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Augmont Enterprises Limited files DRHP for IPO of total size Rs 800cr

Augmont Enterprises files DRHP with SEBI to launch IPO; presence spans 24 states across India

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Augmont Enterprises Limited, an integrated gold and silver platform in India serving businesses and consumers, with a presence across 24 states, as of August 31, 2025, has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI).

The IPO comprises of a Fresh issue of equity shares of face value Rs. 5 each aggregating up to Rs. 620 Crores and Offer for sale of equity shares of face value Rs. 5 each aggregating up to Rs. 180 Crores. The total offer size comprises equity shares of face value of Rs. 5 each aggregating up to Rs. 800 Crores. The offer for sale by promoter selling shareholders comprises of equity shares aggregating up to Rs. 60 Crores by Namita Ketan Kothari, equity shares aggregating up to Rs. 60 Crores by Vivek Prithviraj Kothari and equity shares aggregating up to Rs. 60 Crores by Dimple Mukesh Kothari.

The company proposes to utilise the net proceeds towards funding future working capital requirements towards procurement and maintenance of inventory and funding advance margin requirements for procurement purposes by the Company amounting to Rs 465 Crores as well as towards general corporate purposes.

Nuvama Wealth Management Limited, Intensive Fiscal Services Private Limited, JM Financial Limited and Motilal Oswal Investment.

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National News

P. N. Gadgil & Sons Unveils Bold New Men’s Gold Jewellery Collection for International Men’s Day

Featuring geometric gold rings and a signature midnight-blue bracelet, the collection by PNGS blends craftsmanship, modern design, and meaningful detail for today’s style-forward man.

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P. N. Gadgil & Sons is celebrating International Men’s Day by releasing a statement making new collection of men’s gold jewelry. The pieces are meant for those who really appreciate strong craftsmanship, bold shapes, and subtle but meaningful details. The collection brings together modern, geometric lines, rich textures, and the classic warmth of gold. Featuring standout rings and bracelets these are pieces that effortlessly level up your everyday look while honoring the character of today’s man.

The Collection Highlights:

Geometric Gold Rings: Defined by Design
These signature gold rings are the result of meticulous crafting, featuring striking, textured finishes and clear, architectural inspiration. Whether you prefer the dramatic zig-zag brushwork or the sculpted two-tone designs, every single ring is engineered to make a statement but in a distinctly luxurious and subtle way.

The Midnight Blue & Gold Bracelet
A centerpiece of the collection, this bracelet pairs deep midnight-blue woven detailing with a gold emblem inspired by ancient geometric symbolism. It’s equal parts modern minimalism and heritage craft making it a standout gift for Men’s Day. 

Men’s jewelry is quickly becoming one of the most dynamic and fastest-expanding categories in style today. Increasingly, men are using bold accessories as a powerful way to define their identity and express their personal style. This International Men’s Day, the brand is spotlighting designs that perfectly blend strength, sophistication, and real meaning making them ideal for everything from gift guides and style roundups to major editorial features.

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