International Gemmological Institute India Limited – IPO

The International Gemmological Institute IPO is being structured as a book-built issue, amounting to ₹4,225.00 crores. It comprises a fresh issue of ₹1,475.00 crores and an offer for sale valued at ₹2,750.00 crores.

The IPO is scheduled to be opened for subscription from December 13, 2024, to December 17, 2024. The allotment is expected to be finalized on December 18, 2024, a Wednesday. The listing of the IPO is planned on BSE and NSE, with the tentative listing date set as December 20, 2024, a Friday.

The price band for the IPO has been set between ₹397 and ₹417 per share.

Get the International Gemmological Institute IPO RHP for detailed information.

International Gemmological Institute India Limited – IPO Details

IPO Date December 13, 2024 to December 17, 2024
Listing Date December 20, 2024
Face Value ₹ 2 / Share
Price Band ₹ 397 to ₹ 417 / Share
Lot Size 35 Shares
Total Issue Size ₹4,225.00 Cr
Fresh Issue ₹1,475.00 Cr
Offer for Sale
Employee Discount
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue 396,783,045
Share holding post issue
Market Maker portion

International Gemmological Institute India Limited Timeline (Tentative Schedule)

International Gemmological Institute India Limited IPO opens on December 13, 2024, and closes on December 17, 2024.

IPO Open Date December 13, 2024
IPO Close Date December 17, 2024
Basis of Allotment December 18, 2024
Initiation of Refunds December 19, 2024
Credit of Shares to Demat December 19, 2024
Listing Date December 20, 2024
Cut-off time for UPI mandate confirmation November 26, 2024

International Gemmological Institute India Limited IPO Lot Size

Application Lots Shares Amount
Retail (Min)
Retail (Max)
S-HNI (Min)
S-HNI (Max)
B-HNI (Min)
HNI (Min)

International Gemmological Institute India Limited IPO Promoter Holding

Share Holding Pre Issue 100%
Share Holding Post Issue

International Gemmological Institute India Limited IPO Reservation

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered
Other Shares Offered
QIB Shares Offered Not less than 75% of the Net Offer
NII (HNI) Shares Offered Not more than 15% of the Net Offer
bNII > ₹10L
sNII < ₹10L
Retail Shares Offered Not more than 10% of the Net Offer
Employee Shares Offered
Total Shares Offered

International Gemmological Institute India Limited IPO Anchor Investors Details

Bid Date
Shares Offered
Anchor Portion Size (In Cr.)
Anchor lock-in period end date for 50% shares (30 Days)
Anchor lock-in period end date for remaining shares (90 Days)

About International Gemmological Institute India Limited

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

Independent grading reports are provided by IGI, which analyze and certify the characteristics of stones according to internationally recognized standards. Details about the stone's colour, cut, clarity, and carat weight are included in these reports.

Education courses and degree plans for the gem and jewellery trade are also offered by IGI, which maintains a research department.

A total of 31 laboratories are operated worldwide by IGI, where finished jewellery, natural diamonds, lab-grown diamonds, and gemstones are graded. Additionally, 18 gemology schools are operated, graduating thousands of students each year.

The services offered by the company are as follows:

  • Diamond grading is conducted, with reports provided on the 4Cs (cut, colour, clarity, and carat weight) for both natural and lab-grown diamonds, along with details on fluorescence and symmetry.
  • The quality and authenticity of coloured stones, including rubies, sapphires, and emeralds, are evaluated, and detailed grading reports are issued.
  • Finished jewellery is assessed, with evaluations performed on diamond and coloured stone quality, craftsmanship, and overall value.
  • Educational programs and courses in gemology, diamond grading, jewellery design, and related subjects are offered.


Key Performance Indicator

KPI Values
ROE 76.58%
ROCE 80.96%
Debt/Equity
RoNW 76.58%
P/BV
PAT Margin (%)
  Pre IPO Post IPO
EPS (Rs)
P/E (x)

Objects of the Issue (International Gemmological Institute India Limited IPO Objectives)

The Net Proceeds are proposed to be utilized by the Company for the following purposes:

  • The purchase consideration for the acquisition of IGI Belgium Group and IGI Netherlands Group from the Promoter will be paid.
  • General corporate purposes will be funded.

International Gemmological Institute India Limited Contact Details

International Gemmological Institute (India) Limited

702, 7 th Floor

The Capital, Bandra Kurla

Complex, Bandra (E), Mumbai-400051

Phone: +91 224035 2550

Email: investor.relations@igi.org

Website: https://www.igi.org/

International Gemmological Institute India Limited IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: igil.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

Frequently Asked Questions


What is International Gemmological Institute India Limited IPO?
The International Gemmological Institute India Limited IPO is classified as an Mainline IPO. The issue price is set between ₹397 and ₹417 per equity share. A minimum of 35 shares is required per order. The IPO will be open from December 13, 2024, to December 17, 2024. The shares are proposed to be listed on BSE, NSE.

When does the International Gemmological Institute India Limited IPO open and close?
The International Gemmological Institute India Limited IPO will be opened on December 13, 2024, and closed on December 17, 2024.

What is the issue size of the International Gemmological Institute India Limited IPO?
The size of the International Gemmological Institute India Limited IPO is in total. A fresh issue of ₹1,475.00 Cr shares, aggregating up to , is included.

What is the price band of the International Gemmological Institute India Limited Limited IPO?
The price band for the IPO has been set between ₹397 - ₹417 per equity share.

What is the allotment date of the International Gemmological Institute India Limited IPO?
The share allotment date for the International Gemmological Institute India Limited IPO is set for December 18, 2024.

What is the International Gemmological Institute India Limited listing date?
The International Gemmological Institute India Limited IPO is scheduled to be listed on December 20, 2024.

Lamfindia specializes in offering innovative financial solutions, including stock broker services, mutual fund investments, and IPO guidance.