
TNA Solutions IPO Details
Last Updated on October 1, 2026 TNA Solutions Ltd. IPO Incorporated in September 2021, TNA Solutions Limited is engaged in the manufacturing of home textile products for domestic and international
Incorporated in October 2012, Augmont Enterprises Limited is an integrated gold and silver platform serving businesses and consumers across India and international markets.
The Company operates across multiple segments of the gold and silver value chain, including procurement and refining, bullion trading, digital gold, jewellery manufacturing, international sales and technology support for gold-backed financial services. Its business is operated through the Augmont SPOT platform for enterprise and international sales and Augmont Gold For All for consumer-focused offerings, supported by online and offline distribution channels.
The Company has a diversified and technology-enabled ecosystem with a strong presence across the gold and silver value chain. Augmont SPOT provides electronic bullion trading and physical delivery services to jewellers, bullion dealers and manufacturers, while Augmont Gold For All enables consumers to buy, sell and store gold and silver digitally, invest through systematic plans, purchase coins and access gold-related services. As of March 31, 2026, the Company had a presence across 24 states, over 5,223 registered enterprise members and had served more than 49.62 million registered digital gold consumers directly and through its alliances. It operates gold and silver refining units in Rudrapur and Mumbai and a jewellery manufacturing facility in Sitapur SEZ, Jaipur.
As of March 31, 2026, the Company had 297 employees, comprising 296 permanent employees and 1 contractual employee across accounts, business sales, factory, technology, customer support, marketing, legal and other functions. The Company is supported by deep industry expertise, an established brand, a wide distribution network and a scalable technology platform with a robust price discovery mechanism.
Strengths
Augmont Enterprises Ltd.’s revenue increased by 42% and profit after tax (PAT) rose by 53% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 1,256.98 | 1,857.31 | 760.29 |
| Total Income | 94,282.47 | 66,252.05 | 34,948.90 |
| Profit After Tax | 348.30 | 227.19 | 75.97 |
| EBITDA | 385.95 | 304.09 | 103.92 |
| NET Worth | 926.87 | 422.94 | 204.87 |
| Reserves and Surplus | 865.14 | 398.46 | 180.39 |
| Total Borrowing | 12.67 | 21.54 | 54.86 |
| Amount in ₹ Crore | |||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Advit Jewels Ltd. | Mainboard | ₹165.16 Cr | ₹138 | 18.41 | ₹179.46 | +30.04% | ₹177.39 |
| PNGS Reva Diamond Jewellery Ltd. | Mainboard | ₹379.52 Cr | ₹386 | 10.96 | ₹411.70 | +6.66% | ₹564.35 |
| Shringar House of Mangalsutra Ltd. | Mainboard | ₹400.92 Cr | ₹165 | 19.47 | ₹184.88 | +12.05% | ₹224.48 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding future working capital requirements towards procurement, maintenance and scaling up of inventory and funding advance margin requirements for procurement of inventory by the Company | 465.00 |
| 2 | General corporate purposes |
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 51.04% | 74.19% |
| ROCE | 40.27% | 70.10% |
| Debt/Equity | 0.01 | 0.05 |
| RoNW | 49.52% | 69.47% |
| PAT Margin | 0.37% | 0.34% |
| EBITDA Margin | 0.41% | 0.46% |
| NAV | 111.00 | 52.21 |
| Price to Book Value | 7.10 | 15.09 |
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 41.71 | 38.12 |
| P/E (x) | 18.89 | 20.67 |
| IPO Date | 21 to 25 Aug, 2026 |
| Listing Date | Mon, Aug 31, 2026T |
| Face Value | ₹5 per share |
| Price Band | ₹750 to ₹788 |
| Lot Size | 19 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,04,69,541 shares (agg. up to ₹825 Cr) |
| Fresh Issue | 78,68,020 shares (agg. up to ₹620 Cr) |
| Offer for Sale | 26,01,521 shares of ₹5 (agg. up to ₹205 Cr) |
| Share Holding Pre Issue | 8,35,05,486 shares |
| Share Holding Post Issue | 9,13,73,506 shares |
The promoters of the company are Ketan Bhawarlal Kothari, Mohinidevi Bhawarlal Kothari, Kalawati Prithviraj Kothari, Namita Ketan Kothari, Devkumari Manekchand Kothari, Manakchand Saremal Kothari, Vivek Prithviraj Kothari, Dimple Mukesh Kothari and Dimpal Vivek Kothari.
| Share Holding Pre Issue | 92.75% |
| Share Holding Post Issue | 81.91% |
As per our analysis and Based on the information we have, this is the output.
Allah knows best.
If you find this result mistaken or questionable, let us know via email at info (@) halalstock.in
The IPO dashboard offers insights on the Latest Current & Upcoming IPOs in BSE & NSE. It also evaluates IPOs for Shariah compliance, ensuring alignment with Islamic principles for ethical investment choices.

Last Updated on October 1, 2026 TNA Solutions Ltd. IPO Incorporated in September 2021, TNA Solutions Limited is engaged in the manufacturing of home textile products for domestic and international

Last Updated on October 1, 2026 Omara Ventures India Ltd. IPO Incorporated in October 2020, Omara Ventures India Limited is a retail jewellery company engaged in the sale of diamond

Last Updated on October 1, 2026 Sollfege Smart Electronics Ltd. IPO Incorporated in November 2012, Sollfege Smart Electronics Limited is engaged in the distribution, integration and implementation of premium audio,
You can contribute as little as
100, 200, 500 & so…
every bit counts.