Augmont Enterprises IPO: GMP Suggests 35.53% Listing Gain at ₹1068

Augmont Enterprises IPO is set to launch on August 21, eyeing a significant 35.53% listing gain. The Grey Market Premium (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
• Fresh Issue: 0.79 crore shares (worth Rs 620 crore)
• Offer for Sale: 0.26 crore shares (amounting to Rs 205 crore)
• Price Band: Rs 750 to Rs 788 per share
• Retail 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
• Listing Date: 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.

• Total Income: Increased by 42% to Rs 94,282.47 crore
• Profit After Tax (PAT): Rose by 53% to Rs 348.30 crore
• EBITDA: 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.