74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

IGI International Gemmological Institute (India) IPO (IGI International Gemmological Institute (India) Limited IPO) Detail

IGI International Gemmological Institute (India) IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 4225.00 Cr. The company is based in Mumbai and caters to Corporate Solutions sector. Axis Capital , Kotak Mahindra Capital Company , Morgan Stanley India Company , SBI Capital Markets are the merchant bankers of IGI International Gemmological Institute (India) IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 22nd August 2024.

IGI International Gemmological Institute (India) IPO open date is 13th December 2024 and close date is 17th December 2024. IPO Allotment Date is 18th December 2024 and Listing date is 19th December 2024.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 4225.00 Cr. Avg IPO Size (Sector Based) : ₹ 697.45 cr.
  • Sector: Corporate Solutions IPO so far: 14
  • Merchant Banker: Axis Capital IPO by BRLM so far: 161
  • City: Mumbai IPO so far: 184
  • Revenue (annualised): ₹ 1238.98 cr.
            PAT: (annualised): ₹ 652.12 cr. Read Financial Information >>
  • PE Ratio: 82.90x Average Sector PE Ratio: 20.56x

IGI International Gemmological Institute (India) IPO Date

Date of DRHP:
22nd August 2024
IPO Open Date:
13th December 2024
IPO Close Date:
17th December 2024
IPO Allotment Date:
18th December 2024
Initiation of Refund:
19th December 2024
IPO Listing Date:
19th December 2024

IGI International IPO Info, Size, Subscription

IGI International Gemmological Institute (India) IPO size is ₹ 4225.00 Cr. with IPO price of ₹ 417.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 4225.00 Cr.

Issue Price:
₹ 417.00

Market Capitalisation :
₹ 18020.85 Cr.

PE multiple :
82.90

Subscription :
35.48 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
76.55 %

IGI International Gemmological Institute (India) IPO Information

Sub Sector : engaged in certifying and grading diamonds, gemstones, and jewellery.
IGI's primary business is the provision of services related to the certification and accreditation of natural diamonds, laboratory-grown diamonds, studded jewelry and colored stones as well as the offering of educational programs. Company, IGI India, is part of IGI, which is one of the established reputed certifiers in the global market, according to the Redseer Report.
IGI is the world's second largest independent certification and accreditation services provider based on revenue for CY2023 among global peers for diamonds, studded jewelry and colored stones certifications, with a global market share of approximately 33%, based on the number of certifications of diamonds, studded jewelry and colored stones performed in CY2023, according to the Redseer Report. According to the Redseer Report, in India, which is the world's largest center
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Object of Issue (IGI International IPO Objectives)

  • Payment of the purchase consideration for the acquisition of IGI Belgium Group and IGI Netherlands Group from compnay's Promoter
  • General corporate purposes.

Axis Capital Limited is the book-running lead manager of the IGI International Gemmological Institute (India) IPO. Kfin Technologies Limited is the Registrar for IGI International Gemmological Institute (India) IPO.

IGI International Gemmological Institute (India) IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is IGI International Gemmological Institute (India) IPO?

IGI International Gemmological Institute (India) IPO, based in Mumbai, operates in the   Corporate Solutions sector with a focus on engaged in certifying and grading diamonds, gemstones, and jewellery.. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. IGI International Gemmological Institute (India) IPO size is ₹ 4225.00 Cr. with fresh issue size of ₹ 1475.00 Cr. and Offer for sale being ₹ 2750.00Cr.

When is IGI International IPO allotment?

The IPO allotment date for IGI International Gemmological Institute (India) IPO is expected to be 18th December 2024, after the finalization of basis of allotment. Investors can check IGI International Gemmological Institute (India) IPO allotment status on the registrars website, Kfin Technologies Limited . IGI International Gemmological Institute (India) IPO refund dates are 19th December 2024.

When is IGI International Gemmological Institute (India) IPO listing date?

IGI International Gemmological Institute (India) IPO is expected to be listed on 19th December 2024.

What is the price band for IGI International IPO?

The upper price band for the IGI International Gemmological Institute (India) IPO is set at ₹ 417.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is IGI International Gemmological Institute (India) IPO Review?

For IPO analysis on IGI International Gemmological Institute (India) IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for IGI International Gemmological Institute (India) IPO?

To apply for the IGI International Gemmological Institute (India) IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 17th December 2024. After submission, funds are blocked until the basis of allotment of IGI International Gemmological Institute (India) IPO is finalised.

Who is the merchant banker of IGI International IPO?

The merchant banker for IGI International Gemmological Institute (India) IPO is Axis Capital Limited , Kotak Mahindra Capital Company Limited , Morgan Stanley India Company Private Limited , SBI Capital Markets Limited . Axis Capital Limited , Kotak Mahindra Capital Company Limited , Morgan Stanley India Company Private Limited , SBI Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the IGI International Gemmological Institute (India) IPO RHP for further details.

Who is the Registrar of IGI International Gemmological Institute (India) IPO?

The registrar for IGI International Gemmological Institute (India) IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to IGI International Gemmological Institute (India) IPO through their official website or helpline.

What is the IGI International Gemmological Institute (India) IPO subscription?

IGI International Gemmological Institute (India) IPO was subscribed 35.48 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

IGI International Gemmological Institute (India) IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on IGI International Gemmological Institute (India) Financial Review Page

IGI International Gemmological Institute (India) IPO subscription was 35.48 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

IGI International Gemmological Institute (India) IPO listed at a listing price of 505.00 against the offer price of 417.00.

The current market price of IGI International Gemmological Institute (India) is 391.00.

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