Augmont Enterprises IPO Day 2: Subscription Status, Timeline & Key Issue Details

Augmont Enterprises's ₹825.00 crore initial public offering (IPO) entered its second day of public subscription today, August 24, 2026, with a price band of ₹750 to ₹788 per share. As of 10:05 A.M on the second day of bidding, the issue had been subscribed 4.97 times.

The IPO will remain open for subscription until 25 August 2026. The basis of allotment is expected to be finalised on 27 August 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on 31 August 2026.

Augmont Enterprises IPO - Issue Details

• Issue Type: Book Built Issue (Fresh Issue + OFS)
• Total Issue Size: Up to ₹825.00 crore
• Fresh Issue: Up to ₹620.00 crore
• Offer for Sale (OFS): Up to ₹205.00 crore
• Face Value: ₹5 per equity share
• Price Band: ₹750 to ₹788 per share
• Lot Size: 19 shares
• Minimum Investment Amount (Retail Investor): ₹14,972 (19 shares at the upper price)
• Listing: BSE, NSE
• Book Running Lead Managers: Nuvama Wealth Management Limited, Intensive FIscal Services Private Limited, JM Financial Limited, Motilal Oswal Investment Advisors Limited
• Registrar: MUFG Intime India Private Limited

Augmont Enterprises IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

Augmont Enterprises IPO Day 2 Subscription Status

[August 24, 2026, 10:05 A.M.]

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

• 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
• General corporate purposes.

About Augmont Enterprises Limited

Augmont Enterprises Limited is an integrated gold and silver platform with operations across 24 states in India, covering multiple segments of the precious metals value chain. Its business activities include bullion procurement and refining, bullion trading, digital gold, jewellery manufacturing, international sales, and facilitating gold-backed financial services. The company was named India's Number 1 Gold Platform of the Year 2024–25 by the India Gold Conference.

The company operates through two primary business divisions: Augmont SPOT, which caters to enterprise and global bullion customers, and Augmont Gold For All, a consumer-focused platform offering digital and physical gold and silver. Its omnichannel approach integrates digital platforms with a nationwide offline distribution network.

Key Financial Highlights 

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