Augmont Enterprises IPO Day 2 Subscription Status: Issue Subscribed 5.64x, NII Demand Leads

Mumbai, August 24: The Augmont Enterprises IPO has picked up strong momentum on its second day of bidding, with demand spreading across all major investor categories. The ₹825 crore IPO was subscribed 5.64 times as of 10:49 AM on August 24, with non-institutional investors putting in the strongest bids so far.

The issue had received bids for 4,14,46,125 shares against 73,43,908 shares available for subscription, according to the latest exchange data. At the upper end of the price band, the total bids were worth around ₹3,265.95 crore. The Augmont Enterprises IPO had already attracted 8,63,261 applications by the time of the update.

The NII category is currently the biggest driver of demand. It was subscribed 11.24 times, with bids for 1,75,59,838 shares against 15,62,817 shares reserved for the category.

Retail investors have also come in strongly, subscribing 5.44 times their allocated portion. The category received bids for 1,98,49,357 shares, compared with 36,46,575 shares on offer.

The QIB segment excluding anchor investors stood at 1.87 times, while the employee reservation was subscribed 2.89 times. Within the NII segment, the bNII portion was subscribed 9.68 times, while sNII demand was considerably stronger at 14.36 times.

Augmont Enterprises is a ₹825 crore bookbuilding issue, comprising a fresh issue of 78,68,020 shares aggregating up to ₹620 crore and an offer for sale of 26,01,521 shares worth up to ₹205 crore.

The IPO has a price band of ₹750 to ₹788 per share, with the issue closing for subscription on August 25, 2026.

Augmont Enterprises IPO Subscription Status Day 2 (As Of 10:49 AM)

The latest category-wise subscription data shows a broad-based response from investors:

• Overall: 5.64x
• Retail: 5.44x
• NII: 11.24x
• bNII (> ₹10L): 9.68x
• sNII (< ₹10L): 14.36x
• QIB (Ex-Anchor): 1.87x
• Employees: 2.89x
• Total Applications: 8,63,261

The NII category has clearly taken the lead, with the segment already subscribed more than 11 times. Interestingly, smaller NII applicants have shown even stronger participation, with the sNII portion reaching 14.36 times.

Retail demand is also comfortably above the shares available to the category. At 5.44 times, the retail book has received bids for nearly five and a half times its reserved portion.

QIB participation has moved only modestly from the first day, rising to 1.87 times from 1.85 times. Even so, the category is already fully covered, leaving the remaining bidding period to determine how much further institutional demand builds.

Day-Wise Subscription Trend

Augmont Enterprises IPO had a strong opening itself, with the issue ending Day 1 at 2.88 times subscription. The momentum continued into Day 2, pushing the overall figure to 5.64 times by the latest update.

The first day already gave the IPO a solid start, with the overall issue reaching 2.88 times subscription. Retail investors were at 2.94 times, while NII demand stood at 4.18 times.

Day 2 brought a much bigger jump, particularly from the non-institutional segment. NII subscription climbed from 4.18 times to 11.24 times, while retail demand moved from 2.94 times to 5.44 times.

The overall subscription has therefore nearly doubled from the Day 1 level, rising to 5.64 times. With one more day left, the final subscription figures could move considerably higher if the current pace holds.

IPO Details

• Issue Size: ₹825 crore
• Fresh Issue: 78,68,020 equity shares aggregating up to ₹620 crore
• Offer For Sale: 26,01,521 equity shares aggregating up to ₹205 crore
• Price Band: ₹750 to ₹788 per share
• Issue Price: ₹788 per share
• Lot Size: 19 shares
• Minimum Retail Investment: ₹14,972 (19 shares)
• Minimum S-HNI Investment: ₹2,09,608 (266 shares)
• Listing Exchange: BSE and NSE
• Issue Type: Bookbuilding IPO
• Employee Reservation: 50,759 shares

At the upper end of the price band, retail investors need to apply for at least 19 shares, requiring ₹14,972.

For S-HNI applicants, the minimum application is 266 shares, or 14 lots, which comes to ₹2,09,608 at the issue price.

Key Dates

• IPO Opens: August 21, 2026
• IPO Closes: August 25, 2026
• Tentative Allotment: August 27, 2026
• Refund Initiation: August 28, 2026
• Shares Credited To Demat Accounts: August 28, 2026
• Tentative Listing: August 31, 2026

About Augmont Enterprises Ltd.

Augmont Enterprises Limited, incorporated in October 2012, operates as an integrated gold and silver platform serving both businesses and consumers in India and international markets.

The company works across several parts of the precious metals value chain, including procurement and refining, bullion trading, digital gold, jewellery manufacturing and international sales. It also provides technology support for gold-backed financial services.

Its business operates through the Augmont SPOT platform for enterprise and international bullion sales, along with Augmont Gold For All, which focuses on consumer-oriented offerings supported through online and offline distribution channels.

Conclusion

The Augmont Enterprises IPO has delivered a strong performance on Day 2, with the overall issue subscription climbing to 5.64 times as of 10:49 AM on August 24. The biggest push has come from the NII segment, which is already subscribed 11.24 times, while retail investors have subscribed 5.44 times their reserved portion.

The response is also broad-based, with QIBs at 1.87 times and employees at 2.89 times. Within the NII category, the smaller-ticket segment has been particularly aggressive, reaching 14.36 times subscription.

With the IPO scheduled to close on August 25, investors have one more day to place their bids. The basis of allotment is expected on August 27, followed by refunds and demat credit on August 28. The shares are tentatively scheduled to make their debut on the BSE and NSE on August 31, 2026.

Source:

• https://www.nseindia.com/market-data/issue-information?symbol=AUGMONT&series=EQ&type=Active