Augmont Enterprises Limited Stock Price

Augmont Enterprises Limited operates as an integrated gold and silver platform in India. The company caters to businesses and consumers in procurement and refining, bullion trading, digital gold offerings, jewelry manufacturing, international sales, and facilitating gold-backed financial services. It operates through both online and offline channels for the purchase of gold and silver. The company operate in two business verticals through distinct online platforms, enterprise sales, through ‘Augmont SPOT’ platform and international sales; and consumer-focused offerings, delivered through ‘Augmont Gold for All’ platform and offline channels. The company operates its enterprise sales vertical through its ‘Augmont SPOT’ platform, a fully electronic, over-the-counter delivery-based bullion platform that enables businesses such as jewelers, bullion dealers, and manufacturers with valid GST registrations to purchase gold and silver bars. It is also involved in the sale of gold bullion to asset management companies in exchange for units of gold exchange traded funds (“ETF”) and trade in gold and silver ETF units. The company manufactures and sells platinum jewelry, and gold jewelry articles, primarily chains, to jewelry traders. The company serves consumers through its ‘Augmont Gold For All’ platform by offering access to a range of gold and silver related services. The company’s platform enables users to buy, sell, and store gold and silver digitally; purchase gold through systematic investment plans; liquidate and sell their old gold; purchase coins starting from 1 gm; and avail technology support for gold loans. Augmont Enterprises Limited was founded in 1994 and is based in Mumbai, India.