NewsAugmont Enterprises IPO Day 3: Issue subscribed 25.19x so far. Check issue details and key datesAugmont Enterprises IPO Day 3: Issue subscribed 25.19x so far. Check issue details and key dates
- Augmont Enterprises IPO closed with a total subscription of 25.19x on Day 3.
- QIB subscription jumped 32.2% intraday on Day 3, reaching 3.16x.
- NII (bHNI) and NII (sHNI) categories were heavily oversubscribed at 68.20x and 65.27x respectively.
- Allotment is scheduled for August 26, 2026, with listing on August 31, 2026.
- The company reported ₹94,186.21 crores revenue and ₹348.30 crores profit in FY 2026.
*this image is generated using AI for illustrative purposes only.
Augmont Enterprises IPO closed on Day 3 with a total subscription of 25.19x. The issue witnessed a sharp intra-day surge, with QIB jumping 32.2% in the final hour. Retail and NII categories remained heavily oversubscribed throughout the bidding window.
Final Subscription Status
The IPO gained significant momentum in the last hour of trading on Day 3. While the issue was already oversubscribed by 20.46x at 11:15 AM, a late rally pushed the total to 25.19x by close. Below is the day-wise progression:
| Day | Date | QIB | NII (bHNI) | NII (sHNI) | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 | 21-08-2026 | 1.76x | 5.68x | 2.99x | 2.73x | 2.69x |
| Day 2 | 24-08-2026 | 2.11x | 40.61x | 29.43x | 13.23x | 14.28x |
| Day 3 | 25-08-2026 | 3.16x | 68.20x | 65.27x | 20.35x | 25.19x |
Intra-day timeline on 25-08-2026
| Time (IST) | QIB | NII (bHNI) | Retail | Total |
|---|---|---|---|---|
| 11:15 | 2.39x | 56.84x | 17.48x | 20.46x |
| 12:15 | 3.16x | 68.20x | 20.35x | 25.19x |
Category-wise Breakdown
- QIB: 3.16x
- NII (bHNI): 68.20x
- NII (sHNI): 65.27x
- Retail: 20.35x
- Employees: 13.48x
The NII category was the clear leader, with both bHNI and sHNI segments exceeding 65x subscriptions. QIB interest picked up pace after 11 AM, jumping from 2.39x to 3.16x. Retail participation also surged, rising from 17.48x to 20.35x in the final hour.
About the Company
Augmont Enterprises is an integrated gold and silver platform in India serving businesses and consumers across 24 states. Founded in 2012, it operates through two verticals: enterprise sales via 'Augmont SPOT' and consumer offerings via 'Augmont Gold For All'. Key management includes MD Ketan Bhawarlal Kothari and CEO Mahendra Kumar Nemichand Bafna.
Financial Highlights
The company has shown consistent growth in revenue and profit over the last three years.
| Metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Revenue from Operations (₹ crores) | 34921.49 | 66230.78 | 94186.21 |
| Total Profit (₹ crores) | 75.97 | 227.19 | 348.30 |
| Total Equity (₹ crores) | 187.21 | 414.67 | 932.75 |
Revenue grew at a CAGR of 64.23%, while profit increased significantly from ₹75.97 crores in FY 2024 to ₹348.30 crores in FY 2026.
Objects of the Issue
- Funding future working capital requirements towards procurement, maintenance and scaling up of inventory and funding advance margin requirements for procurement of inventory: ₹465.00 crores
- General corporate purposes: Amount not specified in lakhs/crores explicitly for this line item in summary, but funds utilized for general corporate contingencies.
Risk Factors
- Gold and Silver Price Volatility Impact: Business exposed to fluctuations in precious metal prices affecting demand and inventory valuation.
- Dependence on Online Platforms and IT System Disruptions: 90.00% of revenue comes from online platforms; IT failures could hurt operations.
- High Revenue Concentration in Enterprise Sales: 92.90% of revenue derived from enterprise sales via 'Augmont SPOT'.
What's Next
- Allotment Date: 2026-08-26
- Listing Date: 2026-08-31
- Basis of Allotment: Pro-rata basis expected due to high oversubscription.
How might the heavy reliance on enterprise sales (92.9%) impact Augmont's revenue stability if B2B demand for precious metals slows down post-listing?
Given the 65x+ oversubscription in NII categories, what level of listing gain is expected, and how does this compare to recent IPOs in the precious metals sector?
With 90% of revenue derived from online platforms, how prepared is Augmont to mitigate operational risks associated with potential IT system disruptions or cybersecurity threats?
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