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Augmont Enterprises IPO GMP Jumps To 48% On Day 2 Of Subscription

Augmont Enterprises IPO: GMP surges to Rs 380, pointing to 48% listing gains on Day 2 of bidding. Price band is Rs 750788. Apply before Aug 25!

Augmont Enterprises IPO GMP Jumps To 48% On Day 2 Of Subscription
Photo Source: NDTV Profit

With a strong Day 1 subscription of 2.74x and an unofficial Grey Market Premium (GMP) of Rs 380 (48.22% premium), investor sentiment around the Augmont Enterprises IPO is highly bullish. For retail investors looking to participate, the minimum bid is Rs 14,972 (1 lot / 19 shares), and the bidding window closes tomorrow, August 25, 2026.

(Please note: Grey market premiums are completely unofficial and speculative in nature; they should not be considered a reliable indicator of the stock's eventual listing performance.)

For investors evaluating this mainboard issue, here is a comprehensive breakdown of the key parameters before placing a bid.

Augmont Enterprises IPO GMP Today

As of 8:30 a.m. on August 24, 2026, the Augmont Enterprises IPO GMP stands at Rs 380.

When calculated against the upper price band of Rs 788, the grey market activity signals a highly anticipated debut.

  • Upper Price Band: Rs 788
  • Grey Market Premium (GMP): Rs 380
  • Estimated Listing Price: Rs 1,168
  • Implied Listing Gain: 48.22%

Augmont Enterprises IPO Day 2 Subscription Status

The Rs 825-crore Augmont Enterprises IPO opened to strong demand, being subscribed 2.74 times on Day 1 (Friday, August 21). The issue received bids for 2,11,43,029 shares against the 77,15,999 shares on offer.

The category-wise subscription breakdown ahead of Day 2 bidding is detailed below:

  • Qualified Institutional Buyers (QIBs): 1.76x
  • Non-Institutional Investors (NIIs): 3.97x
  • Retail Individual Investors: 2.79x
  • Total Subscription: 2.74x

Augmont Enterprises IPO: Issue Size, Price Band, Lot Size And More

  • Total Issue Size: Rs 825 crore
    • Fresh Issue: 0.79 crore shares (Rs 620 crore)
    • Offer-For-Sale (OFS): 0.26 crore shares (Rs 205 crore)
  • Price Band: Rs 750 to Rs 788 per share
  • Minimum Lot Size: 19 shares
  • Minimum Investment (Retail): Rs 14,972 (at the upper price band)
  • Book-Running Lead Manager: Nuvama Wealth Management Ltd.
  • Registrar: MUFG Intime India Pvt. Ltd.
  • Official Draft Document: Investors can access the official Augmont Enterprises RHP for in-depth operational and regulatory details. (Note: Replace link with actual URL)
  • Augmont Enterprises IPO Key Dates

    • Bidding window opens: Aug. 21
    • Bidding window closes: Aug. 25
    • Allotment finalisation: Aug. 27
    • Refund initiation: Aug. 28
    • Credit of Shares to Demat accounts: Aug. 28
    • Listing date: Aug. 31

    Use Of Proceeds

    Augmont Enterprises intends to deploy Rs 465 crore of the net proceeds toward core operational and growth strategies:

    • Precious Metals Inventory: Funding working capital requirements to procure, manage, and scale its gold and silver inventory.
    • Advance Margin Commitments: Meeting margin requirements for secure inventory procurement.
    • General Corporate Purposes: The remaining balance will fund day-to-day corporate operations and expansion.

    Company Financials

    Augmont Enterprises has registered robust, high-paced financial growth, driven by a surge in digital bullion trading and precious metals procurement.

    • Total Revenue: Rs 94,282.47 crore in FY26 (up 42% from Rs 66,252.05 crore in FY25)
    • Net Profit (PAT): Rs 348.30 crore in FY26 (up 53% from Rs 227.19 crore in FY25)
    • EBITDA: Rs 385.95 crore in FY26 (compared to Rs 304.09 crore in FY25)

    About Augmont Enterprises Ltd.

    Incorporated in October 2012, the Mumbai-based Augmont Enterprises Ltd. is an integrated gold and silver platform serving businesses and consumers across India and international markets. The company operates across multiple segments of the gold and silver value chain, including procurement and refining, bullion trading, digital gold, jewellery manufacturing, international sales and technology support for gold-backed financial services. 

    Its business is operated through the Augmont SPOT platform for enterprise and international sales and Augmont Gold For All for consumer-focused offerings, supported by online and offline distribution channels.

    Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read red herring prospectus thoroughly before placing bids.

    Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

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