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Augmont Enterprises opens ₹825 crore IPO after ₹246 crore anchor raise
Augmont Enterprises opens its ₹825 crore IPO after raising ₹246 crore from anchor investors. The bullion, digital-gold and jewellery business plans to use most fresh proceeds for working capital and inventory, while expanding delivery centres, refining, exports and consumer penetration.
Newer report , , Mint : Augmont Enterprises lists 22% above IPO price, rises as much as 29%
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Reported figures
From the report. Source details below
| 31.25 lakh shares allocated at | ₹788 per share |
|---|---|
| Price band | ₹750-788 per share |
| FY26 profit ₹348.3 crore, up | 53.3% |
| FY26 revenue ₹94,186.2 crore, up | 42.2% |
Also in the report
- ₹205 crore offer for sale
- ₹465 crore for working capital
- 284 MTPA refining capacity
- 49.6 million registered consumers
Other figures
- ₹620 crore fresh issue
- 20 delivery centres
- 218+ partners
- 3,700+ Muthoot branches
The source
First seen