• IPO proceeds deployment: Augmont is raising ₹620 crore through a primary issue within an ₹825 crore IPO, allocating approximately ₹465 crore to finance working capital requirements for inventory sourcing and transit.
• B2B spot platform: Serving 5,200 jewelers across 20 delivery centers in 13 states, the spot platform operates with Augmont acting as the central counterparty for all buy and sell transactions.
• Retail and digital reach: The consumer-facing platform connects around 49 million customers across 218 fintech partners and 4,690 retail touchpoints, including 106 dedicated Gold for All stores.
• Working capital cycle: Jewelers deposit a 2% to 5% upfront margin and settle the remaining amount within two days, while Augmont pays suppliers 100% upfront, maintaining an overall working capital cycle of 1.76 days.