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.
| 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 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 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | |||
| Retail (Max) | |||
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) |
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue |
| 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 | |
| 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) |
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:
| 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) |
The Net Proceeds are proposed to be utilized by the Company for the following purposes:
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/ |
Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: igil.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
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