International Gemmological Institute IPO GMP, Open Date, Allotment Status

The International Gemmological Institute IPO open date is on 13 December to 17 December 2024. This new IPO is a book-built issue of Rs 4225 crores. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is Rs 1,475 crore and offer-for-sale is Rs 2,750.

The International Gemmological Institute IPO price band is Rs 397 to Rs 417 per share. As of now, International Gemmological Institute IPO GMP is 30 indicates mild bullish sentiment for this IPO among investors.

The lot size is 35 shares and the allotment status is finalised on Wednesday, December 18, 2024. The minimum investment for the retail investors for 1 lot is expected to be around Rs 14,595.The registrar for the International Gemmological Institute IPO is Kfin Technologies Limited. The listing date is 20 December 2024.

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International Gemmological Institute IPO GMP

International Gemmological Institute IPO GMP quotation is around Rs 30 per share. The grey market premium quotation indicates huge interest of retail investors.

You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then International Gemmological Institute IPO GMP might rise in the coming days.

International Gemmological Institute IPO Price Band

The International Gemmological Institute IPO price band is Rs 397 to Rs 417 per share. The minimum amount of investment for the retail category is to be around Rs 14,595 and for small NII minimum investment is to be around Rs 1,89,735. The minimum investment for the Big NII is to be around Rs 10,07,055.

International Gemmological Institute IPO Open Date, Close Date

International Gemmological Institute IPO open date is Friday, 13 December 2024 and closing date is Tuesday, 17 December 2024. Initiation of refund date is December 19, 2024 and credit of shares will be on 19 December 2024.

International Gemmological Institute IPO Allotment Status

International Gemmological Institute IPO allotment status will be finalised on Wednesday, 18 December 2024. The listing will be on the BSE and NSE platforms on Friday, 20 December, 2024. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

International Gemmological Institute IPO Listing Date

International Gemmological Institute IPO's listing date will be on Friday, 20 December 2024. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

International Gemmological Institute IPO: Listing Date, Lot Size, Price Band

International Gemmological Institute IPO  Limited: About the Company

International Gemmological Institute Limited was incorporated in 1999, is a globally recognized organization certifying and grading diamonds, gemstones, and jewellery. They offer education courses and degree plans for the gem and jewellery trade and have a research department.

International Gemmological Institute Limited 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.

International Gemmological Institute Limited has a network of 20 laboratories and 9 schools under the Pre-Acquisition Group. It is supported by 843 employees, including 316 gemologists and other professionals in research, education, and certification processes.

International Gemmological Institute IPO Objectives

The funds raised through this IPO will be used for the payment of purchase consideration for the acquisition of IGI Belgium Group and IGI Netherlands Group. The remaining money will be used for fulfilling the general corporate purposes.

International Gemmological Institute IPO: Key Dates, Allotment, Listing Date

International Gemmological Institute IPO Subscription Status, IPO Reservation

International Gemmological Institute IPO subscription status will be available after the IPO opens on 13 December 2024. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors.

International Gemmological Institute IPO Lot Size Details

International Gemmological Institute IPO lot size is set at 35 shares. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,595 and the maximum is 13 lots, amounting to be around Rs 1,89,735. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,04,330.

International Gemmological Institute IPO Promoter Holdings

International Gemmological Institute IPO promoters are BCP Asia II TopCo Pte. Limited.

The promoters' shareholdings before the IPO were 100%; however, after the IPO, shareholdings will decline.

International Gemmological Institute Limited Company Financials

International Gemmological Institute Limited posted revenue of Rs 619.49 crore and net profit of Rs 326.06 crore for the period ending on 30 Sep  2024.

International Gemmological Institute IPO Registrar

International Gemmological Institute IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

International Gemmological Institute IPO Lead Managers

International Gemmological Institute IPO lead managers are Axis Capital Limited, Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited and SBI Capital Markets Limited.

How to apply to International Gemmological Institute IPO

Interested investors can apply to the International Gemmological Institute IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

International Gemmological Institute IPO Review

The International Gemmological Institute IPO may get a decent response from the general public. The company is involved in the grading of diamonds, gemstones, and jewelry business. So, investors interested in the jewelry sector can apply to this IPO.

This upcoming IPO is expected to witness low subscription in the last bidding date. Moreover, if the IPO gets a positive response then International Gemmological Institute IPO GMP will also rise.

International Gemmological Institute IPO FAQ

1. What are the details of the International Gemmological Institute IPO?

International Gemmological Institute IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 1,475 crore and offer-for-sale is of Rs 2,750.

2. When will the International Gemmological Institute IPO open and close?

International Gemmological Institute IPO open date is Friday, 13 December 2024 and closing date is Tuesday, 17 December 2024. Initiation of refund date is December 19, 2024 and credit of shares will be on 19 December 2024.

3. What is the International Gemmological Institute IPO GMP?

International Gemmological Institute IPO GMP quotation is around Rs 30 per share. The grey market premium quotation indicates huge interest of retail investors.

You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then International Gemmological Institute IPO GMP might rise in the coming days.

4. What are the details of the International Gemmological Institute IPO Subscription Status?

International Gemmological Institute IPO subscription status will be available after the IPO opens on 13 December 2024. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors.

5. Write the details of the IPO Allotment Status?

International Gemmological Institute IPO allotment status will be finalised on Wednesday, 18 December 2024. The listing will be on the BSE and NSE platforms on Friday, 20 December, 2024. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for the International Gemmological Institute IPO?

International Gemmological Institute IPO's registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status.

The lead managers are Axis Capital Limited, Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited and SBI Capital Markets Limited.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?