Augmont, recently listed, has tied up with NSE India for Electronic Gold Receipts (EGR), with trading yet to start; analysts see it as a synergistic addition to its business

Tue 29 Sep 2026

Gold coin and bar demand

280 tons

Gold ETF AUM

120 tons

Digital gold market size

1.5 tons per month

Stock gain since listing

34 percent

Heard on Live TV News Channel between 12:44:34 - 12:45:49 IST.

• NSE said it has begun integrating with brokers to offer direct delivery of gold to end customers via EGR.
• India's gold investment demand was around 280 tonnes in coins and bars last year, with gold ETF AUM at about 120 tonnes and digital gold at 1.5 tonnes per month.
• Augmont said EGR could be a transformative product for how India buys gold, with plans to build a broader ecosystem including physical gold participation and easy conversion.
• Augmont said margins from EGR are expected to be similar to its existing spot and retail gold margins, though exact numbers are not yet known.
• Analyst Narendra Solanki (Anand Rathi) said Augmont is one of two Indian companies with both online and offline gold channels, is well positioned to benefit from EGR, and should provide decent returns to investors.

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