Augmont Enterprises Limited’s Initial Public Offering to open on Friday, August 21, 2026

FinTech BizNews Service
Mumbai, 18 August, 2026: Augmont Enterprises Limited proposes to open the initial public offering (“Offer”) of its equity shares of face value Rs 5 each (“Equity Shares”) on Friday, August 21, 2026. The Anchor Investor Bidding Date is a Working Day prior to Bid/Offer Opening Date, being Thursday, August 20, 2026. The Bid/Offer Closing Date is Tuesday, August 25, 2026.

(L-R) Sachin G Kothari and Ketan Kothari at the Augmont Enterprises IPO launch conference
The Price Band of the Offer has been fixed from Rs 750 per Equity Share of face value Rs 5 each to Rs788 per Equity Share of face value of Rs5 each. Bids can be made for a minimum of 19 Equity Shares of face value Rs5 each and multiples of 19 Equity Shares of face value Rs 5 each thereafter. The floor price and the cap price are 150.00 times and 157.60 times the face value of the Equity Shares, respectively. The Price to Earnings Ratio (P/E) based on basic and diluted EPS for Fiscal 2026 for the Company at the lower end of the price band (Floor Price) is 18.54 times and at the upper end of the price band (Cap Price) is 19.48 times. The Weighted Average Return on Net Worth for the last three fiscal years is 55.25%.
The Rs825 crores Offer comprises a fresh issue of Equity Shares of face value Rs5 each aggregating up to Rs620 crores and an offer for sale of Equity Shares of face value Rs5 each aggregating up to Rs205 Crores by certain existing shareholders including Equity Shares of face value Rs5 each aggregating up to Rs69.4 crores by Namita Ketan Kothari, Equity Shares of face value Rs5 each aggregating up to Rs69.4 crores by Vivek Prithviraj Kothari and Equity Shares of face value Rs5 each aggregating up to Rs66.2 crores by Dimple Mukesh Kothari. The Offer also comprises of a reservation of such number of Equity Shares aggregating up to Rs 4 crores for purchase by eligible employees of the Company.
The Equity Shares are proposed to be listed on the National Stock Exchange of India Limited (“NSE”) and BSE Limited (“BSE”). For the Offer, NSE shall be the Designated Stock Exchange.
Nuvama Wealth Management Limited, Intensive Fiscal Services Private Limited, JM Financial Limited and Motilal Oswal Investment Advisors Limited are the Book Running Lead Managers to the Offer.