE and ROCE remain strong, its low PAT margin and dependence on working capital requirements should be considered alongside the company's growth prospects.
The final investment decision should therefore not be based only on GMP or expected listing gains. Investors should evaluate the company's earnings, valuation, business model, working capital requirements, industry conditions and long-term growth potential before applying.
Augmont Enterprises IPO is a main-board IPO of 1,04,69,541 equity shares of the face value of ₹5 aggregating up to ₹825 Crores. The issue is priced at ₹750 to ₹788. The minimum order quantity is 19.
The IPO opens on Fri, Aug 21, 2026, and closes on Tue, Aug 25, 2026.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Investors can apply for the Augmont Enterprises IPO through a supported broker such as Zerodha by selecting the IPO from the IPO section, entering the required bid details, selecting the lot quantity and submitting the application through the linked UPI facility.
Augmont Enterprises IPO opens on Friday, August 21, 2026.
The lot size of Augmont Enterprises IPO is 19 shares. At the upper price band of ₹788, one lot requires an investment of ₹14,972.
Investors can apply for the Augmont Enterprises IPO through their broker's IPO platform using their Demat account and UPI-linked bank account. Retail investors can apply for a minimum of one lot of 19 shares.
The Augmont Enterprises IPO allotment is expected to be finalised on Thursday, August 27, 2026.
Augmont Enterprises IPO is proposed to list on Monday, August 31, 2026, on the BSE and NSE.
The latest Augmont Enterprises IPO GMP is ₹300 as of August 21, 2026, at 2:35 PM. At the upper price band of ₹788, this indicates an estimated listing price of ₹1,088 and a potential gain of 38.07%.
The post-issue P/E ratio of Augmont Enterprises is 20.67 times, based on the upper issue price of ₹788 and post-issue EPS of ₹38.12.
No. GMP is an unofficial grey market indicator and does not guarantee the actual listing price or listing gains. The final listing price depends on market conditions, investor demand and broader market sentiment.
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