Augmont Enterprises Ltd. (AUGMONT)

Augmont Enterprises Limited operates as an integrated gold and silver platform in India. It engages in procurement and refining, bullion trading, digital gold offerings, jewellery manufacturing, international sales and facilitating gold-backed financial services. The company operates its enterprise sales vertical through its ‘Augmont SPOT' platform, a fully electronic, over-the-counter delivery-based bullion platform that enables such as jewelers, bullion dealers, and manufacturers with valid GST registrations to purchase gold and silver bars online. 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. In addition, the company manufactures and sells gold jewelry articles, which include chains to jewelry traders, as well as platinum. Further, it 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 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.