National News
GJEPC and Trade Opportunities seminar: fostering knowledge-sharing, collaboration, and global competitiveness
GJEPC successfully organized an insightful seminar titled “GJEPC and Trade Opportunities” for the gem and jewellery community of Zaveri Bazaar on April 11, 2025. The event was aimed at raising awareness about the Council’s various initiatives and support systems designed to boost the growth and global reach of the Indian gem and jewellery industry. The seminar drew a strong turnout, with more than 200 industry professionals in attendance, including exporters, traders, wholesalers, young entrepreneurs, and members of prominent trade bodies.
The seminar began with a welcome address by Khusboo Ranawat , Regional Chairperson , Western Region and GJEPC Regional Representative, who highlighted the Council’s ongoing efforts to empower MSMEs and exporters by providing market intelligence, financial assistance, and opportunities for international exposure. The speaker emphasized the importance of capacity building and collaboration within the sector to drive sustainable growth.
This was followed by a detailed presentation by GJEPC officials, which covered the Council’s various export facilitation services, upcoming international trade fairs and buyer-seller meets, financial support schemes, and strategic trade advantages available under agreements such as the India-UAE CEPA. The session was tailored to equip participants with practical knowledge to help them tap into global markets more effectively.
A panel discussion featuring seasoned exporters and trade consultants provided valuable insights into navigating international markets. Panelists discussed strategies for expanding into new regions, overcoming the challenges faced by small businesses, and embracing digital tools and branding to stay competitive in the evolving landscape of the jewellery trade.
The event also included an interactive Q&A session, where participants actively engaged with the speakers on topics like export registration, compliance processes, product certifications, and government funding schemes. The open dialogue fostered a spirit of learning and encouraged first-time exporters to explore new possibilities with greater confidence.
In a special felicitation ceremony, GJEPC honored three key trade bodies for their unwavering support and contribution to the growth of the industry. Mumbai Wholesale Gold Association, Jewellers Youth Forum, and Zaveri Bazaar Welfare Association were felicitated along with their respective teams for their role in strengthening the ecosystem and promoting unity among the trade community.
The seminar was extremely well-received by all attendees, who appreciated the depth of information shared and the opportunity to network with peers and industry experts. The event reinforced GJEPC’s commitment to serving as a guiding force for the Indian gem and jewellery sector by fostering knowledge-sharing, collaboration, and global competitiveness.
National News
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%.
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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