The International Gemological Institute is the world’s second-largest company to provide services related to the certification and accreditation of various types of diamonds. Moreover, the company provides many services to customers like in-depth diamond grading based on cut, color, clarity, and carat weight. As well as the company also puts in extra effort such as fluorescence, which means how diamonds will react under UV light and the symmetry of the diamonds as well. In India, IGI is the largest independent provider of certification and accreditation services, they hold around 50% of the market share for certifying diamonds, jewelry with diamonds, and colored stones in 2023.

International Gemological Institute IPO open date is December 13, 2024 and the IPO will close on December 17, 2024. The retail quota is 10%, QIB is 75%, and HNI is 15%. International Gemological Institute IPO to list on BSE, NSE on December 20, 2024.

The allotment of International Gemological Institute IPO date is December 18, 2024. The company reported revenue of ₹648.66 crores in December 2023 against ₹499.33 crore in December 2022. The company reported Profit of ₹324.74 crores in December 2023 against Profit of ₹241.76 crores in December 2022.

International Gemmological Institute IPO Details

IPO Issue Opening Date:13th Dec 2024
IPO Issue Closing Date:17th Dec 2024
IPO Issue Price:₹397.00-417.00 Per Share
IPO Listing At:BSE, NSE
Retail Quota:Not more than 10% of the Net Offer
IPO Issue Type:Book Build Issue
IPO Issue Size:₹4225.00 Cr
Offer for Sale:₹2750.00 Cr
Fresh Issue:₹1475.00 Cr
Face Value:₹2 Per Equity Share
Promoter Holding Pre IPO:100%
Promoter Holding Post IPO:76.55%

International Gemological Institute IPO Timeline

The International Gemological Institute IPO date is December 13 and the close date is December 17. The International Gemological Institute IPO allotment will be finalized on December 18 and the IPO listing on December 20.

IPO Open Date:December 13, 2024
IPO Close Date:December 17, 2024
Basis of Allotment:December 18, 2024
Refunds:December 19, 2024
Credit to Demat Account:December 19, 2024
IPO Listing Date:December 20, 2024

International Gemmological Institute IPO Lots

IPO ActivityDate
Issue Price₹397.00-417.00
Market Lot:35 Shares
1 Lot Amount:₹14595
Min Small HNI Lots(2-10 Lakh):490 shares (14 lots) – ₹204330
Min Big HNI Lots(10+ Lakh):2415 shares (69 lots) – ₹1007055

International Gemmological Institute (India) Limited: A Financial Overview

Period Ended30 Sep 202431 Dec 202331 Dec 202231 Dec 2021
Assets775.60603.20409.03319.69
Revenue619.49648.66499.33374.29
Profit After Tax326.06324.74241.76171.53
Net Worth643.41509.01339.07242.59
Reserves and Surplus111.46119.40

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IPO,

Last Update: December 14, 2024