Augmont Enterprises Limited IPO

ListedMainboardTrading
111.18×
Subscribed
Price band
₹788 – ₹788
Lot size
19
1 lot = ₹14,972
Issue size
₹825 Cr
Open – close
21 Aug 2026
to 25 Aug 2026
Listing
31 Aug 2026
Listing gain
+21.95%

What the filing actually says

Our read of the offer document and the exchange data — not the issuer's summary of itself

Strong6 of 7 dimensions read

The disclosed numbers are strong — 5 of 6 signals read positive

Strength90/100
  • Undemanding valuation
    19.5× earnings at the upper band, with no peer set published to compare against
  • Strong revenue growth
    Revenue compounding at 64.2% across the reported years
  • High return on equity
    ROE of 37.3%
  • Meaningful leverage
    Debt/equity of 1.36×
  • Minimal related-party dealings
    Related-party transactions are only 0.0% of revenue
  • Institutions bid heavily
    QIB portion subscribed 238.46×

Every line above is arithmetic on a figure shown elsewhere on this page - no model, no opinion. It describes the quality of the offering as disclosed. It is not a prediction of the listing price, and it is not advice to apply.

Dates

The issuer's tentative timetable — a date passing is not confirmation the step completed

  1. Opens
    21 Aug 2026
  2. Closes
    25 Aug 2026
  3. Allotment
    27 Aug 2026
  4. Listing
    31 Aug 2026

Demand and your odds

How the book filled, and what that means for an application

Subscription by category
Qualified institutionalQIB238.46x
Non-institutionalNII / HNI127.63x
Big NIIabove ₹10L133.36x
Small NII₹2L – ₹10L116.18x
Retail individualRII32.64x
Employee22.21x

54,97,729 applications received — how many people bid, as opposed to how much money did. Exchange figures as of 25 Aug 2026.

Chance of allotment
Retail32.64× subscribed
~1 in 32.6
Minimum 1 lot · 19 shares · ₹14,972 blocked

Retail is 32.64× subscribed. Allotment is a lottery on a single lot, so roughly 1 in 32.6 applications gets one lot. Bidding for extra lots does not improve these odds.

HNI / NII127.63× subscribed
~1 in 127.6
Minimum 14 lots · 266 shares · ₹2,09,608 blocked

HNI is 127.63× subscribed. This category is allotted proportionately, so a bid receives roughly 1/127.6 of the shares applied for, subject to the minimum-lot draw.

Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.

The offering

Terms, structure and who is selling

Terms
Price band₹788 – ₹788
Face value₹5
Lot size19shares
Minimum application₹14,972at cut-off
Total issue size₹825 Cr
Listing atMainboard
Company & valuation
P/E at upper band19.48×
EPS₹30.70pre-issue
EPS₹40.45post-issue
NAV per share₹111.00
Return on equity37.34%
Debt / equity1.36×
EBITDA margin0.41%
Related-party0.02%of revenue
ROCE40.27%
RoNW49.52%
PAT Margin0.37%
EBITDA Margin0.41%
NAV111.00
Price to Book Value7.10
ISININE16W401027
RegistrarLINK

Who gets what

How the issue is split between investor categories, and what each may bid.

CategoryShares% of issue
QIB52,09,38949.76%
Anchor Investor31,25,63329.85%
QIB (Ex. Anchor)20,83,75619.90%
NII (HNI)15,62,81714.93%
bNII > ₹10L10,41,8789.95%
sNII < ₹10L5,20,9394.98%
Retail36,46,57334.83%
Employee50,7610.48%

Total issue 1,04,69,540 shares. Indented rows sit inside the category above them and are not added to it.

What each category may bid
Retail (Min)₹14,9721 lot · 19 sh
Retail (Max)₹1,94,63613 lots · 247 sh
S-HNI (Min)₹2,09,60814 lots · 266 sh
S-HNI (Max)₹9,88,15266 lots · 1,254 sh
B-HNI (Min)₹10,03,12467 lots · 1,273 sh

Lot size alone does not answer "how much do I need" — an S-HNI minimum is several lots, not one.

Anchor book
Shares allotted31,25,633
Anchor portion₹246.3 Cr
Bid date20 Aug 2026
Lock-in ends (50%)25 Sept 2026
Lock-in ends (rest)24 Nov 2026

Anchors are institutional money placed a day before bidding opens, against a lock-in. Those two dates are when that stock can first be sold — a supply event worth knowing if you still hold.

Financials

Restated figures as reported in the offer document, ₹ crore

PeriodRevenueEBITDAPATNet worthDebt
202434,921.493—75.966187.207—
202566,230.779—227.188414.666—
202694,186.212—348.3932.754—
Revenue CAGR 64.2%PAT CAGR 114.1%

Risks worth reading

Ranked by our severity assessment, not by the order the prospectus prints them

mediumSignificant disruptions in information technology systems or breaches of data security could adversely affect business and reputation.

mediumVolatility in market prices of gold and silver affects demand for products and valuation of inventory, potentially causing mark-to-market losses or liquidity pressures.

Litigation

Except as stated below, there are no outstanding (i) criminal proceedings (including matters at FIR stage even if no/some cognizance has been taken by any court or any other judicial authority) involving the Company, Subsidiaries, Directors, or Promoters; (ii) actions taken by statutory or regulatory authorities involving the Relevant Parties; (iii) claims relating to direct and indirect taxes involving the Relevant Parties; and (iv) other pending litigations or arbitration proceedings involving the Relevant Parties which has been determined to be material pursuant to the Materiality Policy. There are no disciplinary actions (including penalties) imposed by SEBI or stock exchanges against the Promoters in the last five Fiscals. There are no outstanding criminal proceedings involving the Key Managerial Personnel and Senior Management Personnel of the Company, nor actions by regulatory and statutory authorities against them. There are no findings/observations of any inspections by SEBI or any other regulator involving the Relevant Parties, which are material.

Positives the filing discloses (2)
Strong revenue growth

Restated revenue CAGR of 64.2%.

Healthy return on equity

ROE of 37.3%.

What happened to comparable issues

The last 8 issues to list with a recorded opening price, most comparable first

Median listing gain
+6.1%
Listed up
6 of 8
Best
+65.4%
Orient Cables (India) Limited
Worst
-2.3%
Vishal Nirmiti Limited
Fusion CX Limitedsame segment
4.5× sub+5.5%
131.7× sub+23.6%
2.3× sub+6.7%
1.7× sub-2.3%
38.1× sub+2.4%
Srit India Limitedsame segment
125.2× sub+13.8%
2.5× sub+0.0%
92.3× sub+65.4%

Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.

About Augmont Enterprises Limited

Augmont Enterprises Limited is an integrated gold and silver platform serving businesses and consumers across India. Its operations cover procurement and refining of gold and silver, bullion trading, digital gold and silver offerings, jewellery manufacturing, international sales and technology support for gold-backed financial services. The company conducts enterprise sales through its Augmont SPOT platform, which enables jewellers, bullion dealers and manufacturers to purchase gold and silver bars online for physical delivery. Its consumer-focused Augmont Gold For All platform enables customers to buy, sell and store gold and silver digitally, purchase gold through systematic investment plans, buy coins and access technology support for gold loans. The company manufactures gold jewellery at its unit in Sitapur SEZ, Jaipur, Rajasthan, and sells products in international markets, including Hong Kong, Turkey and the UAE. It operates gold and silver refining units in Rudrapur, Uttarakhand and Mumbai, Maharashtra. The company also procures refined bullion and doré bars from domestic and international sources. Use of proceeds: The IPO consists of both a fresh issue of shares and an offer for sale (OFS).​ Net proceeds from the OFS will go to the respective selling shareholders, while the net proceeds from the fresh issue will be utilised for the following purposes:​ 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 — Rs 465 crore General corporate purposes

Founded 2012MD Mr Ketan Bhawarlal KothariSector Trading

Offer documents

The primary sources everything above is drawn from

PROSPECTUS27 Aug 2026
RHP18 Aug 2026

Common questions

How many times is the Augmont Enterprises Limited IPO subscribed?

Augmont Enterprises Limited is subscribed 111.18× overall (QIB 238.46×, NII 127.63×, retail 32.64×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar, LINK.

What is the minimum investment in the Augmont Enterprises Limited IPO?

One lot is 19 shares, so a retail application at the ₹788 cut-off price blocks ₹14,972. Retail applications are capped at ₹2,00,000; above that you bid in the HNI category, where allotment is proportionate rather than by lottery.

What are the chances of allotment in the Augmont Enterprises Limited IPO?

The retail portion is subscribed 32.64×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 33. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.

When is the Augmont Enterprises Limited IPO allotment date?

Allotment is scheduled for 2026-08-27, with listing on 2026-08-31. These dates are the issuer's tentative timetable — a date passing is not confirmation that the step completed. Allotment status is published by the registrar, LINK.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.

Augmont Enterprises Limited IPO — GMP, subscription & review | DocStoX