Augmont Enterprises Ltd Summary
Augmont Enterprises Limited was incorporated as a private limited Company as RSBL Spot Trading Private Limited, on October 31, 2012 with the RoC. The name of Company was changed to Augmont Enterprises Private Limited on October 15, 2015. Upon the conversion of Company to a public limited, the name of Company was subsequently changed to Augmont Enterprises Limited w.e.f.
May 27, 2025. The principle activities of the Company is buying, selling and dealing in of various precious metals like Gold, Silver and Platinum.The business operate through multiple segments of gold and silver value chain including procurement and refining, bullion trading, digital gold offerings, jewellery manufacturing, international sales and facilitating gold-backed financial services. It operate in two business verticals, which are complemented by physical distribution network: (i) enterprise sales and international sales; and consumer-focused offerings, delivered through Augmont Gold For All platform and offline channels.Company conduct the enterprise sales business through Augmont SPOT platform, which is a fully electronic, over-the-counter based bullion platform that became operational in 2012.
The Company established its refinery for production and refining of precious metals in Rudrapur, Uttarakhand in 2016. The business started serving customers through the Augmont Gold For All platform, which launched in FY21.Apart from these milestones, the Augmont SPOT platform enables businesses such as jewellers, bullion dealers and manufacturers with valid GST registrations to purchase gold and silver bars online with assured physical delivery at their spot delivery centres. The Augmont SPOT platform mechanism help into real time access to market-linked spot prices and support transparent, competitive pricing for the products.Company is planning the IPO by raising an aggregate of Rs 800 Crores equity shares having face value of Rs 5 each, comprising a fresh issue of Rs 620 Crores and the offer for sale of Rs 180 Crores.