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Home All IPOs International Gemmological Institute (India) Ltd. IPO
International Gemmological Institute (India) Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹417
Issue Price
₹417
Face ₹2
GMP
+₹0
+0% premium
Est. Listing
₹417
GMP based
Lot Size
35
shares / lot
Min Amount
₹14,595
1 lot · 35 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
13 Dec 2024
Fri Completed
Done
Close Date
17 Dec 2024
Tue Completed
Done
Allotment
18 Dec 2024
Wed Completed
Done
Refund
19 Dec 2024
Thu Completed
Done
Demat Credit
19 Dec 2024
Thu Completed
Done
Listing Date
20 Dec 2024
Fri Completed
UPI Deadline: 17 Dec 2024
Issue Details
Pricing & Size
Issue Price
₹417 Face ₹2
Lot Size
35 shares
Min Investment
₹14,595
Total Issue Size
10,13,23,893 shares (aggregating up to ₹4,225.00 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
7,59,53,238 (74.96%)
NII / HNI
1,51,90,647 (14.99%)
Retail
1,01,27,098 (9.99%)
Employee
52,910 (0.05%)
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
39,67,83,045 shares
Post-Issue Shareholding
43,21,59,696 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 35 ₹14,595
HNI / NII 14 490 ₹2,04,330
bHNI / bNII 69 2,415 ₹10,07,055
Objects of Issue
2 objectives
1
Payment of the purchase consideration for the acquisition of IGI Belgium Group and IGI Netherlands Group from the Promoter; and
2
General corporate purposes.
Lead Managers & Market Maker
Book Running Lead Managers
Axis Capital Ltd.
Kotak Mahindra Capital Co.Ltd.
Morgan Stanley India Co.Pvt.Ltd.
SBI Capital Markets Ltd.
IPO Timeline
Open
13 Dec
✓ Done
Close
17 Dec
✓ Done
Allotment
18 Dec
✓ Done
Listing
20 Dec
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
igil.ipo@kfintech.com
Company Contact
Email
investor.relations@igi.org
Phone
+91 224035 2550
Address
702, 7 th Floor The Capital, Bandra Kurla Complex, Bandra (E), Mumbai-400051 Bandra, Maharashtra
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹417
Est. Listing
₹417
Lot Size
35 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
International Gemmological Institute (India) Ltd. LIVE
INR ·
vs Issue
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Mkt Cap
P/E
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| Price
Market Reference
IPO Issue Price
₹417
GMP
+₹0 (+0%)
GMP Est. Listing
₹417
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 7,59,53,238 (74.96%) ₹316,725.01 Cr
NII / HNI (Total) 1,51,90,647 (14.99%) ₹63,345.00 Cr
Retail Investors 1,01,27,098 (9.99%) ₹4,223.00 Cr
Employee 52,910 (0.05%) ₹22.06 Cr
Total ** 10,13,23,893 (100.00%) ₹4,225,206.34 Cr
* Based on ₹417.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
7,59,53,238 (74.96%)
NII
1,51,90,647 (14.99%)
Retail
1,01,27,098 (9.99%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric30 Sep 202431 Dec 202331 Dec 2022
Revenue619.49648.66499.33
PAT326.06324.74241.76
EBITDA
Net Worth643.41509.01339.07
Total Assets775.60603.20409.03
Reserves111.46
Borrowings
Key Financial Ratios
76.58%
ROE
Return on Equity
80.96%
ROCE
Return on Capital Employed
76.58%
RONW
Return on Net Worth
50.98
Pre P/E
P/E Pre-Issue
82.9
Post P/E
P/E Post-Issue
About International Gemmological Institute (India) Ltd.

Incorporated in February 1999, International Gemmological Institute (India) Limited is a globally recognized organization certifying and grading diamonds, gemstones, and jewellery.

IGI provides independent grading reports that analyze and certify the characteristics of stones using internationally recognized standards. These reports include details about the stone's colour, cut, clarity, and carat weight.

IGI also offers education courses and degree plans for the gem and jewellery trade and has a research department.

IGI operates 31 laboratories worldwide that grade finished jewellery, natural diamonds, lab-grown diamonds, and gemstones. Additionally, it has 18 gemology schools that graduate thousands of students each year.

The services offered by the company are as follows

  • Diamond grading includes reports on the 4Cs (cut, colour, clarity, carat weight) for natural and lab-grown diamonds and details on fluorescence and symmetry.
  • Evaluating the quality and authenticity of coloured stones like rubies, sapphires, and emeralds and issuing detailed grading reports.
  • Evaluating finished jewellery involves assessing diamond and coloured stone quality, craftsmanship, and overall value.
  • Offering educational programs and courses in gemology, diamond grading, jewellery design, and related subjects.

As of September 30, 2024, the company has a network of 20 laboratories and 9 schools under the Pre-Acquisition Group, supported by 843 employees, including 316 gemologists and other professionals in research, education, and certification processes.

As of September 30, 2024, IGI's certification business operates through 31 branches and laboratories in 10 countries, including key markets like Surat and Mumbai in India, Antwerp, New York, Bangkok, Dubai, Hong Kong, and Shanghai.

Competitive Strength

  • The company is the second-largest independent certification provider globally for diamonds and jewellery, operating in a high-barrier industry.
  • Provider of certification services for the rapidly growing laboratory-grown diamond industry.
  • An extensive range of certification and accreditation services is offered to a diverse group of customers throughout the value chain.
  • Education initiatives that support spreading awareness, building customer partnerships and the company's brand.
Frequently Asked Questions
What is the issue price of International Gemmological Institute (India) Ltd. IPO?
The issue price of International Gemmological Institute (India) Ltd. IPO is ₹417 per share, face value ₹2.
What is the lot size?
Minimum lot size is 35 shares, requiring ₹14,595.
What are the IPO dates?
Opens 13 Dec 2024, closes 17 Dec 2024.
When is the listing date?
Tentative listing: 20 Dec 2024 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹417 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

International Gemmological Institute (India) Ltd. IPO · Expected 18 Dec 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
18 Dec 2024
Refund Initiation
19 Dec 2024
Demat Credit
19 Dec 2024
Listing Date
20 Dec 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹417
Face ₹2
Lot Size
35
shares / lot
Min Amount
₹14,595
1 lot
Est. Listing
₹417
GMP +₹0
Key Dates
Open
13 Dec Done
Close
17 Dec Done
Listing
20 Dec Done
Registrar
Kfin Technologies Ltd.
A
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