International Gemmological Institute India Limited IPO
MainboardDiversified Commercial Services
Listed On: Dec 20, 2024 at ₹ 510.0(NSE)
₹ 14595 /35 Shares
Check Allotment13 Dec, 2024
Open Date17 Dec, 2024
Close Date18 Dec, 2024
Allotment Date20 Dec, 2024
Listing DatePrice Summary
Last Closing
336.75 (-19.24%)52 Week High
642.3052 Week Low
282.00Last Update
17-Oct-2025 3:30 PMInternational Gemmological Institute India IPO Issue Details
- Issue Price ₹397-417 per equity share
- Face Value ₹2 Per Equity Share
- Total Issue Size 10,13,18,944 shares(aggregating up to ₹4225 crore)
- Fresh Share 3,53,71,702 shares(aggregating up to ₹1475 crore)
- Offer For Sale 6,59,47,242 shares(aggregating up to ₹2750 crore)
- Listing at BSE, NSE
- List Price 510.0(NSE)
- Listing Date 2024-12-20
- Lead Manager Axis Capital Limited
Kotak Mahindra Capital Company Limited
Morgan Stanley India Company Pvt Ltd
SBI Capital Markets Limited - Registrar Kfin Technologies Limited
Market Lot Size
Investors can bid for a minimum of 35 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 35 | ₹14,595 |
| Retail(max) | 13 | 455 | ₹1,89,735 |
International Gemmological Institute India IPO Reservation
International Gemmological Institute India IPO offers total 10,13,23,892 shares. Out of which 3,03,81,295 (29.98%) allocated to QIB, 1,51,90,647 (14.99%) allocated to NII,1,01,27,098 (9.99%) allocated to RII, 52,910 (0.05%) allocated to employees and 4,55,71,942 (44.98%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 4,55,71,942 (44.98%) | |
| QIB Shares Offered | 3,03,81,295 (29.98%) | |
| NII (HNI) Shares Offered | 1,51,90,647 (14.99%) | |
| bNII < ₹10L | 1,01,27,098 (9.99%) | |
| sNII < ₹10L | 50,63,549 (5%) | |
| Retail Shares Offered | 1,01,27,098 (9.99%) | |
| Employee Shares Offered | 52,910 (0.05%) | |
| Total Shares Offered | 10,13,23,892 (100%) |
International Gemmological Institute India IPO Details
International Gemmological Institute India IPO is a book-built issue of ₹4225 crores, The total issue size is ₹4225 crores. The IPO of International Gemmological Institute India is priced at ₹397-417 per equity share, which has a face value of ₹2 Per Equity Share each, IPO bidding starts from Dec 13, 2024 and ends on Dec 17, 2024. The allotment for International Gemmological Institute India IPO will be finalized on Dec 18, 2024. International Gemmological Institute India IPO will be listed on BSE, NSE, with a tentative listing date fixed as Dec 20, 2024. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Limited is the registrar of the issue.
Retail investors can bid for a minimum of 35 shares, extendable to 14,595. The book-running lead manager for the IPO is/are Axis Capital Limited, Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Pvt Ltd, SBI Capital Markets Limited.
The total issue ₹4225 crore, comprising a fresh issue of 3,53,71,702 shares ₹1475 crore and having Offer for Sale (OFS) of 6,59,47,242 shares to mop up ₹2750 crore.
The International Gemmological Institute India IPO sets its price band at 397-417 for each share. A single application for International Gemmological Institute India Limited IPO must contain at least 35 shares. Sentiment investors need to invest a minimum of 35 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,595
International Gemmological Institute India IPO Subscription Analysis And Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 30,381,295 | 15,190,647 10,127,098 5,063,549 | 10,127,098 | 55,751,950 |
Day 1 13-12-24 05:00 PM | 0.00 x | 0.14 0.09 x 0.25 x | 0.70 x | 0.17 x |
Day 2 16-12-24 05:00 PM | 0.09 x | 0.83 0.59 x 1.32 x | 2.44 x | 0.72 x |
Day 3 17-12-24 05:00 PM | 45.80 x | 24.83 28.35 x 17.79 x | 11.17 x | 33.77 x |
International Gemmological Institute India Valuations
International Gemmological Institute India Company Financials
| 30-Sep-24 | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 | |
|---|---|---|---|---|
| Assets | 775.60 | 603.20 | 409.03 | 319.69 |
| Revenue | 619.49 | 648.66 | 499.33 | 374.29 |
| Profit After Tax | 326.06 | 324.74 | 241.76 | 171.53 |
About International Gemmological Institute India Company
The International Gemological Institute (India) Limited (IGI) is a global leader in the certification and accreditation of natural diamonds, laboratory-grown diamonds, studded jewelry, and colored gemstones. IGI has positioned itself as the biggest player in its domain by having served the diverse needs of its stakeholders in the jewelry industry. It is owned by Blackstone-one of the world's largest private equity firms.
Global Reach and Expertise:
IGI operates an extensive network of state-of-the-art facilities, with very skilled gemologists to ensure precise and reliable certification services. The group's operations around the globe cater to manufacturers, retailers, and consumers with transparent operations that provide trust up the value chain. Its strong reputation has been a hallmark as a partner for all its stakeholders worldwide.
Commitment to Innovation and Excellence:
IGI stands out at the forefront of the jewelry industry by giving unbiased evaluations and certification, keeping up with the highest standards. Its leading processes for quality and dedication assure that customers make rational purchase decisions based on authentic quality products and, subsequently, strengthen their confidence about buying jewelry with the proper certificate.
With a great legacy of integrity, precision, and customer-centricity, International Gemological Institute (India) Limited remains one of the cornerstones of trust and excellence in the jewelry industry, paving its way for future growth and innovation.
International Gemmological Institute India - Promoter(s)
BCP Asia II TopCo Pte. Ltd.
Pre Issue Share Holding : 100%
Post Issue Share Holding : 76.55%
International Gemmological Institute India IPO - Issue Objectives
Payment of the purchase consideration for the acquisition of IGI Belgium Group and IGI Netherlands Group from the Promoter
General corporate purposes.
International Gemmological Institute India IPO - Anchor Investors
International Gemmological Institute mops up Rs 1,900 crore of Rs 4,225-crore IPO via anchor book.
Marquee names like Government Singapore, Monetary Authority of Singapore, Nomura Funds, Abu Dhabi Investment Authority, Government Pension Fund Global, Fidelity, Pinebridge Global Funds, Eastspring Investments, Carmignac Portfolio, and Natixis International Funds became new shareholders through anchor investment.
Domestic institutional investors including ICICI Prudential Mutual Fund, Axis Mutual Fund, Ashoka Whiteoak, Quant Mutual Fund, Motilal Oswal MF, Mirae Asset, PGIM India, Invesco India, Enam, LIC Mutual Fund, Aditya Birla Sun Life Insurance, SBI General Insurance, Edelweiss, and Bajaj Allianz Life Insurance also invested in the company anchor book.
Contact Details
International Gemmological Institute India
702, 7 th Floor, The Capital, Bandra Kurla, Complex, Bandra (E), Mumbai-400051
91 224035 2550
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
International Gemmological Institute India IPO - FAQs
Ans. International Gemmological Institute India Limited IPO is a Mainboard IPO. The issue is priced at ₹397-417 per equity share. The minimum order quantity is 35 Shares. The IPO opens on Dec 13, 2024, and closes on Dec 17, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The International Gemmological Institute India Limited IPO opens on Dec 13, 2024 and closes on Dec 17, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of International Gemmological Institute India Limited IPO is Total ₹4,225 Cr : #Fresh Issue : 35,371,702 shares(aggregating up to ₹1,475.00 Cr) + #OFS : 65,947,242 shares of ₹2(aggregating up to ₹2,750.00 Cr).
Ans. The International Gemmological Institute India Limited IPO price band is set between ₹397-417 per equity share.
Ans. To apply for International Gemmological Institute India Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find International Gemmological Institute India Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of International Gemmological Institute India Limited IPO is Dec 18, 2024.
Ans. The International Gemmological Institute India Limited IPO will be listed on Dec 20, 2024.
Ans. Follow the steps to check the International Gemmological Institute India Limited IPO allotment status online.
