Augmont Enterprises

About Augmont Enterprises

Augmont Enterprises Limited is an integrated precious metals management company in India, operating across the entire gold and silver value chain. The company was incorporated on October 31, 2012, as “RSBL Spot Trading Private Limited,” later becoming Augmont Enterprises Private Limited and then a public limited company in May 2025. Founders include Ketan Bhawarlal Kothari, a Promoter and Whole-time Director with over 13 years of experience, and Sachin Gheesoolal Kothari, with over 13 years in digital gold. Mahendra Kumar Nemichand Bafna, also a Whole-time Director, has extensive experience in bullion trading since the company's inception.Augmont's business model consists of two main verticals: enterprise and international sales, and consumer-focused offerings. The enterprise segment operates through 'Augmont SPOT,' an electronic, over-the-counter (OTC) delivery-based bullion trading platform launched in 2012 for jewellers, dealers, and manufacturers. As of March 31, 2026, this platform had over 5,223 registered members and accounted for 86.8% of the company's revenue in Fiscal 2026. The consumer business is driven by 'Augmont Gold For All,' a platform enabling individuals to buy, sell, and store digital gold and silver, invest via Systematic Investment Plans (SIPs) starting from ₹10/day, purchase physical coins, and access technology for gold-backed loans. By March 2026, the company had served over 49.62 million registered digital gold consumers directly and through partners.To support its integrated model, Augmont operates two precious metal refining facilities in Rudrapur, Uttarakhand, and Mumbai, Maharashtra, with a combined installed capacity of 284 metric tonnes per annum as of March 31, 2026. It also has a jewellery manufacturing unit in Jaipur, Rajasthan, producing gold chains for international markets. The company has shown significant financial growth, with revenue from operations increasing from ₹349.2 billion in FY24 to ₹941.8 billion in FY26. Its integrated approach, combining procurement, refining, B2B trading, and B2C digital products, creates synergies, such as feeding its 'Sell Old Gold' business directly into its refining operations.