INTERNATIONAL GEMMOLOGICAL INSTITUTE (INDIA) LIMITED

06 Nov '24 - 08 Nov '24 Individual Category Main Board BSE NSE

Min Investment

₹13895

Price Band

₹397-₹417

Issue Size

585.61 lakhs
Equity Shares

Lot Size

35

IPO Dates
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13 Dec 2024

Open Date

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17 Dec 2024

Close Date

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18 Dec 2024

Allotment Date

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20 Dec 2024

Listing Date

International Gemmological Institute IPO open date is 13 Dec 2024 to 17 Dec 2024. This new IPO is a book-built issue of 10.64 crore equity shares. This upcoming IPO is a combination of fresh issue and offer-for-sale.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.

Know Before Investing

Strengths icon

  • International Gemmological Institute IPO: Global presence with 31 laboratories across 10 major markets.
  • Expertise in certifying both natural and lab-grown diamonds.
  • High-barrier industry with limited competition, ensuring market exclusivity.

Weaknesses icon

  • International Gemmological Institute IPO: Heavy dependence on key markets like India and Antwerp
  • Limited direct consumer engagement, focusing mainly on B2B services
  • Vulnerability to economic downturns affecting the luxury goods industry

About International Gemmological Institute (india) Limited

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.

Founded

1999

Managing Director

Tehmasp Nariman Printer

Parent Organization

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IPO Objectives

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

Company Promoters

BCP Asia II TopCo Pte. Ltd

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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