- Business
- AuSom Enterprise Limited (AUSOMENT.NS) is an India-based trading company primarily engaged in commodities, bullions, gold jewelry, diamonds, derivatives, shares and securities, and units of mutual funds; it also manufactures gold jewelry. Incorporated in 1984 and headquartered in Ahmedabad, Gujarat, the company operates within the financial services and capital markets sector, focusing on wholesale trading and investment activities across domestic markets. The company is part of the Mandalia Group and maintains joint ventures including IGR AUSOM LLP, Swadeshi Distributors LLP, and BSafal KZ Estate LLP for related trading and distribution operations.
Core offerings encompass trading in gold and silver bullions, polished diamonds, gold jewelry under proprietary manufacturing, equity shares and securities, mutual fund units, and commodity derivatives on exchanges; manufacturing activities center on gold jewelry production for wholesale distribution. The company targets institutional traders, retailers, and investors in the gems, jewelry, and financial instruments markets, with all operations concentrated in India.
In recent developments, AuSom Enterprise shifted its registered office from Moraiya to Bopal, Ahmedabad, effective October 1, 2025, as approved at the September 26, 2025 AGM, where FY2024-25 financials were adopted and a final dividend of Re.1 per share (10%) was declared. The company continues material related party transactions with affiliates including Zaveri and Company Private Limited, Ausil Corporation Private Limited, IGR AUSOM LLP, and Swadeshi Distributors LLP, approved for FY2024-25 through FY2026-27; it also received a letter of intent from Gujarat Urja Vikas Nigam Limited in November 2024 for power procurement via competitive bidding. Previously known as Core Emballage Limited until its name change in 2010 following a management takeover by Mandalia Group in 2009, the firm formed IGR AUSOM LLP in 2020 to expand trading capabilities.