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Augmont Enterprises Makes Strong Stock Market Debut

Augmont Enterprises Made Its Stock-Market Debut On August 31, With Shares Listing At ₹961 On The NSE, A 21.95% Premium Over Its IPO Issue Price Of ₹788. On The BSE, The Stock Opened At ₹956, Up 21.32%.

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Shares of Augmont Enterprises Ltd made a strong debut on the NSE and BSE on August 31, listing at Rs 961 on the NSE, a 21.95% premium to the IPO issue price of Rs 788. On the BSE, the stock opened at Rs 956, up 21.32%. The shares subsequently touched around Rs 1,020 during early trade, while the broader Sensex and Nifty 50 were trading lower.

The Rs 825-crore IPO, which opened from August 21 to 25, comprised a Rs 620-crore fresh issue and a Rs 205-crore offer for sale. The issue attracted substantial investor participation, receiving nearly 106 times subscription. The fresh issue proceeds are intended towards inventory procurement and maintenance, advance margin requirements and general corporate purposes.

Augmont Enterprises operates as an integrated gold and silver platform, with a presence across 24 states. Its business spans precious-metal procurement and refining, bullion trading, digital gold, jewellery manufacturing, international sales and gold-backed financial services.

The company reported revenue from operations of Rs 94,186.2 crore in FY26, compared with Rs 66,230.8 crore in FY25, while profit rose to Rs 333.9 crore from Rs 217.8 crore during the same period.

The listing came amid a weak broader market, with Augmont’s debut performance drawing attention to the growing presence of precious-metals businesses in India’s listed equity market.

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GemLead Focus:IIM Ahmedabad and GJC Continue Landmark Collaboration

An Exclusive Executive Masterclass On Leadership, Excellence, and Advanced Development

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The All India Gem & Jewellery Domestic Council (GJC), the apex body of India’s gems and jewellery sector, is building on the resounding success of last year’s inaugural edition by advancing its landmark collaboration with IIM Ahmedabad through GemLead Focus an exclusive executive masterclass designed to redefine leadership, excellence, and advanced development for the industry.

This year’s programme, held from 31st August to 3rd September 2026 at the IIM Ahmedabad campus, brings together leading professionals and entrepreneurs from the gems and jewellery industry for an immersive residential learning experience led by IIMA’s distinguished faculty.

Adding to the programme’s impact, esteemed guest speakers Mr. Pankaj R. Patel, Chairman of Zydus Lifesciences, and Mr. Sandeep Engineer, Managing Director of Astral Polytechnik Ltd., will share their distinguished experiences and perspectives. Through immersive indepth interactive sessions, they will provide participants with invaluable insights, offering opportunities to engage directly with industry leaders and draw meaningful learnings that can be applied to their professional and business journeys.

Participants will explore a curated mix of high‑impact topics, including:

Family Business and Scaling Up

  • Family Business Dynamics: Hurdle to Growth
  • Professionalisation in Family Business

Strategy and Behaviour for Growth

  • Leading for Growth
  • Preparing and Executing Business Strategies
  • Developing and Empowering Human Capital

Valuation and Wealth Management

  • Valuation of Early Stage Firms and Understanding Cost of Capital
  • M&A – Deal Arithmetic
  • A Goal‑Oriented Asset Allocation Approach for Wealth
  • Legacy Wealth Management for Multiple Generations

Rajesh Rokde, Chairman, GJC:

“GemLead Focus continues to shape the leadership pipeline of the gems and jewellery industry. Through this collaboration with IIM Ahmedabad, we aim to provide our members with transformative learning that helps them scale their businesses, drive innovation, and embrace global best practices. By integrating insights on family business professionalisation, strategy execution, and wealth management, this programme empowers our members to lead with clarity, innovate with confidence, and build resilient, future‑ready enterprises.”

Avinash Gupta, Vice Chairman, GJC:

“We are delighted to continue our collaboration with IIMA through GemLead Focus. The gems and jewellery sector is a vital contributor to India’s economy, and this programme is tailored to strengthen leadership, enhance managerial excellence, and prepare industry leaders for future challenges. The addition of distinguished guest speakers further enriches the learning experience, offering perspectives that will inspire participants to think beyond boundaries.”

Ketan Choksi, Convenor, GemLead:

“GemLead Focus builds on the strengths of GJC and IIM Ahmedabad to deliver a transformative learning experience exclusively for the gems and jewellery industry. Designed to provide actionable insights and practical tools, the programme equips participants to drive sustainable growth, enhance competitiveness, and lead with excellence in a rapidly evolving business landscape. The inclusion of eminent guest speakers ensures that participants gain perspectives from leaders who have successfully navigated diverse industries.”

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