
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%
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
Overall Subscription
33.80x
Total Demand
QIB Multiplier
48.11x
Institutions & Funds
NII / HNI
26.09x
High Net-Worth
Retail (RII)
11.79x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 30,381,295 | 1,461,702,830 | 48.11x |
| NIB | 15,190,647 | 396,372,865 | 26.09x |
| HNIs(10L +) | 10,127,098 | 301,611,870 | 29.78x |
| HNIs (2-10L) | 5,063,549 | 94,760,995 | 18.71x |
| RETAIL | 10,127,098 | 119,395,360 | 11.79x |
| EMPLOYEES | 52,910 | 1,154,510 | 21.82x |
| Total | 70,942,597 | 2,374,998,430 | 33.80x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 289,346 | 3,411,296 | 11.79x |
| HNIs(10L +) | 20,668 | 615,534 | 29.78x |
| HNIs (2-10L) | 10,334 | 193,390 | 18.71x |
| Total Applications | 320,348 | 4,220,220 | 13.17x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Est. Listing
₹576
at current GMP
Subscribed
33.80x
overall
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.
The latest Grey Market Premium (GMP) for International Gemmological Institute (India) Limited IPO is ₹159 per equity share. Based on the upper price band of ₹397 to ₹417 per equity share, the estimated listing price is ₹576 (+38.1% expected listing gain).
With a lot size of 35 shares and current GMP of ₹159, the expected profit per application lot is approx ₹5,565 (+38.1% gain). Minimum application cost is approx ₹14,595.
The International Gemmological Institute (India) Limited IPO aggregate issue size is ₹4,225 Crores with an equity price band set at ₹397 to ₹417 per equity share. The retail lot size is 35 shares requiring a minimum capital outlay of approx. ₹14,595.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 33.80x (Retail: 11.79x, QIB: 48.11x, NII: 26.09x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-12-18. Investors can verify status using PAN card or application number.
International Gemmological Institute (India) Limited shares are scheduled to list on NSE and BSE on 2024-12-20.