Augmont Enterprises IPO: GMP Suggests 35.53% Listing Gain at ₹1068
Infographic: Augmont Enterprises IPO Eyes 35.53% Listing Gain at Rs 1068
Key Highlights
Augmont Enterprises IPO opens Aug 21, with GMP indicating a 35.53% listing gain, targeting ₹1068 per share. Details on price band, dates, and proceeds.
Augmont Enterprises is set to launch on August 21, eyeing a significant 35.53% listing gain. The (GMP) of Rs 280 on August 20 points to an estimated listing price of Rs 1068 per share.
Issue Details
- Issue Value: Rs 825 crore
- : 0.79 crore shares (worth Rs 620 crore)
- : 0.26 crore shares (amounting to Rs 205 crore)
- : Rs 750 to Rs 788 per share
- Minimum Bid: 19 shares (investment of Rs 14,972 at upper band)
The book-build issue opens for subscription from August 21 to August 25, 2026. Nuvama Wealth Management Ltd. is managing the IPO, with MUFG Intime India Pvt. Ltd. as the registrar.
Key Dates and Proceeds
- Bidding Window: August 21-25
- Allotment Finalization: August 27
- Refund Initiation: August 28
- Shares to Demat: August 28
- : August 31
Augmont Enterprises plans to utilize Rs 465 crore from the proceeds for future working capital. This includes funding procurement, inventory scaling, maintenance, and advance margin requirements. The remaining funds are for general corporate purposes.
Financial Overview
The Mumbai-based company, established in October 2012, demonstrated strong financial growth between FY25 and FY26.
- : Increased by 42% to Rs 94,282.47 crore
- (PAT): Rose by 53% to Rs 348.30 crore
- : Grew to Rs 385.95 crore from Rs 304.09 crore
Augmont Enterprises operates as an integrated gold and silver platform, serving both businesses and consumers in India. Their operations cover the entire value chain, from procurement to digital gold and technology support.