Augmont Enterprises IPO Day 2 Subscription Status: 13.37x Subscribed; GMP at ₹379
Augmont Enterprises’ IPO reached 13.37 times subscription by the Day 2 close on 24 August 2026, up sharply from 2.88x on Day 1. Non-Institutional Investors (NIIs) led demand at 30.13x, while retail bidding reached 12.74x. The latest Grey Market Premium (GMP) indication is around ₹379, with another tracker near ₹386. The ₹825 crore issue closes on 25 August 2026.
| Metric | Latest update |
| Bidding day | Day 2 |
| Data status | Day 2 close, 24 August 2026 |
| Overall subscription | 13.37x |
| QIB subscription | 2.03x |
| NII subscription | 30.13x |
| Retail subscription | 12.74x |
| Employee subscription | 7.71x |
| Current GMP | Around ₹379 |
| GMP percentage | About 48.1% |
| Indicative price | About ₹1,167 |
| Closing date | 25 August 2026 |
Augmont Enterprises IPO Day 2 Subscription Status
Demand increased substantially across most categories on the second bidding day. Qualified Institutional Buyers (QIBs) were subscribed 2.03x, NIIs reached 30.13x, Retail Individual Investors (RIIs) were at 12.74x, and the employee portion reached 7.71x.
| Investor category | Day 1 close | Day 2 close | Change |
| Qualified Institutional Buyers | 1.85x | 2.03x | +0.18x |
| Non-Institutional Investors | 4.18x | 30.13x | +25.95x |
| Retail Individual Investors | 2.94x | 12.74x | +9.80x |
| Employees | 1.48x | 7.71x | +6.23x |
| Overall | 2.88x | 13.37x | +10.49x |
NII bidding was the main driver of the Day 2 increase. Within the NII category, larger applications were subscribed about 26.51x, while the smaller NII segment stood near 37.39x.
Subscription multiples measure the quantity of shares bid for relative to the shares reserved in each category. They should not be interpreted as the number of unique applicants.
How Subscription Changed From Day 1
The overall book rose from 2.88x at the Day 1 close to 13.37x on Day 2, an absolute increase of 10.49 times.
The most significant movement came from NIIs, where demand jumped from 4.18x to 30.13x. Retail participation also accelerated from 2.94x to 12.74x, while employee demand increased from 1.48x to 7.71x.
QIB demand moved more gradually, from 1.85x to 2.03x. Institutional bids often build later in an IPO bidding window, particularly on the closing day, but the current data does not establish how QIB demand will develop on Day 3.
Augmont Enterprises IPO GMP Today and Estimated Listing Price
The latest available Grey Market Premium (GMP) indication for Augmont Enterprises is around ₹379 per share on 24 August 2026. Another tracker showed approximately ₹386, indicating a narrow variation between unofficial market quotations.
Using ₹379 as the reference GMP and the upper price band of ₹788:
Indicative price = ₹788 + ₹379 = ₹1,167
GMP percentage = ₹379 ÷ ₹788 × 100 = about 48.1%
| GMP observation | GMP | Movement |
| Latest reference, 24 August 2026 | ₹379 | Slightly lower |
| Previous available reading, 23 August 2026 | ₹383 | Reference |
| Other current tracker | About ₹386 | Similar range |
Compared with the previous ₹383 reading, the ₹379 reference is down ₹4, suggesting that grey-market pricing is broadly steady rather than moving in the same sharp direction as subscription demand.
GMP is unofficial, unregulated, and can change quickly. It is not published by the Securities and Exchange Board of India (SEBI), National Stock Exchange of India (NSE), or BSE Limited (BSE). The ₹1,167 figure is only indicative and does not guarantee the actual listing price or gains.
What Stands Out in Today’s Bidding
The clearest Day 2 signal is the acceleration in NII and retail demand. NII subscription rose by 25.95x from its Day 1 level, making it the largest contributor to the overall increase. Retail demand also moved into double digits.
At the same time, GMP remained near the ₹380 level rather than rising proportionately with subscription. This subscription-GMP divergence shows why the two indicators should be assessed separately.
Two limitations remain important. QIB demand was considerably lower than NII and retail multiples, and subscription itself does not establish whether the IPO is fairly valued. High demand also does not prove business quality or guarantee future returns.
IPO Details Retail Investors Need
| IPO detail | Information |
| Price band | ₹750 to ₹788 per share |
| Lot size | 19 shares |
| Minimum retail investment | ₹14,972 |
| Issue size | ₹825 crore |
| Fresh issue | ₹620 crore |
| Offer for Sale (OFS) | ₹205 crore |
| Issue type | Mainboard book-built IPO |
| Closing date | 25 August 2026 |
| Expected listing date | 31 August 2026 |
| Exchange | NSE and BSE |
At the upper price band, one retail lot requires 19 × ₹788 = ₹14,972.
Brief Company and Financial Context
Augmont Enterprises operates an integrated gold and silver platform spanning bullion trading, refining, digital precious metals, jewellery-related activities, and enterprise sales. Its Augmont SPOT platform contributes the majority of revenue.
Revenue increased from about ₹66,230.78 crore in FY25 to ₹94,186.21 crore in FY26, while profit after tax rose from ₹227.19 crore to ₹348.30 crore. Of the ₹620 crore fresh issue, about ₹465 crore is proposed for working-capital requirements, including inventory procurement and margin funding. Key considerations include thin operating margins, working-capital intensity, and concentration in the enterprise platform.
What Happens Next
The Augmont Enterprises IPO enters its closing day on 25 August 2026. Investors can monitor whether QIB participation accelerates, whether NII and retail demand continues to build, and whether GMP stays near its current range or changes materially. Final subscription figures should be assessed only after bidding closes and exchange data stabilises.
Frequently Asked Questions (FAQs)
Q: How many times was the Augmont Enterprises IPO subscribed on Day 2?
A: The Augmont Enterprises IPO reached 13.37x overall subscription at the Day 2 close on 24 August 2026. NII demand led at 30.13x, followed by retail at 12.74x, employees at 7.71x, and QIBs at 2.03x.
Q: How did Augmont Enterprises IPO demand change from Day 1 to Day 2?
A: Overall subscription increased from 2.88x on Day 1 to 13.37x on Day 2, an absolute rise of 10.49x. NIIs contributed the largest increase, moving from 4.18x to 30.13x.
Q: What is the Augmont Enterprises IPO GMP today?
A: The latest available GMP reference on 24 August 2026 is around ₹379 per share, while another tracker indicates about ₹386. GMP is an unofficial market indicator, so readings can differ between trackers and change before listing.
Q: What listing price does the current Augmont Enterprises IPO GMP indicate?
A: Adding the ₹379 reference GMP to the ₹788 upper price band gives an indicative price of about ₹1,167 per share, implying a premium of roughly 48.1%. This calculation does not predict or guarantee the actual listing price.
Q: Does 13.37x subscription guarantee a premium listing for Augmont Enterprises?
A: No. A high subscription indicates strong bidding relative to the shares available, but it does not guarantee a premium listing. GMP, market conditions, valuation, institutional participation, and investor sentiment can all change before the stock begins trading.
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