Augmont Enterprises to Launch ₹825-Crore IPO on August 21

Augmont is a company that works with gold and silver.

It wants to raise money so it can grow its business.

To do that, it is selling small pieces of the company called shares.

People can buy these shares starting on August 21.

Each share costs between 750 and 788 rupees.

The company hopes to collect about 825 crore rupees in total.

It will use the money to buy more gold and silver to keep in stock.

Some money will also pay for the company's everyday needs.

Augmont also runs websites where people can buy gold online.

After the sale, the shares will be traded on two big stock exchanges in India.