IPO

International Gemmological Institute India Limited IPO

Mainboard Allotment Awaited

Offer Date: Dec 13, 2024 - Dec 17, 2024

Exp. Premium: 105-110 (25.18%)

₹ 14595 /35 Shares

Check Allotment

*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

International Gemmological Institute India IPO Live Subscription Details

Date
:
17 Dec 2024,05:00:00 PM
QIBs
:
45.80
NII
:
Bids above ₹10L: 28.35x
Bids below ₹10L: 17.80x
NII Total: 24.84
Retail
:
11.21x
Employee
:
20.63x
Total
:
33.78 times
International Gemmological Institute India IPO Details

13 Dec, 2024

Open Date

17 Dec, 2024

Close Date

18 Dec, 2024

Allotment Date

20 Dec, 2024

Listing Date

Issue Price

₹397-417 per equity share

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Limited

Market Lot

Retail : 35 Shares (₹14,595/-)
S-HNI : 490 Shares (₹2,04,330/-)
B-HNI : 2,415 Shares (₹10,07,055/-)

Lead Manager

Axis Capital Limited
Kotak Mahindra Capital Company Limited
Morgan Stanley India Company Pvt Ltd
SBI Capital Markets Limited

Issue Size

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)

Retail Portion

10% (Number of Retail Applications: 2,89,346 Approx),
(Number of S-HNI Applications : 10,334 Approx),
(Number of B-HNI Applications : 20,668 Approx)

Subscription

33.78 times

IPO Docs

DRHP RHP ANCHOR

International Gemmological Institute India IPO Subscription Details

As onQIBNII
bNII   sNII		RetailTotal
Shares Offered / Reserved30,381,29515,190,647
10,127,098    5,063,549		10,127,09855,751,950
Day 1 - 13-12-24 05:00 PM0.00 x0.14
0.09 x   0.25 x		0.70 x0.17 x
Day 2 - 16-12-24 05:00 PM0.09 x0.83
0.59 x   1.32 x		2.44 x0.72 x
Day 3 - 17-12-24 05:00 PM45.80 x24.83
28.35 x   17.79 x		11.17 x33.77 x
Total No. of Applications: 41,83,197 (Approx)
Retail Subscription on the basis of Applications: Retail:9.38x BHNI:5.91x SHNI:17.83x times

International Gemmological Institute India Valuations

Earnings Per Share (EPS)

₹N/A/-

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV) - As on 31.03.22

₹N/A

International Gemmological Institute India Company Financials All values are in ₹ Cr.

30-Sep-2431-Dec-2331-Dec-2231-Dec-21
Assets775.60603.20409.03319.69
Revenue619.49648.66499.33374.29
Profit After Tax326.06324.74241.76171.53

About The 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.

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International Gemmological Institute India - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 76.55%

Company Promoter(s)
  1. BCP Asia II TopCo Pte. Ltd.

International Gemmological Institute India IPO - Issue Objectives

  1. Payment of the purchase consideration for the acquisition of IGI Belgium Group and IGI Netherlands Group from the Promoter
  2. 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.

Other Details

Company Contact Details

International Gemmological Institute India

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/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: igil.ipo@kfintech.com

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

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. 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 IPO price band is set between ₹397-417 per equity share.

Ans. To apply for International Gemmological Institute India Limited IPO 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 allotment status for International Gemmological Institute India Limited IPO here.