Augmont IPO: Rs 246.3 Cr Raised from Anchor Investors

Augmont Enterprises has locked in Rs 246.3 crore from 14 anchor investors, setting the stage for its initial public offering. The company allotted 31.26 lakh shares to these investors at Rs 788 each, hitting the upper end of its IPO price band.

Augmont IPO: Key Figures

• Anchor investor raise: Rs 246.3 crore
• Total IPO size: Rs 825 crore
• Fresh issue component: Rs 620 crore
• Offer for sale component: Rs 205 crore
• Shares allotted to anchors: 31.26 lakh
• Anchor share price: Rs 788

Major funds joined the anchor book, with Nomura India Stock Mother Fund taking the largest slice. Domestic mutual funds collectively made up nearly half of the anchor allocation.

Who Invested

• Nomura India Stock Mother Fund: nearly Rs 50 crore (20.3% of anchor allocation)
• Tata Small Cap Fund: Rs 35 crore
• Nippon India Small Cap Fund: approx. Rs 32 crore
• Two HDFC Mutual Fund schemes: approx. Rs 32 crore each
• Domestic mutual funds (HDFC, Nippon India, Tata, Trust MF): 44.27% of anchor allocation (approx. Rs 109 crore)
• Other participants: Edelweiss Life Insurance (Rs 10 crore), Jupiter, LionGlobal, Societe Generale, Ashish Kacholia-backed Bengal Finance, and 360 ONE’s Turnaround Opportunities Fund.

The full Rs 825 crore IPO is set to launch soon. It includes both new shares and existing shares sold by promoters.

IPO Timeline & Purpose

• IPO opening date: August 21
• IPO closing date: August 25
• Price band: Rs 750 to Rs 788 per share
• Funds for inventory/margin requirements: Rs 465 crore from fresh issue
• Remaining fresh issue funds: General corporate purposes

Augmont Enterprises operates across the gold and silver sector, engaging in various activities. Its digital gold offerings have reached a significant user base.

Company Profile

• Business areas: refining, bullion trading, digital gold, jewellery manufacturing, international sales
• Registered digital gold consumers (as of March 2026): 4.96 crore