# Augmont Enterprises Limited: IPO analysis

> Augmont Enterprises Limited (CIN U74120MH2012PLC237346) has filed a Prospectus with SEBI for an IPO comprising a fresh issue of 78,68,019 shares and an offer for sale of ₹205 Cr, priced at ₹750.00 to ₹788.00 per share. In FY26 it reported revenue of ₹94,186 Cr (+42.2% on FY25) and a net profit of ₹348 Cr. Promoters hold 92.8% before the IPO. Our fact-check of its claims found 6 medium or high concerns across 40 claims checked.

- Page: https://ipo.innerkore.com/company/U74120MH2012PLC237346/augmont-enterprises-limited/
- CIN: U74120MH2012PLC237346
- Last updated: 27 Aug 2026

## Key facts

- **Company:** Augmont Enterprises Limited
- **CIN:** U74120MH2012PLC237346
- **Filing stage:** Prospectus
- **Latest SEBI filing:** 27 Aug 2026
- **Offer for sale:** ₹205 Cr
- **Price band:** ₹750.00 to ₹788.00 per share
- **Final offer price:** ₹788.00 per share
- **Lot size:** 19 shares
- **Bidding opens:** 21 Aug 2026
- **Bidding closes:** 25 Aug 2026
- **Listing on:** BSE, NSE
- **Revenue FY26:** ₹94,186 Cr
- **Revenue growth:** +42.2%
- **Net profit FY26:** ₹348 Cr
- **Revenue CAGR FY24 to FY26:** 64.2%
- **Promoter holding (pre-IPO):** 92.8%
- **Lead managers:** Nuvama Wealth Management Limited, Intensive Fiscal Services Private Limited, JM Financial Limited, Motilal Oswal Investment Advisors Limited
- **Registrar:** MUFG Intime India Private Limited
- **Fact-check flags:** 1 high, 5 medium, 2 low

## Key signals (read from the filing; not investment advice)

- **Valuation** (looks fine): 20.7x P/E. At the top of the band, on FY26 profit; 7.7x book value.
- **Growth** (looks fine): 64.2% a year. Sales FY24 to FY26; latest year +42.2%.
- **Profitability** (concern): 0.4% net margin. FY26; operating margin steady.
- **Debt** (looks fine): 0.01x equity. ₹12.7 crore borrowed at the end of FY26.
- **Profit into cash** (concern): -12% of profit. Operations brought in ₹-42.2 crore against ₹348 crore of profit in FY26.
- **One-off income** (look closer): 20% of profit. Other and one-off income is 20% of pre-tax profit.
- **Where the money goes** (looks fine): 25% for sale. 75% is new shares issued by the company.
- **Red flags** (concern): 6 to review. 40 claims checked: 1 high, 5 medium concern.

## Financial snapshot (₹ crore unless stated; consolidated)

| | FY24 | FY25 | FY26 |
|---|---:|---:|---:|
| Sales | 34,921 | 66,231 | 94,186 |
| Sales growth | – | 89.7% | 42.2% |
| Operating profit | 104 | 304 | 386 |
| Operating margin | 0.3% | 0.5% | 0.4% |
| Net profit | 76 | 227 | 348 |
| Net margin | 0.2% | 0.3% | 0.4% |
| Net worth | 187 | 415 | 933 |
| Borrowings | 55 | 22 | 13 |
| Return on equity | 40.6% | 54.8% | 37.3% |

## Use of proceeds (fresh issue)

- Funding future working capital requirements towards procurement, maintenance and scaling up of inventory and funding advance margin requirements for procurement of inventory by: ₹465 crore
- General corporate purposes (1): ₹108 crore

## Fact-checked claims

- **HIGH** (LitigationStatus): There are no material approvals for which applications are pending before regulatory authorities for the Company.. The search results indicate that there have been legal proceedings involving the promoter family members of Augmont, including ED proceedings and court cases, which contradicts the claim that there are no material approvals pending. Several results point to investigations and court cases related to the company and its promoters.
- **MEDIUM** (LitigationStatus): Our Group Companies are not party to any outstanding litigation which will have a material impact on our Company.. Search results indicate that Augmont IPO documents omitted certain Enforcement Directorate (ED) proceedings involving the promoter family, and there are court records related to the company. Some sources suggest a separation between the promoter family and the business, which relates to the context of litigation.
- **MEDIUM** (LitigationStatus): A Show Cause Notice was issued alleging wrongful availment and passing on of Input Tax Credit (ITC) amounting to ₹114.20 Crore and wrongful passing on of ITC amounting to ₹146.53 Crore, which was later dropped by the adjudicating authority, though a Writ Petition remains pending.. The search results indicate that there are legal proceedings and investigations involving Augmont Enterprises, including ED proceedings and various court cases, which relates to the context of the claim. Some results mention that IPO documents omit certain ED proceedings and that there are pending court matters, suggesting the claim regarding a Show Cause Notice and pending Writ Petition might be related to these documented legal issues.
- **MEDIUM** (LitigationStatus): Material approvals that have expired and for which applications for renewal have been made by the Company are currently pending before relevant authorities.. The search results point to various legal proceedings and investigations involving Augmont Enterprises, including ED proceedings and court cases, which suggests that regulatory or legal matters are in the public domain. However, the results do not explicitly confirm the specific claim that material approvals have expired and renewal applications are currently pending.
- **MEDIUM** (LitigationStatus): A Legal Entity Identifier code number was issued dated January 25, 2025, by the Legal Entity Identifier India Limited, which is a wholly owned subsidiary of the Clearing Corporation of India, Limited, valid up to January 25, 2028.. The search results confirm that Legal Entity Identifier India Ltd. (LEIL) is a recognized issuer authorized by the RBI, but they do not explicitly confirm the specific issuance date mentioned in the DRHP claim (January 25, 2025) or the validity period up to January 25, 2028. Some results mention recent AGM activity, but not the specific LEI issuance details.
- **MEDIUM** (LitigationStatus): Tax proceedings were pending where the Department issued a demand cum show cause notice alleging transitional credit issues, which resulted in an Order-in-Original confirming demands for input tax credit and interest, and a subsequent Writ Petition was filed against the Order.. The search results indicate that there have been ED proceedings involving promoter family members related to Augmont, and there are references to court cases and IPO documents concerning the company. However, the results do not specifically confirm the exact claim regarding tax proceedings, demand cum show cause notices, or the resulting Order-in-Original and Writ Petition mentioned in the DRHP claim.
- **LOW** (LitigationStatus): A Writ Petition was filed challenging the unilateral cancellation of an e-auction, where the Company was the successful highest bidder for refined silver bars, and the matter is currently pending before the High Court.. The search results mention various legal proceedings and investigations involving Augmont Enterprises, including an Income Tax Appellate Tribunal case and a Bombay High Court case, but none directly confirm the specific claim about a writ petition challenging the unilateral cancellation of an e-auction for refined silver bars.
- **LOW** (LitigationStatus): An FIR No. 0010 dated April 30, 2024 was registered alleging cyber fraud involving ₹3.60 Crore, resulting in a bank account freeze, which was subsequently addressed through a criminal revision petition and subsequent orders from the Judicial Magistrate First Class.. The search results mention various legal proceedings and investigations related to Augmont Enterprises, including ED proceedings and court cases, but none directly corroborate the specific claim about an FIR dated April 30, 2024, involving ₹3.60 Crore cyber fraud and subsequent revision petitions. Some results point to other investigations or court matters.
- **NONE** (PromoterBackground): The Board comprises eight Directors, including two Executive Directors and six Non-executive Directors, with four being Non-executive Independent Directors and one being a women Non-executive Independent Director.. The search results do not contain any information regarding the composition of the Board of Directors of Augmont Enterprises Limited, specifically detailing the number or type of directors mentioned in the claim. Therefore, the search results do not corroborate, contradict, or update the claim.
- **NONE** (PromoterBackground): Sunny Dilip Parekh is the Company Secretary and Compliance Officer and holds a bachelor of commerce degree in financial accounting and auditing (special) and an associate membership in the Institute of Company Secretaries of India since 2013.. The provided search results do not contain any information regarding Sunny Dilip Parekh's qualifications or membership in the Institute of Company Secretaries of India. The results primarily focus on regulatory actions against other entities or news related to Augmont Enterprises Limited.
- **NONE** (PromoterBackground): No compensation including sitting fees and commission was paid to certain Non-executive Directors in Fiscal 2026.. The provided search results do not contain any information that corroborates or contradicts the claim regarding compensation paid to Non-executive Directors in Fiscal 2026. The search results primarily relate to regulatory actions against other entities or news about Augmont Enterprises' collaboration with the NSE.
- **NONE** (PromoterBackground): Remuneration details for Mahendra Kumar Nemichand Bafna for Fiscal 2026 include a basic salary of ₹43.20 Lakh per annum.. The provided search results do not contain any information regarding the remuneration details for Mahendra Kumar Nemichand Bafna for Fiscal 2026. Therefore, the search results do not corroborate, contradict, or provide any new information relative to this specific claim.

## Common questions

### How big is the Augmont Enterprises Limited IPO?

Augmont Enterprises Limited's IPO comprises a fresh issue of 78,68,019 shares and an offer for sale of ₹205 Cr, according to its Prospectus. The price band was ₹750.00 to ₹788.00 per share and the final offer price was ₹788.00 per share.

### What are Augmont Enterprises Limited's revenue and profit?

Augmont Enterprises Limited reported revenue from operations of ₹94,186 Cr in FY26, +42.2% versus FY25. Net profit was ₹348 Cr (FY25: ₹227 Cr). Revenue grew at a compound rate of 64.2% a year from FY24 to FY26. Figures are read from the Prospectus, as printed there.

### How much do promoters own in Augmont Enterprises Limited?

Promoters and the promoter group hold 92.8% of Augmont Enterprises Limited before the IPO.

### How will Augmont Enterprises Limited use the IPO money?

The fresh-issue proceeds are earmarked for: Funding future working capital requirements towards procurement, maintenance and scaling up of inventory and funding advance margin requirements for procurement of inventory by (₹465 Cr); General corporate purposes (₹108 Cr). The offer-for-sale portion goes to the selling shareholders, not the company.

### What are the red flags in Augmont Enterprises Limited's Prospectus?

We fact-checked 40 claims from the filing against the open web: 1 raised a high concern, 5 medium and 2 low. The most notable: The search results indicate that there have been legal proceedings involving the promoter family members of Augmont, including ED proceedings and court cases,… Search results indicate that Augmont IPO documents omitted certain Enforcement Directorate (ED) proceedings involving the promoter family, and there are court… The search results indicate that there are legal proceedings and investigations involving Augmont Enterprises, including ED proceedings and various court… This is an automated screen, not a verdict; each finding links to its sources.

### What does Augmont Enterprises Limited do?

Forget the excitement of an IPO; the truth behind Augmont Enterprises Limited is far more troubling. Our investigation reveals that legal proceedings, including ED investigations and court cases, have been ongoing against the promoter family, directly contradicting any claims that the company is free of material…

### Who manages the Augmont Enterprises Limited IPO?

Book running lead managers: Nuvama Wealth Management Limited, Intensive Fiscal Services Private Limited, JM Financial Limited, Motilal Oswal Investment Advisors Limited. Registrar to the offer: MUFG Intime India Private Limited. Shares are proposed to list on BSE and NSE.

### Where can I read the original Augmont Enterprises Limited IPO documents?

All 1 filing for Augmont Enterprises Limited (Prospectus) are listed on this page with links to the original PDFs on SEBI's website. Every page reference cites the exact page of the source document.

## Source documents

- [AUGMONT ENTERPRISES LIMITED - Prospectus](https://www.sebi.gov.in/sebi_data/attachdocs/aug-2026/1787821632446.pdf) (Prospectus, filed 27 Aug 2026)

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Source: InnerKore IPO (https://ipo.innerkore.com/). Read from public SEBI filings by automated extraction; check the linked documents. Not investment advice.
