International Gemmological Institute (India) Ltd
Price Range
₹397 - ₹417
Min. Quantity
35
Closes on
17 December 2024
Min. investment
₹14,595/455 Shares
International Gemmological Institute (India) Ltd IPO Timeline
International Gemological Institute India Limited was incorporated as International Gemmological Institute (India) Private Limited' at Mumbai, Maharashtra as a Private Limited Company, pursuant to a Certificate of Incorporation dated February 23, 1999, issued by the Registrar of Companies, Maharashtra at Mumbai, which subsequently got converted to Public Limited Company and the name of Company has changed to International Gemmological Institute (India) Limited' vide fresh Certificate of Incorporation dated July 10, 2024 issued by the RoC.
| Event | Date |
|---|---|
| International Gemmological Institute (India) Ltd IPO Opening Date | 13 December 2024 |
| International Gemmological Institute (India) Ltd IPO Closing Date | 17 December 2024 |
| Basis of Allotment | 18 December 2024 |
| Initiation of Refunds | 19 December 2024 |
| Credit of Shares to Demat | 19 December 2024 |
| International Gemmological Institute (India) Ltd IPO Listing Date | 20 December 2024 |
International Gemmological Institute (India) Ltd IPO Details
| International Gemmological Institute (India) Ltd IPO Date | 13 December 2024 to 17 December 2024 |
| International Gemmological Institute (India) Ltd IPO Face Value | ₹2 per share |
| International Gemmological Institute (India) Ltd IPO Price | ₹397 to ₹417 per share |
| International Gemmological Institute (India) Ltd IPO Lot Size | 35 |
| Issue Size | Shares of ₹2 (aggregating up to ₹4,225 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹1475 Cr) |
| Offer for Sale | Shares of ₹2 (aggregating up to ₹2,750 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 3,19,11,839 of the Net Offer |
| Retail Shares Offered | Not less than 1,06,37,279 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 1,59,55,919 of the Net Offer |
| Company Promoters | BCP ASIA II Topco Pte.Ltd |
International Gemmological Institute (India) Ltd IPO Lot Size
The International Gemmological Institute (India) Ltd IPO lot size is 35 shares. A retail-individual investor can apply for up to 13 lots (455 shares or ₹1,89,735).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 35 | ₹14,595 |
| Maximum | 13 | 455 | ₹1,89,735 |
- Strengths
- Risks
- Opportunities
- World's second largest independent certification and accreditation services provider among our global peers for loose stones and studded jewelry and in an industry characterized by barriers to entry.
- First mover and global market leader in providing certification services for the fast-growing laboratory grown diamond industry.
- Extensive range of services for certification and accreditation services provided to a diverse group of customers along the value chain.
- Education initiatives that support spreading awareness, building customer partnerships and our brand.
- Demonstrated track record of delivering growth in revenue, margins and returns.
- Experienced professional management team backed by the largest alternate asset manager globally.
Company Financials
International Gemmological Institute (India) Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Payment of the purchase consideration for the acquisition of the IGI Belgium Group and IGI Netherlands Group for its promoters
- General corporate purposes
International Gemmological Institute (India) Ltd IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 76.55% |
International Gemmological Institute (India) Ltd IPO Subscription Status (Bidding Detail)
The International Gemmological Institute (India) Ltd IPO is subscribed 33.78 times on 17 December 2024 05:00:00 PM. The public issue subscribed 11.2059 times in the retail category, 45.8044 times in the QIB category, and 24.8359 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 45.8044 | 24.8359 | 11.2059 | 20.6316 | 33.78 |
International Gemmological Institute (India) Ltd IPO Prospectus
International Gemmological Institute (India) Ltd IPO Listing Date
| Listing Date | 20 December 2025 |
| BSE Script | 544311 |
| NSE Symbol | IGIL |
| Listing In | BSE, NSE |
| ISIN | INE0Q9301021 |
| IPO Price | ₹417 |
| Face Value | ₹2 |
Company Contact Information
702 7th Floor The CapitalBandra Kurla Complex Bandra(E),Mumbai-400051
Phone: +91 22 4035 2550
Email: investor.relations@igi.org
Website: https://www.igi.org/
International Gemmological Institute (India) Ltd IPO Registrar
International Gemmological Institute (India) Ltd IPO Lead Manager(s)
- Axis Capital Ltd
- Kotak Mahindra Capital Company Ltd
- Morgan Stanley India Company Pvt Ltd
- SBI Capital Markets Ltd
FAQ
What is the issue size of International Gemmological Institute (India) Ltd IPO?
I have pre-applied for International Gemmological Institute (India) Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.