International Gemmological Institute IPO: Check IPO Date, Live Subscription and Key Details
The International Gemological Institute (India) Limited (IGI) is a global leader in the certification and accreditation of natural diamonds, laboratory-grown diamonds, studded jewelry, and colored gemstones. IGI has positioned itself as the biggest player in its domain by having served the diverse needs of its stakeholders in the jewelry industry. It is owned by Blackstone-one of the world's largest private equity firms.
Price Range
₹397.0 - ₹417.0
Issue Size
₹4,225 Cr
Lot Size
35 shares
IPO Type
Mainboard
GMP
₹159(+38.13%)
Est. Listing Price
₹576
Estimate Profit
₹5,565
Retail Portion
-
Key Metrics
Check Live GMPGMPFace Value
₹2
EPS
-
P/E Ratio
-
RoNW
76.58%
ROE
76.58%
Advertisement
Timeline
IPO Opens
13 Dec
IPO Closes
17 Dec
Allotment
18 Dec
Listing
20 Dec
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 13 December 2024 | Subscription starts |
| IPO Close Date | 17 December 2024 | Subscription ends |
| Allotment Date | 18 December 2024 | Allotment |
| Listing Date | 20 December 2024 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹14,595 |
Retail (Max)Just less than ₹2,00,000 | 13 | ₹1,89,735 |
SHNI (Min)Just above ₹2,00,000 | 14 | ₹2,04,330 |
SHNI (Max)Below ₹10,00,000 | 68 | ₹9,92,460 |
BHNIAbove ₹10,00,000 | 69 | ₹10,07,055 |
IPO Objectives
- Payment of the purchase consideration for the acquisition of IGI Belgium Group and IGI Netherlands Group from the Promoter
- General corporate purposes.
Strengths
- IGI is globally trusted for precision in diamond and gemstone certification.
- It leads in lab-grown diamond certification, meeting growing demand for sustainable options.
- With 843 employees, including 316 gemologists, IGI delivers high-quality certifications efficiently.
- It serves manufacturers, retailers, and consumers, minimizing reliance on a single segment.
- Its gemology schools train professionals, enhancing industry expertise and IGI’s reputation.
Weaknesses
- IGI’s revenue depends on luxury spending, which can drop during economic slowdowns.
- Different rules in various countries can make operations challenging.
- Competition from other companies may affect IGI’s position.
- IGI relies heavily on the Indian market, which can be risky if local conditions change.
Advertisement
Financial Performance
| Period Ended | 30 Sep 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 775.6 | 603.2 | 409.03 | 319.69 |
| Revenue (₹ Cr.) | 619.49 | 648.66 | 499.33 | 374.29 |
| PAT (₹ Cr.) | 326.06 | 324.74 | 241.76 | 171.53 |
| Net Worth (₹ Cr.) | 643.41 | 509.01 | 339.07 | 242.59 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| GMR Airports | 0 | -0.81 | 59.8% | 13,298 |
| SJVN | 3.15 | 46.08 | 6.83% | 14,071 |
| Sagility India | 2.33 | 76.9 | 5.5% | 6,443 |
Subscription Details
No daily bids available.
No subscription statistics available.
Advertisement
Company Details
- International Gemmological Institute (India) Limited
- 702, 7 th Floor The Capital, Bandra Kurla Complex, Bandra (E), Mumbai-400051
- +91 224035 2550
- investor.relations@igi.org
- https://www.igi.org/
Registrar Details
- Kfin Technologies Limited
- 04067162222, 04079611000
- igil.ipo@kfintech.com
- https://kosmic.kfintech.com/ipostatus/
Loading comments...