About the Company: Integrated Gold & Silver Ecosystem
Incorporated in October 2012, Augmont Enterprises Limited is an integrated gold and silver platform serving businesses and retail consumers across India and global markets. The company operates across multiple segments of the precious metals value chain, including procurement, refining, bullion trading, digital gold solutions, jewellery manufacturing, international sales, and technology infrastructure for gold-backed financial services.
Augmont operates through two primary distribution channels: the Augmont SPOT platform, designed for electronic bullion trading and physical delivery to enterprise jewellers and dealers, and Augmont Gold For All, enabling retail consumers to digitally buy, sell, store, and invest in gold and silver coins and systematic savings plans.
As of March 31, 2026, the company maintained a distribution presence across 24 states with over 5,223 registered enterprise members and more than 49.62 million registered digital gold consumers served directly and through alliances. It manages state-of-the-art refining facilities in Rudrapur and Mumbai alongside a jewellery manufacturing facility in Sitapur SEZ, Jaipur.
- End-to-end integration across procurement, refining, manufacturing, and digital bullion distribution.
- Scalable digital platforms (Augmont SPOT and Augmont Gold For All) with real-time transparent price discovery.
- Massive consumer footprint with over 49.62 million digital gold users and 5,223+ enterprise members.
- Advanced refining and manufacturing infrastructure across Mumbai, Rudrapur, and Jaipur SEZ.
The company’s promoters are 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.
Financial Trends & Performance
Augmont Enterprises Ltd.’s total revenue expanded by 42% while profit after tax (PAT) grew by 53% between the financial years ending March 31, 2026, and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Assets | ₹1,256.98 Cr | ₹1,857.31 Cr | ₹760.29 Cr |
| Total Income | ₹94,282.47 Cr | ₹66,252.05 Cr | ₹34,948.90 Cr |
| Profit After Tax (PAT) | ₹348.30 Cr | ₹227.19 Cr | ₹75.97 Cr |
| EBITDA | ₹385.95 Cr | ₹304.09 Cr | ₹103.92 Cr |
| Net Worth | ₹926.87 Cr | ₹422.94 Cr | ₹204.87 Cr |
| Reserves and Surplus | ₹865.14 Cr | ₹398.46 Cr | ₹180.39 Cr |
| Total Borrowings | ₹12.67 Cr | ₹21.54 Cr | ₹54.86 Cr |
All figures in ₹ Crore | Source: Chittorgarh / DRHP (Restated Consolidated)
Key Performance Indicators & Valuation (FY2026)
Competitive Strengths
- Massive Operational Scale: High-volume business model generating over ₹94,280 Cr in total income for FY26.
- Exceptional Return Ratios: Robust capital efficiency with ROE of 51.04% and ROCE of 40.27% in FY26.
- Prudent Leverage Management: Negligible gearing with a Debt-to-Equity ratio of 0.01.
- Omnichannel Presence: Seamless combination of high-volume B2B bullion delivery and high-margin retail digital gold fintech services.
Issue Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
IPO Structure & Use of Proceeds
The ₹825.00 Cr issue comprises a Fresh Issue of ₹620.00 Cr (78,68,020 shares) and an Offer for Sale of ₹205.00 Cr (26,01,521 shares) by selling shareholders. The fresh proceeds are proposed to be utilized as follows:
- Funding future working capital requirements towards procurement, maintenance, and scaling up of inventory and advance margin requirements ₹465.00 Cr
- General corporate purposes Balance
Bidding opens on August 21, 2026 and closes on August 25, 2026. Minimum retail application lot size is fixed at 19 shares (₹14,972 based on the upper price band).
Augmont Enterprises Limited provides a unique market play combining traditional gold refining and physical bullion trading with a scalable digital fintech consumer ecosystem.
While bullion trading is inherently a high-volume, low-margin business (PAT margin of 0.37%), the company delivers solid return ratios (ROE of 51.04%) on a virtually debt-free balance sheet. Deploying ₹465 Cr of fresh capital directly into working capital supports expanding trade volumes and inventory requirements. Investors seeking exposure to precious metals distribution and digital gold infrastructure can evaluate this offering.
