
Retail & Consumer Goods · NSE / BSE
International Gemmological Institute (India) Limited (IGI), incorporated in February 1999, is a globally recognized organization specializing in certifying and grading diamonds, gemstones, and jewellery. Operating 31 laboratories and 18 gemology schools worldwide, including key markets such as Surat, Mumbai, Antwerp, New York, Bangkok, Dubai, Hong Kong, and Shanghai, IGI provides independent grading reports for natural and lab-grown diamonds, coloured stones, and finished jewellery, assessing attributes like cut, colour, clarity, carat weight, fluorescence, symmetry, craftsmanship, and overall value. The company also offers education programs in gemology, diamond grading, and jewellery design, supported by a dedicated research department. As of September 30, 2024, IGI’s Pre-Acquisition Group includes 20 laboratories and 9 schools, staffed by 843 employees, including 316 gemologists, ensuring internationally recognized standards and fostering industry expertise.
Price Band
₹397 – ₹417
Issue Size
₹4225 Cr
Lot Size
35 shares
GMP
+38.1%
Est. Listing
₹576
at current GMP
Subscribed
33.80x
overall
Open
13 Dec 2024
Close
17 Dec 2024
Allotment
18 Dec 2024
Refund
19 Dec 2024
Demat Credit
20 Dec 2024
Listing
20 Dec 2024
Designated Registrar: Kfin Technologies Limited
Allotment Date
18 Dec 2024
Basis finalization
Refunds Initiate
19 Dec 2024
Mandate release
Demat Credit
20 Dec 2024
Shares in demat
Listing Debut
20 Dec 2024
Trading begins
International Gemmological Institute (India) Limited is bringing an initial public offering (IPO) in the Retail & Consumer Goods sector with an aggregate issue size of ₹4,225 Crores. The shares are offered at a price band of ₹397 to ₹417 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 35 shares (approx. ₹14,595 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-12-20, while un-allotted funds or UPI block mandates will be released on 2024-12-19.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.