International Gemmological Institute IPO



Objective of the Issue

The Company proposes to utilize the Net Proceeds towards funding the following objects:

  1. Payment of the purchase consideration for the acquisition of IGI Belgium Group and IGI Netherlands Group from the Promoter.
  2. General corporate purposes.

IPO Details, Price, Market Lot

International Gemmological Institute IPO Details
IPO Open Date 13 December 2024
IPO Close Date 17 December 2024
IPO Issue Size 10,13,18,944 Shares (Aggregating up to ₹4,225.00 Cr)
Fresh Issue 3,53,71,702 Shares (Aggregating up to ₹1,475.00 Cr)
Offer for Sale 6,59,47,242 Shares (Aggregating up to ₹2,750.00 Cr)
Retail Portion Not more than 10% of the offer 
NII Portion Not more than 15% of the offer
QIB Portion Not less than 75% of the offer
Listing At NSE, BSE
International Gemmological Institute IPO Price
Face Value ₹2 Per Share
IPO Price Band ₹397 to ₹417 Per Share
Employee Discount
IPO Issue Type Book Built Issue
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International Gemmological Institute IPO Market Lot For Retail Investor
No. of Shares Per Lot 35 Shares
Minimum Lot Size 1 Lot (35 Shares)
Minimum Amount (Cut-off price) ₹14,595
Maximum Lot Size 13 Lots (455 Shares)
Maximum Amount (Cut-off price) ₹1,89,735
International Gemmological Institute IPO Market Lot For S-HNI
No. of Shares Per Lot 35 Shares
Minimum Lot Size 14 Lots (490 Shares)
Minimum Amount (Cut-off price) ₹2,04,330
Maximum Lot Size 68 Lots (2,380 Shares)
Maximum Amount (Cut-off price) ₹9,92,460
International Gemmological Institute IPO Market Lot For B-HNI
No. of Shares Per Lot 35 Shares
Minimum Lot Size 69 Lots (2,415 Shares)
Minimum Amount (Cut-off price) ₹10,07,055

IPO Date, Listing Date, Allotment Date

International Gemmological Institute IPO Time Table (Tentative)
IPO Open Date 13 December 2024
IPO Close Date 17 December 2024
Basis of Allotment Date 18 December 2024
Initiation of Refunds 19 December 2024
Credit of Share to Demat Account 19 December 2024
IPO Listing Date 20 December 2024
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Financial Report

Period Ended Assets
(₹ in Crore)
Revenue
(₹ in Crore)
P A T
(₹ in Crore)
Net Worth
(₹ in Crore)
Borrowings
(₹ in Crore)
30 September 2024 775.60 619.49 326.06 643.41  
31 December 2023 603.20 648.66 324.74 509.01  
31 December 2022  409.03 499.33 241.76 339.07  
31 December 2021 319.69 374.29 171.53 242.59  
Period Ended 30 Sept. 2024 31 Dec 2023 31 Dec 2022 31 Dec 2021
Assets 775.60 603.20 409.03 319.69
Revenue 619.49 648.66 499.33 374.29
P A T 326.06 324.74 241.76 171.53
Net Worth 643.41 509.01 339.07 242.59
Borrowings        
Amount in ₹ Corre

Company Promotor & Promotor’s Holding

The promoter of the Company is BCP Asia II TopCo Pte. Limited.

Pre Issue Promotor Holding 100.00%
Post Issue Promotor Holding 76.55%

Company Address

International Gemmological Institute (India) Limited
702, 7 th Floor, The Capital, Bandra Kurla Complex, Bandra (E), Mumbai-400051
Phone: +91 224035 2550
Email: investor.relations@igi.org
Website: https://www.igi.org/

IPO Registrar, Lead Manager, Prospectus

International Gemmological Institute IPO Prospectus
International Gemmological Institute IPO Registrar
Kfin Technologies Limited
International Gemmological Institute IPO Lead Manager
  • Axis Capital Limited
  • Kotak Mahindra Capital Company Limited
  • Morgan Stanley India Company Pvt Ltd
  • SBI Capital Markets Limited
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